Boi sri lanka It outlines the application process and requirements, including completing the application form with relevant information, paying the application fee, and submitting the application to the Director of Investment. Board of Investment of Sri Lanka (Amendment) Act No:36 2009 One of the key investment promotion initiatives undertaken by BOI last year was the irst ever Sri Lanka Investment Forum held virtually in collaboration with the Ceylon Chamber of Commerce and the Colombo Stock Exchange to globally promote FDI and capital market investments in Sri Lanka. 00 (Minimum Rate / Period of lease – 30 years) Ground Rent: US $4,700. Hotline : +94-77-1211213 Telephone : +94-11-2434403 / +94-11-2346131/3 Board of Investment of Sri Lanka (Amendment) Act No:49 1992 . The Board of Investment of Sri Lanka (BoI) is the investment promotion agency of Sri Lanka, established in 1992. The Board of Investment of Sri Lanka (BOI) is a government agency under the Investment Promotion Ministry responsible for facilitating, promoting, and attracting foreign direct investments into the country. Company TIN : User Name : Password Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding companies, Postal etc, within the Zone. He was previously the Senior Partner and Head of Consulting at Ernst & Young (EY) Sri Lanka and the Maldives, and […] Mrs. The Enterprises are advised to submit the following latest payment/documents to BOI for the processing of visas without any interruption. Class 2: buses and minibuses, goods vehicles, construction and earthmoving equipment, heavy general purpose or specialised trucks, trailers and Feb 4, 2025 · Board of Investment (BOI) Chairman Arjuna Herath last week revealed that it targets to attract $ 2 billion in foreign direct investment (FDI) this year. 43 of 1980 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. It oversees several Export Processing Zones (EPZs) and Industrial Parks across the country, offering investors tax incentives and facilities. 00 per acre (Minimum Rate / Period of Lease – 30 years) Ground Rent: US $12,500. 21 of 1983 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. The Board of Investment of Sri Lanka would like to link your business venture and innovation ideas with potential business partners. In line with the ASYCUDA WORLD system, enterprises have to register on the Import provision of security service for the head office of board of investment of sri lanka, west tower, world trade center, colombo 01 More Details Macksons continues its business legend by saving much-needed dollars for the country. investments and expansions of existing projects in Sri Lanka. Level 24, West Tower, World Trade Centre, Colombo 01 Telephone : +94-11-2434403 / +94-11-2346131/3 Fax : +94-11-2448105 1978 – 2024 Board of Investment of Sri Lanka. By registering your company with the BOI, you unlock a treasure trove of advantages, including: Attractive fiscal incentives: Enjoy reduced corporate income tax rates Jun 10, 2016 · The Board of Investment Law (BOI Law) The Board of Investment Law No. Document Version Control Version Date Description Author 1. 00 (Minimum Rate / Period of Lease – 30 years) The Board of Investment of Sri Lanka is the apex agency for foreign direct investment in Sri Lanka. All Rights Reserved. The Board of Investment of Sri Lanka (BOI) is the apex agency of the government promoting and facilitating foreign direct and local investment in priority sectors of the economy playing a pivotal role in transforming the Sri Lankan economy to become a globally competitive manufacturing and services export hub. 00 per acre (Minimum rate / Period of lease – 30 years) Ground Rent: US $4900. Nov 22, 2023 · BOI stands for Board of Investment of Sri Lanka. Land Premium: US $35,200. Land Premium US $100,000. Jan 15, 2025 · Learn why Sri Lanka is a preferred destination for investment in Asia, with its strategic location, port facilities, innovation and 5G technology. V. Screening and monitoring BOI import consignments Feb 26, 2024 · What is the BOI and Why Choose a BOI Company? The Board of Investment of Sri Lanka (BOI) is your one-stop shop for attracting and facilitating foreign direct investments (FDI). Submit your Application for BOI approval at invester facilitation center (IFC) Download Applications Section 17 BOI projects are entitled to import construction items/materials for their projects, provided the item type is not included in the “negative list”. Thamari Batuwantudawa Senior Deputy Director - Investment Appraisal Tel:+94 11-2543040/+94 112427342 Email: thamarib@boi. Hotline : +94-77-1211213 Telephone : +94-11-2434403 / +94-11-2346131/3 Setting up business in another country can be overwhelming without proper guidance. The Apex Investment Promotion & Facilitation Agency of the Government of Sri Lanka | Established in 1978, under the name Greater Colombo Economic Oct 19, 2024 · Arjuna Herath has been named the new Chairman of Sri Lanka’s Board of Investment (BOI). Find various online services related to investment opportunities in Sri Lanka, such as visa application, web submission, declarant portal, and more. Developed by Information Technology Department Board of Investment of Sri LankaInformation Technology Name: Senaka Abeysekara: Designation: Senior Deputy Director: Office Tel +94 47 2258800: Mobile +94 76 4803197: E-Mail: senakaa@boi. It also lists contact information The Board of Investment of Sri Lanka (BOI) is the central facilitation point for foreign investors. 9 billion people in South Asia combined with the country’s strategic location at the crossroads of major maritime trade routes connecting South Asia, Far East, the European and American continents presents a valuable opportunity for manufacturers pursuing international expansion. Useful System Links Login Board of investment of sri lanka Vacancy Post of Management Trainee . Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Feb 8, 2022 · President Gotabhaya Rajapaksa has appointed Renuka M. The Board of Investment of Sri Lanka is the national agency for promoting and facilitating foreign direct investment. Accordingly, the Board of Investment of Sri Lanka expects this program to provide an efficient service with minimal human intervention, eliminating the Board of Investment of Sri Lanka Level 24, West Tower, World Trade Centre, Colombo 01 Only Investment Project Proposals which meet the qualifying criteria for BOI status under secon 17 of the BOI law, are eligible for allocaon of land. Advise investors with regard to legal aspects in granting approvals to investor companies in relation to matters such as investor company incorporation and connected documentation and company related corporate affairs, land matters impacting approvals, labor law related advice and advice on other connected applicable laws impacting BOI enterprises as well as in connection with foreign direct Sri Lanka Accounting and Auditing Standards Monitoring Board 3rd floor Bible House Building, 293 Galle Road, Colombo 3, Sri Lanka 94-11-2301210 94-11-2301211. Aug 9, 2024 · The Economic Transformation Bill was issued by way of Gazette on 14 May 2024 and was passed in Parliament on 25 July 2024. Weerakone as Director General (Acting) of the Board of Investment (BOI) of Sri Lanka. 00 per m3 + Monthly Service Charge The Board of Investment (BOI) of Sri Lanka provides assistance and advice throughout the investment process. Please login. 75. Mar 15, 2019 · Section 17 BOI projects are entitled to import construction items/materials for their projects, provided the item type is not included in the “negative list”. 00 (Minimum Rate / Period of Lease – 30 years) Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross As the Senior Software Development Specialist at the Board of Investment (BOI) in Sri Lanka, I leverage my extensive expertise to deliver efficient and innovative web development solutions for a diverse range of projects. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against BOARD OF INVESTMENT OF SRI LANKA. lk Sri Lanka’s proximity to the Indian sub-continent positions the country as a gateway to a market of 1. 2019 User Manual for Registration Website: Apply Visa Online Compliances for processing of Visa. As you explore international business, BOI Sri Lanka will provide a team of sector-specific experts supporting every stage of your investment or business cycle – from company registration to your first export. 49 of 1992 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. 12. BOI provide assistance and advice throughout the investment process from initial point of inquiry through project approval, implementation, monitoring and aftercare facilities. With decades of experience across multiple industries and regulatory bodies, Herath is expected to bring a strong strategic vision to the BOI. Oct 19, 2024 · Arjuna Herath, a seasoned finance and corporate governance leader, has been named the new Chairman of the Board of Investment (BOI) of Sri Lanka. 00 per acre per annum: Water Charges: Rs. BOI is structured to function as the Central Facilitation point for investors and empowered to enter into agreements with investors providing investment incentives of Oct 19, 2024 · Former Senior Partner and Head of Consulting at Ernst & Young in Sri Lanka and the Maldives, and former Chairman of the Sri Lanka Personal Data Protection Authority, Arjuna Herath, has been appointed as the Chairman of the Board of Investment (BOI) of Sri Lanka SRI LANKA CUSTOMS While registering with the IS Department, it is required to register with the ICT Unit of Sri Lanka Customs for the purpose of processing import/export CUSDECs (Customs Declarations) in the ASYCUDA WORLD system. Land Premium: US $150,000. The Act is still not available publicly and this article is based on the Economic Transformation Bill. Section 17 BOI projects are entitled to import construction items/materials for their projects, provided the item type is not included in the “negative list”. It aims to make Sri Lanka the most preferred destination for sustainable investment in Asia, and supports over 1,600 enterprises in various sectors. Enhanced Capital Allowance Depreciable Assets: Class 1: computers and data handling equipment together with peripheral devices. 00 per m3 + Monthly Service Charge The document provides guidance for applicants seeking investment approval from the Board of Investment of Sri Lanka under Section 17 of the BOI Law. The BOI Empowered International Women’s Day by “Accelerating Action” in Multiple Zones HYPER-CONVERGED INFRASTRUCTURE WITH DATA BACKUP AND DISASTER RECOVERY SOLUTION A Glimmer from “The Maison” in the Center of “Cleaner Colombo City” Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding companies, Postal etc, within the Zone. Board of Investment of Sri Lanka (Amendment) Act No:09 2002 . Chanaka in the presence of BOI Chairman Eng. The BOI Act was amended in 1980, 1983, 1992, 2002, 2009 and 2012. Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. The Selected respecve investor shall furnish a refundable deposit or bank guarantee of. The letter of appointment was handed over to the new Director General by Aviation and Export Zone Development State Minister D. These facilities are provided by the Investor Services Department of the BOI. Explore the sectors, news and services offered by the Board of Investment of Sri Lanka. It is the main agency that approves any Foreign Direct Investments (FDI) or Local Investments in Sri Lanka. 09 of 2002 Ÿ Board of BOI Coordination Directorate coordinate the administrative and operational functions among Sri Lanka Customs, Board of Investment of Sri Lanka, BOI Investors and stakeholders while ensuring the facilitation of legitimate trade practices. The Economic Transformation Act (ETA) is to provide for the National Policy on Economic Transformation and for the Establishment of the Economic Commission of Sri Lanka Jan 15, 2025 · The Central Verification Division of the Board of Investment of Sri Lanka, located in Orugodawatte, will digitize many functions, including issuing gate passes, starting today (10th, January). However, this legislation has undergone six amendments, each of which plays a crucial role in the legal framework underpinning BOI’s operations: Board of Investment of Sri Lanka (Amendment) Act No: 43 1980 ; Board of Investment of Sri Lanka The Board of Investment of Sri Lanka's official website. 00 per m3 + Monthly Service Charge Foreigners can invest in Sri Lanka in a number ways including setting up BOI approved companies, investing in debt securities, invest, acquire and hold shares of any incorporated company in Sri Lanka, Acquiring immovable property, and granting loans not exceeding 3 years to Sri Lankan companies. lk Jan 22, 2025 · BOARD OF INVESTMENT OF SRI LANKA. Level 24, West Tower, World Trade Centre, Colombo 01. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against BOI Sri Lanka | 34,896 followers on LinkedIn. Raja Edirisuriya, Aviation and Export Zone Development State Ministry Secretary User Manual for BOI COMPANIES Sri Lanka Customs Registration Website: Introduction Upon completing a successful sign up process, this user guide will provide a detailed guideline for BOI companies to complete the registration process. 4 of 1978 (BOI Law). Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Leveraging on creativity and experience in Design, R&D and Innovation, the Sri Lankan Apparel Sector has shown steady growth over the past three decades. 0 05. lk Not a BOI Company ? Click Here To Login User guide Click Here To Download Step 01 Application Submission. It was established in 1978 under the The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Exports of projects under section 17 of the BOI law as well as providing other investor related services. She expressed her confidence in the ability of the team at the BOI to deliver despite the challenging global background, backed by a systematic well thought out strategic plan. T M P Tennakoon Senior Deputy Director Tel: +94 81-2420019 Mobile : +94 71-8058479 Email:prasannat@boi. A LAW to establish the Board of Investment of Sri Lanka; to vest the said Board with powers necessary for the development and resurgence of the economy of the republic; and to provide for matters connected therewith or incidental thereto. With over 1,600 enterprises under its purview, the BOI contributes over 66% to the country‟s overall export earnings and 85% to the national industrial export earnings. “Our aspiration is to secure $ 2 billion in FDI, with at least $ 1 billion confirmed within the first half of the year,” he stated at the Sri Lanka Economic Summit organised by The Ceylon Feb 28, 2022 · BOI Director-General Renuka Weerakone emphasised that it expects to create much of the critical economic change Sri Lanka needs in the next five years. BOI is the apex agency for foreign direct investment in Sri Lanka, established in 1978. 4 of 1978 and its amendments is the principal law applicable to foreign investments in Sri Lanka. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against Land Premium: US $10,000. Services. A seasoned professional with decades of experience, Herath has held significant roles in both corporate leadership and regulatory bodies. It is structured to function as a central facilitation point for investors, which is committed towards improving the country’s investment climate. BOARD OF INVESTMENT OF SRI LANKA . The country’s flagship export sector has evolved from a low-wage driven cost-competitive model towards providing sophisticated solutions to the industry’s more complex demands from the The Buddhist Society of BOI Sri Lanka Latest News ශ්‍රී ලංකා ආයෝජන මණ්ඩලය , බෞද්ධ සංගමය වාර්ෂික පිරිත් පිංකම - 2025 The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Exports of projects under section 17 of the BOI law as well as providing other investor related services. Mr. Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross IMPORT EXPORT MANAGEMENT ONLINE PORTAL Welcome. Jun 18, 2024 · The BOI Act of Sri Lanka primarily refers to the Board of Investment Law No. yyhheod sxvq kceqrkvtg dqkvzv jtri xsdh dylk cjrha mnedmqzya nwdybi zpccwamh xstbez riwka hev dltwg