Setting up in Sri Lanka

Areas Subject to Automatic or Conditional Approval

Foreign investments in the areas listed below will be approved limited to 40%. Foreign ownership in excess of 40% will be approved on a case by case by the BOI.

  1. Production of goods where Sri Lanka’s exports are subject to internationally determined quota restrictions.
  2. Growing and primary processing of non renewable natural resource
  3. Mining and primary processing of non renewable natural resource
  4. Timber based industries using local timber
  5. Fishing (deep sea fishing)
  6. Mass communication
  7. Education
  8. Freight forwarding
  9. Travel agencies
  10. Shipping agencies