Supportive Government Policies

Sri Lanka pioneered South Asia’s economic liberalization over three decades ago. Liberalizing many areas of the economy, the government has created a policy environment that is undoubtedly compelling towards international investment.

The following transparent investment laws aim to foster foreign direct investments:

  • Total foreign ownership is permitted across almost all areas of the economy.
  •   Unrestricted repatriation of earnings, fees and capital

  • Safety of foreign investment is guaranteed by the constitution.
  •  Bilateral investment protection agreements with 28 countries

  • Double taxation avoidance agreements with 38 countries

Sri Lanka possesses a transparent and sophisticated legal and regulatory framework covers all prerequisite business law enactments and is a founder member of the Multilateral Investment Guarantee Agency (MIGA); an investment guarantee agency of the World Bank. This provides a safeguard against expropriation and non-commercial risks.