Sri Lanka was the first in the South Asian region to promote foreign investment.
Foreign investment is an important element in Sri Lanka's economic growth and is therefore actively encouraged.

Approval is required from the Board of Investment (BOI) prior to the establishment of a foreign business venture in Sri Lanka. The BOI is an autonomous agency and is the primary government body responsible for foreign investment. The BOI grants concessions to companies satisfying certain eligibility criteria.

The Sri Lankan government permits up to 100% foreign participation in many sectors of the economy, and the BOI provides automatic approval for such investments. Investment in certain restricted sectors is subject to screening and approval is given on a case-by-case basis if the foreign investment exceeds 40%.

For further information, please visit - www.boi.lk