| Name | Requirements for approval of an investment under BOI.(Section 16) |
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| Description | These approvals are granted;
only to facilitate the entry of foreign investment
to setting up of a new company with foreign shareholding or
for the purpose of transferring or issuance of new shares in an existing non-BOI company to foreign investors. |
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| Comments | At present the minimum investment requirement to qualify for the section 16 projects is US$ 250,000. This can be either 100% foreign investment or a joint venture investment with a local collaboration. |
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| Validity From | 15-02-2012 |
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| Validity To | 31-12-9999 |
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| Reference | |
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| Technical Code | |
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| Agency | 40 |
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| Created Date | 2018-03-05 08:31:06 |
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| Updated Date | 2018-06-21 10:51:54 |
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| Status | Active |
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| Measure Type | Permit Requirement |
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| Legal/Regulation | Board of Investment of Sri Lanka (Amendment) Act, no. 3 of 2012 |
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| Un Code | |
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