Investment Incentives
Categary |
Qualifying Criteria |
Incentives |
|||||||
Min Investmet (USD) |
Min Export Req. (% of output) |
Full Tax Holiday |
Concessionary Tax |
Imoport duty Exemption on |
Exemption from Exchange Control |
||||
10% |
15% |
20% |
Capital goods |
Raw Material |
|||||
Manufacture of non-traditional goods for exports includeing deemed exports |
250,000 |
80% |
2 years √a |
2 years |
Thereafter |
N/A |
Yes |
Yes √2 |
Yes |
500,000 |
80% |
2 years √2 |
2 years |
Thereafter |
N/A |
Yes |
Yes √2 |
Yes |
|
1,000,000 |
80% |
7 years √2 |
Thereafter |
N/A |
Yes |
Yes √2 |
Yes |
||
Textile/fabric |
500,000 |
80% |
5 yrs |
||||||
1,000,000 |
80% |
8 yrs |
|||||||
5,000,000 |
80% |
10yrs |
|||||||
7,500,000 |
80% |
12yrs |
|||||||
10,000,00 |
80% |
15 yr |
|||||||
The Colombo Stock Exchange is the fastest growing Asian exchange. 2009 ended with a 105% growth and a market capitalization of US $ 7.5billion. It is to be the prime location of emerging stocks by 2011.