BOI Charges

Board of Investment of Sri Lanka has revised BOI Rates with effect from 01/01/2019

SCHEDULE  I

LAND PREMIUM AND GROUND RENT FOR ENTERPRISES IN THE EXPORT PROCESSING

ZONES/INDUSTRIAL PARKS

 Minimum Rate When Calling for bids

 Charges per Acre
 Column IColumn II
No.Export Processing Zones and Industrial ParksNon Refundable Land Premium Payable Upfront  US$Ground Rent (per annum)US$
1.*Katunayake60,000.005,130.00
2.*Biyagama60,000.005,130.00
3.*Malwatta30,000.004,660.00
4.*Seethawaka60,000.004,660.00
5.*Horana30,000.004,660.00
6.*Mirigama30,000.004,660.00
7.*Wathupitiwala50,000.004,660.00
8.*Koggala30,000.005,130.00
9.*Mirijjawila20,000.004,235.00
10.*Kandy I.P.10,000.004,660.00
11.*Mawathagama10,000.004,660.00
12.*Polgahawela20,000.004,660.00
 ·Land Reservation Fee – 10% of Land Premium

 

·Lease Period                         50 years

  • All charges are liable to VAT

 

SCHEDULE   II

ANNUAL FEES – FOR ENTERPRISES SITUATED OUTSIDE AN EXPORT PROCESSING ZONE OR INDUSTRIAL PARK

No.Column IColumn II
 Section 17

 

Annual Fees

US$(per annum)
  (a)  Normal Projects2,750.00
  (b)  Hotel, Hospital, Utilities, Tourism sector Project and Any Other Infrastructure  Project 
   – During Project Implementation Period 
    (i)   Project less than USD 3 Mn3,850.00
    (ii)   Project between not less than USD 3 Mn and not more than USD 10 Mn7,260.00
    (iii)  Project more than USD 10 Mn9,680.00
    (iv)  Strategic Development Projects18,150.00
    –  After Implementation, during Tax Holiday &         Concessionary Tax Period 
    (i)   Project less than USD 3 Mn2,530.00
   (ii)   Project between not less than USD 3 Mn and not more than USD 10 Mn6,050.00
    (iii)  Project more than USD 10 Mn8,470.00
    (iv)  Strategic Development Projects12,100.00
   –  After Implementation and after Tax Holiday & Concessionary Tax Period1,100.00
  (c)  Agriculture Projects940.00
  (d)  Coir based Industries and Handicraft Projects1,210.00
 Section 16

 

Annual License Fee

400
  • All charges are liable to VAT

 

SCHEDULE   III

FEES FOR PROCESSING OF AGREEMENTS

No.Column IColumn II

 

US$

 Section 17

 

Investment Application Processing Fee

275.00
 Agreement Processing Fees  –  Strategic Developments Projects3,850.00
  – For other projects2,200.00
 Supplementary Agreements550.00
 Section 16

 

Investment Application Processing Fees

330.00
 Processing Fee for Perusal of Articles Of Association of Companies170.00
 Non BOI Enterprises

 

Agreement Processing Fee for Non- BOI companies

SLRs. 11,000.00
  • All charges are liable to VAT

 

SCHEDULE   IV

MISCELLANEOUS CHARGES

No.Column IColumn II
Rs.
1.(a)  Recommendation for the Entry Visa / Visa extension of existing resident for the Expatriate Workers – Sec 16 and 17US$ 125
 (b)  Recommendation for the Entry Visa / Extension of existing resident Visa of the Investors/Shareholders – Sec 16 and Sec 17 US$ 55
 (C)  Recommendation for the Entry Visa / Extension of existing resident Visa of the DependentsUS$ 55
2.BOI service charges for inspection on Environment Protection License (EPL) Issuing/Renewal 
  a)  Prescribed activities specified under PART A6,600.00
  b) Prescribed activities specified under PART B5,800.00
  c) Prescribed activities specified under PART C5,000.00
3.Issuing of a certified copy of analytical test report upon request by an Enterprise located within a BOI export processing zone & Industrial Park. 
  a)  Water Quality550.00
  b) Noise1,210.00
  c) Ambient air Quality1,210.00
  d)  Waste water Quality  660.00
4.For making Environmental Recommendation to the Telecommunication Regulation Commission38,500.00
5.Charges for providing Analysis Reports. 
   Parameters 
    Colour(each)1,100.00
    Temperature275.00
   Total Suspended Solids550.00
   Total Dissolved Solids550.00
   pH275.00
   Conductivity275.00
   BOD825.00
   COD825.00
   Ammonical Nitrogen550.00
   Heavy Metal1,000.00 – 1,400.00
   CN550.00
   Phenolic Compounds825.00
   F-/CI-/Sulphides/Po 4400.00
   Oil & Grease550.00
   Residual Chlorine825.00
   Total Alcalinity550.00
   Total Iron550.00
   Total Solids550.00
   Turbidity400.00
   Carbonates ( Co 3 )275.00
   Overhead Charges ( 20% of analytical Charges )
Transport Rs. 45/Km
 

 

  • All charges are liable to VAT

 

SCHEDULE  V

CHARGES FOR THE SALE OF PUBLICATION AND ISSUE OF SPECIFIED DOCUMENTS

No.Column IColumn II
Rs.
1.Details of BOI Enterprises
HardCopy:
 
   –  In Commercial Operation2,200.00
   –  Under Construction1,375.00
 Soft Copy: 
   –  In Commercial Operation2,750.00
   –  Under Construction1,925.00
2.Deposit for providing updated information6,600.00
3.Issuing certified copy of the Main Agreement550.00
4.Issuing certified copy of the Supplementary Agreement550.00
5.Issuing a full set of BOI Law and all its amendments550.00
6.Issuing a full set of BOI Regulations and all its amendments550.00

 

  • All charges are liable to VAT

 

SCHEDULE  VII

CHARGES PAYABLE ON RENT

No.Column IColumn II
Rs. Cts.( per Sq. Foot)
1.Katunayake EPZ
Plaza Complex:
 
   (a)  Upper Floor55.00
   (b)  Ground Floor65.00
 Supply of water & common amenities
(Charge percentage on monthly rental)
10%
 Cleaning & maintenance charges
(Charges based on square feet)
5.00
 Vehicle parks ( Only for the Commercial Bank site )11.00
2.Biyagama EPZ
Administrative Building
 
   (a)  Lower Ground Floor50.00
   (b) Upper Ground Floor60.00
   (c) 1st Floor55.00
3.Wathupitiwala EPZ
Building at Wathupitiwala
8.50
4.Seethawaka EPZ
Standard Factory Buildings
95.00 (Per sq.meter)
 Administrative Building – Ground Floor50.00
5.Koggala EPZ
Building without power & water
11.00
 Administrative Building – Ground Floor35.00
6.Mawathagama EPZ
Old Office Building at Mawathagama
5,500.00

 

  • All charges are liable to VAT

 

SCHEDULE  VIII

ENTRY PERMITS & PHOTO IDENTITY CARDS

No.Column I Column IIRs.
1.Daily PermitsVisitors/Suppliers/Businessmen/Contractors60.00
2.Waste Material Collectors/Buyers

 

(incl. off cuts local sales)

140.00

 

 

 

3.Waste Material Collectors – Dump Yard50.00
4.Light Vehicles(Cars, Vans, Jeeps, Cabs, Hand Tractors,Three Wheelers)60.00
5.Heavy Vehicles90.00
6.Heavy Vehicles – to Dump Yard280.00
7.Monthly PermitsEmployees of Enterprises (Temporary/Casual)40.00
8.Employees of Manpower Agencies80.00
9.Employees of Contractors/Suppliers/Other Service Providers130.00
10.Visitors Permit Books5500.00(50 @ Rs. 110)
11.Buyers : Off Cuts, Local Sales850.00
12.Waste Material Collectors – Dump Yard240.00
13.Light Vehicles – for calendar month(Cars, Vans, Jeeps, Cabs/Hand Tractors/Three Wheelers)280.00
14.Heavy Vehicles – for calendar month700.00
15.Annual PermitsVehicles – belonging to employees of enterprises – Light Vehicle1100.00
16.

 

17.

Members of Garment Buying Office Association

 

Special Vehicle Pass for investors/CEO/VIPs (w.e.f. 06.04.2018)

 

800.00

 

2,300.00

18.Other PermitsVehicles (Duty Free) – Registered in the name of enterprises – Permanent Permit700.00
19.Vehicles (Others) – Registered in the name of enterprises – Permanent Permit1,300.00
20.

 

 

21.

 

 

 

 

22.

 

 

23.

Photo Identity CardsEmployees of enterprises

 

 

Employees of Service Organizations

(Adm. Complex) (1 year)

Inside

Outside

 

All Zones ID to Owners – CEO of all enterprises

(1 year)

 

All Zones ID to Owners – CEO of all enterprise

(2 years)

200.00

 

(3 years)

 

 

850.00

1,650.00

 

1,500.00

 

 

3,000.00

All charges are inclusive of VAT

SCHEDULE IX

SERVICE CHARGES FOR SERVICES PROVIDED BY INVESTOR SERVICES DEPARTMENT

No.Column 1HO/CVT/ACTZONES 
  (Rs.) (Rs.) 
1Documentation Charges   
1.1Import/Export Documentation (per Document)500.00500.00 
1.2Indirect Export (per GRN)300.00300.00 
1.3Indirect Export effected on Tax Invoice700.00700.00 
1.4Documentation Charges for Import of Motor Vehicles15,000.0015,000.00 
1.5Manual Submission of Cusdec / other – For keying into be decided by SDD/Unit Head600.00600.00 
1.6Submission of modified import CUSDEC500.00500.00 
1.7Import / Export charges per document (Special Rates / KEPZ)250.00 
     
2Verification Charges   
2.1Cargo Imported / Exported by Sea   
2.1.1(CVT)   
2.1.1.1FCL 20′1,750.00 
2.1.1.2FCL 40′ / 45′3,200.00 
2.1.1.3LCL Per CBM130.00 
2.1.14Hanging Garments (Transport  as LCL) – per CBM   
 Rate per Bar (01 Bar considered as 02 CBM)   
2.1.1.5Special Operations for consolidation of Cargo – per CBM80.00 
2.1.2(ZONES)   
2.1.2.1FCL 20′600.00 
2.1.2.2FCL 40′ / 45′900.00 
2.1.2.3LCL – up to 10 CBM – per CBM130.00 
2.1.2.4Over 10 CBM upto 50 CBMRs. 15 for each additional CBM 
2.1.2.5Above 50 CBM2,000.00 
2.1.3(CVT / ZONES)   
2.1.3.1Bulk Cargo   
2.1.3.1.1Feed Mill Projects / Cements / Gas / Steel / Others   
 Charges per Vessel if single consignee10,000.0010,000.00 
2.1.3.2LCL per MT50.0050.00 
2.1.4Coir fibre Dust – per 20′ / 40′ 45′ container750.00750.00 
2.1.5Container Seal / Additional Container Seal200.00200.00 
2.2Cargo Imported / Exported by Air   
2.2.1Cargo Imported by Air (ACT) / Zone   
2.2.1.11 – 10 Kg130.00130.00 
2.2.1.211 – 50 Kg250.00250.00 
2.2.1.351 – 100 Kg350.00350.00 
2.2.1.4Above 100 Kgper Kg 8.00per Cusdec 700.00 
2.2.1.5Live Fish – CBM130.00130.00 
      

 

No.Column 1HO/CVT/ACTZONES
2.2.2Cargo Exported by Air (ACT) / Zone  
2.2.2.1LCL Cargo – per CBM130.00
2.2.2.2LCL Cargo – upto 3 CBM350.00
2.2.2.3LCL Cargo – More than 3 CBM700.00
2.2.2.4LD 2/3/ container400.00400.00
2.2.2.5All other LD Containers750.00750.00
2.3Verification Charges for TIEP/Bond Purchases300.00300.00
2.3.1Verification Charges for other services250.00
    
3Storage Charges  
3.1per 20′ / 40’/ 45′ container – per day / per TEU750.00750.00
3.2LCL per CBM – per day250.00250.00
    
4Verification charges for other special Import / Export Cargo  
 (Aircraft / Boat / Crane / Ships)  
4.1Aircraft / Ship15,000.0015,000.00
4.2Boat / Crane7,000.007,000.00
    
5Sub Contracts / Local Sales / Other approvals (where applicable)  
5.1Local Sale of Finished goods1,000.001,000.00
5.2Sub Contracts & other approvals1,000.00800.00
    
6Service Charges for destruction of redundent goods of BOI companies  
6.1Storage / Fabrication and shredding of fabric or garments800.00800.00
6.2Service to destroy redundent goods1,000.00800.00
    
7Charges for extension of period of validity for all approvals200.00200.00
    
8Transfers /Purchases  
8.1Transfers (Same TIN (Sister Companies) & Different TIN No. )300.00300.00
8.2On loan transfers raw materials / machine300.00300.00
8.3Trading House Transfers800.00800.00
8.4Approval for purchases / sale of finished goods300.00300.00
    
9Disposal of Redundant Items  
9.1Ferrous Scrap / Fibre / Yarn Waste – per Kg2.002.00
9.2Non Ferrous Metal / other – per Kg4.004.00
9.3Garment / other production Accessories – per Kg4.004.00
9.4Packing Meterial /Machinery/Equipment and Others  
9.4.1packing material / Machinery / Equipment and others  – per lorry load700.00700.00
 If lorry Load <= 1/2 Load  
9.4.2packing material / Machinery / Equipment and other  – per lorry load1,400.001,400.00
 If lorry Load > 1/2 Load  
9.4.3Waste packing materials generated from manufacturing process – per lorry load700.00700.00
 If lorry Load <= 1/2 Load  

 

No.Column 1HO/CVT/ACTZONES
9.4.4Waste packing materials generated from manufacturing process – per lorry load1,400.001,400.00
 If lorry Load > 1/2 Load  
9.5Approval for disposal of Vehicle8,500.008,500.00
9.6Fabric in Roll Form including Pocketing – per Square Meter3.003.00
9.7Off cuts / Cut pieces (Length <2 Mtrs. 6″<Width> 24″) per Kg.8.008.00
9.8GI / Plastic Barrels and Cans  
9.8.110 – 50 Ltr – per item8.008.00
9.8.251 – 250 Ltr – per item30.0030.00
9.8.3251 Ltr & above60.0060.00
    
10Overtime Charges  
10.1Documentation  
10.1.1Monday to Saturday from 4.00 pm – 8.30 pm (per Cusdec)300.00300.00
10.1.2Sunday, Mercantile & Poya days from 8.30 am to 8.30 pm ( per Cusdec)350.00350.00
    
10.2Verification of Import / Export  
10.2.1Monday to Friday from 8.30 pm – 8.30 am (following day) (per Cusdec)300.00300.00
10.2.2Weekends, Mercantile & Poya days from 8.30 am to 8.30 am  (following day) per Cusdec400.00400.00
10.3Verification of Sub – contracts / Transfers / Loan etc.  
 From 8.30 pm to 8.30 am (following day)250.00
    
11Reports on Import / Export Data  
11.11 month150.00150.00
11.23 month250.00250.00
11.31 year800.00800.00
    
12Cancellation Charges of Import Cusdecs  
12.1Within 7 working Days600.00600.00
12.2After 7 working Days1,000.001,000.00
    
13Cancellation of Export Cusdecs  
13.107 working days after the expiry of validity of 30 days1,000.001,000.00
    
14System Updating / Amendment / Penalty Charges (Import / Export)  
14.1Flight Amendment Charges / Minor Charges as determined by DD / SDD130.00130.00
14.2Any amendments of cusdec as determined by relevant SDD / DD500.00500.00
 Consignee / Shipper / Item Description / Terms of Payment / Currency / Import Container No.  
14.3Not finalizing Green Channel exempted and LCL  Import Cusdec after 3 days of registration500.00500.00
14.4Submission of wrong declaration for cargo verification250.00250.00
14.5Non Submission of Cargo for verification within 07 days including Weekends3,000.003,000.00
14.6System Updating charges130.00130.00

 

All charges are liable to VAT

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