Why Sri Lanka
Easy access to international travel
Sri Lanka’s proximity to the Indian sub-continent positions the country as a gateway to a market of 1.9 billion people in South Asia combined with the country’s strategic location at the crossroads of major maritime trade routes connecting South Asia, Far East, the European and American continents presents a valuable opportunity for manufacturers pursuing international expansion.
Agile talent pool
Sri Lanka possesses a multidimensional and versatile workforce completed for your company’s every requirement at a competitive price. Sri Lankan workforce is globally acclaimed for its competence to handle precision manufacturing and high trainability to execute complex processes & operations.
The country prioritizes “Workforce sustainability” by improving both the national education system and access to education whilst introducing vocational training programs to cater to the future demand in emerging industry sectors of Information Communication and Technology, Hospitality and Tourism, Light Engineering and Automotive manufacturing, etc.
Great place to live
A country of many facets, Sri Lanka offers a spectrum of experiences, cultures, and places for those who enjoy diversity and variety. The country’s expansive beaches, rolling hills, rain forests, and cosmopolitan cities with no shortage of restaurants and cafes, abundant nightlife, theater, and art experiences make Sri Lanka an eclectic experience for all.
There is also an extensive choice of quality International education institutes and state of the art private hospitalization and healthcare facilities that makes Sri Lanka a truly great place to live and work for you and your family.
Fast developing infrastructure
Sri Lanka has experienced significant improvements to available infrastructure which has been recognized as a national priority by successive governments. These include an ambitious program to develop and completely upgrade seaports around the island, the international airports, roads in the city of Colombo and highways connecting to other parts of the country and power and telecommunication facilities.
Access to key markets
Sri Lanka’s strategic location provides great opportunities to enter into free trade and partnership agreements with several Asia’s trade powerhouses
Avoidance of double taxation
Agreements on avoidance of double taxation
Relief from double taxation for foreign investors;
Sri Lanka has entered in to Double Taxation Avoidance Agreements with 45 countries to eliminate or mitigate the incidence of juridical double taxation and avoidance of fiscal evasion in the international trade (or transactions).
Investment protection
Bilateral investment promotion and protection treaties
Sri Lanka has entered into 26 Bilateral Investment Promotion and Protection Treaties (BITs) so far, providing a protection to foreign investments within the country. Sri Lanka is developing its model BIT with a view of catering to the needs of covering the aspects of sustainable development principles in attracting foreign investments