INVESTMENTS SRI LANKA
Why Invest in Port City Colombo
The Colombo Port City Special Economic Zone (SEZ) is an economic powerhouse fueling high-level development projects and businesses in the South Asian region. Investments and business operations in the SEZ are facilitated by the Colombo Port City Economic Commission (CPCEC), established under the Colombo Port City Economic Commission Act No. 11 of 2021. The CPCEC acts as a Single Window Investment Facilitator and regulatory body for the Port City Colombo Area of Authority, streamlining regulatory and foreign exchange processes to create a competitive business landscape.
Colombo Port City Special Economic Zone
The Colombo Port City Economic Commission (CPCEC) acts as a Single Window Investment Facilitator for the Colombo Port City Special Economic Zone (SEZ), driving regional economic growth through investor-friendly incentives and a progressive regulatory framework.
0% Personal Income Tax
Authorised Persons (APs) in
Port City Colombo enjoy zero personal tax on their employment income in foreign currency.
16 Designated Foreign Currencies
for Transactions
Freely transact in 16 designated foreign currencies using Port City Colombo investment specific accounts.
100% Capital and Profit Repatriation
Transfer foreign-earned profits and offshore capital back to your home country with no restrictions.
5-10 Year Preferential Visa
Get a family-inclusive preferential visa of 5-10 years with a green channel for investment, business, employment, and residency.
100% Foreign Ownership
Keep complete control of your business and property assets, fully protected by legal and regulatory safety nets.
25+ Years of Tax Exemptions
Register as a Business of Strategic Importance and be entitled to 25-year tax exemptions and a subsequent 50% cut on all taxes for 10 years.
Port City Colombo promotes a competitive regulatory environment, boosting export of services and capital inflows.
PCC has access to a highly-skilled talent pool across multiple industries, supported by flexible labour laws.
CPCEC’s Single Window Investment Facilitator services eases business operations in the South Asian region.
CPCEC provides strong investment protection and a dedicated through a dedicated International Commercial Dispute Resolution Centre.
The city features future-ready infrastructure, making it one of the most sustainable cities regionally.
Port City Colombo gives you the benefit of paying employees in designated foreign currencies.
Economically Ring-Fenced
High-Freedom, Low-Risk Financial Environment
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Explore business opportunities within a distinct financial ecosystem Transact in 16 designated foreign currencies
Comply effortlessly with international regulatory standards
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Enjoy higher trading freedom through relaxed foreign exchange controls
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Comply with Anti-Money Laundering practices combating Financing of Terrorism
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Raise capital overseas
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Minimize foreign exchange risk and hedging costs
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Gain full capital and profit repatriation
Investor Protection
Invest securely
Enjoy built-in investor protection mechanisms through laws and contracts
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Registrations, licenses, authorizations, permits, or approvals may not be discontinued or amended to negatively affect investors.
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Stabilisation/ Economic Equilibrium Clause protects Authorised Persons from negative effects through changes in laws. If an Authorized Person increases operating expenses due to legal requirements, the Commission may adjust the exemptions to cover additional costs.
Experience Port City Colombo’s strong commitment to investment protection
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Sri Lanka has 25 active Bilateral Investment Treaties and 5 other Treaties with Investment Provisions.
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International Investment Agreements provide foreign investment protection against the appropriation of assets through Fair and Equitable Treatment principles.
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Port City Colombo adopts expert-led, internationally-accepted procedures for dispute resolution headed by the International Commercial Dispute Resolution Centre.
PORT CITY VILLA DEVELOPMENT
Port City – Your Gateway to South Asia
Port city is a mega scale master-planned urban development initiative that aims to expand Colombo’s Central Business District. Colombo, the country’s commercial capital, has been consecutively ranked as South Asia’s Best City to Live in by Mercer, where attractiveness for businesses is based on high-quality human capital and competitive costs of doing business.
LOCATION
Port City Colombo
LAND EXTENT
27 Acres
MINIMUM INVESTMENT
USD 362 Mn