Registration Service
BOI Registration in Sri Lanka & Incentives
Unlock tax holidays, duty exemptions, and fast-track approvals through the Board of Investment of Sri Lanka. We handle the application from eligibility check to gazette notification.
Timeline
8-16 weeks
Authority
Board of Investment
Min Investment
Varies by sector
Key BOI Incentives
Tax Holidays
Up to 5-12 years of corporate income tax exemption depending on sector, investment size, and employment generation.
Import Duty Exemptions
Duty-free import of plant, machinery, equipment, and raw materials during the project implementation period.
Exchange Control Relaxation
Free repatriation of profits, dividends, and capital. No restrictions on foreign currency transactions for BOI companies.
One-Stop-Shop
Fast-track company registration, visa processing, customs clearance, and utility connections through the BOI facilitation desk.
Eligible Sectors
Registration Process
- 1
Eligibility Assessment
We review your investment plan against BOI eligibility criteria: minimum investment thresholds, sector eligibility, employment generation, and export potential.
- 2
Application Preparation
Prepare the BOI application with business plan, financial projections, employment plan, and environmental impact assessment if required.
- 3
BOI Submission & Negotiation
Submit the application to the BOI. Attend evaluation meetings, respond to queries, and negotiate the incentive package (Section 16, 17, or Strategic Development Projects).
- 4
Agreement Signing
Once approved, sign the BOI agreement specifying the approved incentives, investment milestones, employment targets, and reporting obligations.
- 5
Gazette Notification
The BOI publishes the approval in the Government Gazette. This formalises the tax exemptions and other incentives.
- 6
Company Registration & Compliance
Register the company (or branch) through the BOI one-stop-shop. Set up tax registrations, customs clearances, and begin quarterly BOI reporting.
Comparing entity types? See all our company registration services in Sri Lanka, from private limited companies to BOI, branch, partnership and sole proprietorship registration.
Exploring BOI incentives?
WinCore runs the eligibility assessment, prepares the application, and manages the BOI relationship from approval through ongoing compliance.