You are here: Home / Setting up in Sri Lanka / Finalising the Agreement
For the agreement to be finalised investors are required to incorporate the business as a company with the Registrar of Companies and submit the following documents to the BOI:
Memorandum and Articles of Association
Name of Company Secretary
Location of the registered office
Particulars of directors
List of machinery and equipment required for the project
The Letter of Approval from the BOI is sufficient to confirm to the Registrar that the foreign investment has been officially approved.
The formal Agreement is usually signed within the period stipulated in the Letter of Approval. The Agreement will confirm the incentives and concessions the company will be entitled to under Section 17 of the BOI Act.
Service Fees for Processing of Agreements
This fee is US$ 1,000 to cover legal costs plus US$ 1,500 for normal and infrastructure projects and US$ 500 for agricultural projects.
