Investor Presentaiton

OFF-SHORE COMPANIES A company incorporated in or outside Sri Lanka registering itself in Sri Lanka as an off- shore company to carry on any business outside Sri Lanka. If a company incorporated outside Sri Lanka registers itself as an offshore company, it is deemed to have been incorporated in Sri Lanka. • An offshore company cannot conduct any business in Sri Lanka. • They may not be subject to taxation in their home jurisdiction. • Only limited amount of information about the company may be available to the public. Allegation that off-shore companies may be used for money laundering, tax evasion, fraud, and other forms of white collar crime.

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