Investor Presentaiton
OVERSEAS COMPANIES
• A branch office, project office or other similar office, carrying out any permitted commercial,
trading, or industrial activity is required to invest a minimum of USD 200,000/- or equivalent
amount in other designated foreign currencies, out of remittances received from abroad and
channeled through an Inward Investment Account opened with a licensed commercial bank as
an authorized dealer in Sri Lanka to the credit of an account of the overseas company.
Consequently, such overseas company is required to provide evidence for the proof of said
remittance, to the Department of Registrar of Companies, within 30 days of the registration.
A liaison office, representative office or other similar office, carrying out any non-commercial,
non-trading or non-industrial activity is required to remit in the funds required for the setting up
and maintenance of such place of business through an Inward Investment Account opened with
a licensed commercial bank as an authorized dealer in Sri Lanka to the credit of an account of
the overseas company.
An overseas company may remit out of Sri Lanka, their profit, royalty, franchise or other similar
payments or surplus funds at the time of termination net of tax through the Inward Investment
Account of the parent company through which the investment was routed.View entire presentation