Changes to the PAYE rates
With effect from 1st April 2018, the PAYE rates applicable for employees (including non-citizen employees) will be changed as follows.
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March 28, 2018
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Foreigners permitted to undertake investments in Sri Lanka under the new exchange control regulations
Broadly, foreigners are permitted to engage in the following capital transactions (Prescribed Investments) in Sri Lanka without having to obtain
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February 13, 2018
公寓单位须缴纳增值税 (Condominium Units to be Subject to VAT )
Condominium units will be subject to VAT with effect from 1st April 2018. However, VAT will not be payable in
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February 8, 2018
Repatriation of sale proceeds of immovable property (land and buildings) in Sri Lanka held by residents outside Sri Lanka
Licensed commercial banks are permitted to repatriate sale proceeds including capitals gains paid by a resident to a non-resident on
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February 7, 2018
Migration Allowances granted to Sri Lankan resident overseas – New Exchange Control Regulations
Sri Lankan nationals who have obtained PR or Citizenship in another country, including dual citizenship are eligible for migration allowances
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January 30, 2018
Sri Lankans Permitted to Invest Overseas – New Exchange Control Regulations in Sri Lanka
In terms of the new Exchange Control Regulations in Sri Lanka (New Regulations) that came into effect on the 20th
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January 29, 2018