Frequently Asked Questions (FAQ)
Frequently Asked Questions (FAQ)
Authorised Persons and Business Operations
- Who is an Authorised Person?
- What type of business can be carried out within Colombo Port City?
- What is required to obtain approval for an Authorised Person License?
- What documents are required to obtain an Authorised Persons licence from the CPCEC?
- Will an Authorised Persons licence to engage in business be issued to all applicants?
- Can office space be rented within Colombo Port City?
- Until infrastructure within Colombo Port City is operational, where can an Authorised Person conduct business?
Foreign Investment Framework
- What qualifies as foreign funds raised outside Sri Lanka?
- Can Sri Lankan investors participate in investments within Colombo Port City?
- Can a Sri Lankan investor pay for land leases in Sri Lanka Rupees?
- Can Sri Lankan citizens lease residential property within Colombo Port City?
Transactions in Sri Lanka Rupees
- Can an Authorised Person engage with entities outside Colombo Port City?
- Can persons outside Colombo Port City provide goods or services to an Authorised Person?
- Do Sri Lankans require foreign currency to access facilities within Colombo Port City?
- Can an Authorised Person maintain Sri Lanka Rupee accounts?
Businesses of Strategic Importance (BSI) and Incentives
- What are Businesses of Strategic Importance and what incentives are available?
Banking and Financial Requirements
- What are designated foreign currencies?
- What are the permitted debits and credits to a Colombo Port City Investment Account?
- Is a bank account required to commence operations?
Visas and Entry Requirements
- Do Sri Lankan citizens require a visa to enter Colombo Port City?
- What are the types of Colombo Port city Visas that are available for investors?
