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What is it? |
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Here is an
ideal opportunity has at long last, arrived. Now you
can invest in a Special Foreign Investment Deposit Account(SFIDA)
and reap the best benefits yet. |
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|
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To whom? |
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Citizens
of foreign states. |
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Sri Lankan Citizens resident outside Sri Lanka. |
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Corporate
bodies incorporated outside Sri Lanka. |
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Foreign institutional investors such as country funds,
mutual funds and regional |
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funds. |
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What
are the benefits? |
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Accounts could be opened individually or jointly as
Savings or Time deposits in |
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foreign currencies or LKR. |
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Minimum Deposit USD 10,000/- or equivalent in other
designated foreign |
|
currencies or in LKR. |
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Funds can be remitted for authorized purposes without
any Exchange Control |
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approval. |
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Statements of accounts will be dispatched to the account
holders on a quarterly |
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basis. |
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SFIDA accounts are exempted from Income Tax, Withholding
Tax and Debit Tax. |
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|
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For more details call us on 4730
338 or 4730 339 |
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