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Special Foreign Investment Deposit Accounts (SFIDA)
 
   
   
 
 

What is it?
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.

To whom?
- Citizens of foreign states.
- Sri Lankan Citizens resident outside Sri Lanka.
- Corporate bodies incorporated outside Sri Lanka.
- Foreign institutional investors such as country funds, mutual funds and regional funds.

What are the benefits?
- Accounts could be opened individually or jointly as Savings or Time deposits in foreign currencies or LKR.
- Minimum Deposit USD 10,000/- or equivalent in other designated foreign currencies or in LKR.
- Statements of accounts will be dispatched to the account holders on a quarterly basis.
- SFIDA accounts are exempted from Income Tax, Withholding Tax and Debit Tax.


For more details call us on 4730 338 or 4730 339.

 
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