Investment Protection and Double Taxation

• 1. Sri Lanka is the one of the safest countries in the world to invest in due to a number of mechanisms in place to protect investors. Article 157 of the island's constitution guarantees the safety of investment protection treaties and agreements approved by parliament by a two thirds majority.

• 2. Sri Lanka has signed bilateral Investment Protection Agreements (IPA) with 28 countries. The country has a very independent system of courts which can redress any concerns of investors.

• 3. Sri Lanka also has bilateral Double Tax Avoidance Agreements with 38 countries.