The Colombo Port City Special Economic Zone (“Port City”) is a Special Economic Zone in Sri Lanka created to facilitate investments and doing business in Sri Lanka.

In order to regulate and facilitate international commerce and investments within the Port City, the Colombo Port City Economic Commission (the “Commission”) was established under the Colombo Port City Economic Commission Act No. 11 of 2021 (“Act”). The Commission among other things, oversees the implementation of development and other regulations within the Port City and creates, facilitates, and manages investments and businesses in the Port City.

The Act enables the Commission to lease land, manage investments, issue, or grant a registration, licence, authorisation, and other approvals to engage in business, in and from the Port City and facilitate businesses and investments in terms of this Act.

Under the Act, only Authorised Persons are allowed to engage in business within the Port City. Given below is an overview of the salient features of the Act including the process for registration as an Authorised Person.

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