Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Sri Lankan shipping industry to receive tax incentives

Sri Lankan shipping industry to receive tax incentives

Colombo: The Sri Lankan government's new budget contains a number of incentives to encourage its shipping industry, including the removal of import duty from ships registered under the country's flag, stamp duty for mortgages on ships, value added tax on charter charges and income tax for Sri Lankan seamen. The government also plans to lift current restrictions on foreign loans for ship purchase.  [16/11/06]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.