Regulatory Alerts2016-12-23
Revision of Value Added Tax on Application Fees for Entities Licensed or Registered by the Securities and Exchange Commission of Sri Lanka
The Securities and Exchange Commission of Sri Lanka has set a 15 percent Value Added Tax rate on application and registration fees for all licensed and regulated entities, effective 1 November 2016. The notice publishes a comprehensive fee schedule that specifies base charges, calculated VAT, stamp duties, and total payable amounts for categories including stock exchanges, brokers, investment managers, and clearing houses. All affected entities must comply with these revised financial obligations for licensing, annual renewals, and fund registrations.
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