On 22 November 2010, the Central Bank of Sri Lanka permitted foreign companies and who are registered as an overseas company in Sri Lanka to carry on business in Sri lanka subject to the following conditions - 
 

• Commercial activity can by done by this company in all sectors except a list of 11 prohibited sectors and 10 other sectors that require prior permission from the Controller of Exchange
• Non-commercial activities that do not provide any income can be undertaken in any sector
• A minimum USD 200,000 or equivalent amount needs to be transferred, invested and maintained for the duration of this business in Sri Lanka
• All remittances out of Sri Lanka to owner company will require getting the necessary certification from auditors in Sri Lanka and/or other specified authorities