Sri Lanka – Singapore Free Trade Agreement (SLSFTA)

About this agreement

The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) eliminates tariffs for 80% of all tariff lines through staging periods of up to 15 years, allows for third-party invoicing arrangements, safeguards market access and ensures a more predictable operating environment for service suppliers.
1 May 2018
Entry into force

Key benefits

  • Eliminates 80% of all tariff lines through staging periods of up to 15 years
  • A Certificate of Origin shall be valid for (12) months from the date of issue in the exporting party
  • Allows for third-party invoicing of goods
  • Safeguards market access and ensures a more predictable operating environment for service suppliers
  • Protects Singapore investors and investments in Sri Lanka

Eligibility

Use the Tariff Finder to see if your product is eligible to enjoy this FTA's tariff concessions.


Alternatively, you can explore the following steps to check your eligibility.

  • Your product’s preferential rate
    Check the Tariff Schedule or the Product Specific Rules for preferential rates for your product.
  • Your product’s rule of origin

    Rules of origin are a set of criteria which determine a product's originating status in each respective FTA.

    It is put in place to ensure that only goods originating from the FTA partner countries will benefit from tariff concessions.

    Is your product obtained/produced entirely within Singapore or Sri Lanka?
    Your product is considered wholly obtained in Singapore
    Does your product fall under the list of Product Specific Rules?
    Your product may be considered as originating from Singapore/Sri Lanka
    35% of its content must originate from Singapore/Sri Lanka
    OR
    non-originating raw materials must have undergone a change in the first 4 digits of the HS code from the finished good.

Apply

Singapore Customs is the authorised body in Singapore for FTA Preferential Certificate of Origin (PCO) application.

If your product is eligible, follow these application steps to enjoy tariff concessions:
  1. Register your factory with Singapore Customs using the Manufacturer's Application Form
  2. Submit the Manufacturing Cost Statement
  3. Apply for a Preferential Certificate of Origin (PCO)


The process from registration to receiving the PCO typically takes less than one month.

Learn more about the rules of PCO

Submit your application

Apply for a PCO with export permit under the Sri Lanka - Singapore Free Trade Agreement via TradeNet.


Resources


Need additional help?

For assistance, contact us at +65 6898 1800, reach us here or visit the SME Centres.

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