Register a Company In Maldives By Online
- To establish a business in Maldives the company’s applicant needs to get in touch with to the Ministry of Economic Development.
- The application can be completed in person or on the internet.
- When submitting your application form, make sure that you attach all of the required documents listed in the section on Required Documents of this page.
- When the registration process is completed successfully of a business the company’s applicants will be given the following documents: Certificate and registration letter Endorsed Memorandum, Article of Association, as well as the Payment Receipt.
More details as well as application forms
Required Documents For Register a Company In Maldives
- The completed Business Registration application form must be submitted.
- A completed form for approval of the name search
- Memorandum of Association 2 Copies
- Articles of Association 2 Copies
- Acceptance letter from the Managing Director
- Letter of acceptance from Secretary of the Company
- National Identification Card Copies
- Cost of registration to a company
- Revenue Stamp
If the shares of the an upcoming company are owned by an existing company You must submit the following additional documents:
- Board resolution on acquisition of shares
- Status of the company
- Resolution of the Board for the appointment of an employee of a different firm to the Board of Directors (if applicable).
Office Locations and Contacts
Ministry of Economic DevelopmentBoduthakurufaanu Magu, Male 20125
Republic of Maldives
Phone: +960 3323668
Fax: +960 3323840
Call Center: 1691
Email: info@trade.gov.mv
Website
Fees
- The registration fee is calculated based on the capitalization of the company.
- MVR 500 Revenue Stamp MVR 500
- The annual fee is for the current yearis MVR 2000 in the case of a privately-owned company and MVR 10,000 for a publicly limited company.
Documents to Utilize
Forms for applications to be used for: Applications forms
Processing Time
2 working days.
Instructions
- You must have your company’s name cleared through the Registrar of Companies prior to registration.
- The company that is registered must be owned by at minimum one shareholder over 18 years old.
- If any of the shareholders are foreign citizens then follow the User guide to registration of foreign investments.
- The minimum capital required of a private limited business is MVR 2,000. The the minimum capital requirement of a publicly-owned corporation can be reached by MVR1,000,000.
- Cheque payments are accepted in conjunction with bank guarantee.
Need to have the Document
This guideline provides details on registering corporations in Maldives. This procedure gives you details regarding the process of creating a local private or private limited corporation in Maldives.
External Links
Information about the registration of Companies