Maldives flag Maldives: Operating a Business in the Maldives

Starting a business in the Maldives

Legal Forms of Companies

Private Limited Company (Ltd)
Number of partners: minimum two, maximum 50
Capital (max/min): MVR 2,000
Shareholders and liability: limited to the shares
Private Limited Company (Ptd)
Number of partners: minimum ten
Capital (max/min): MVR 1,000,000
Shareholders and liability: limited to the shares
Partnership
Number of partners: minimum two, maximum 20
Capital (max/min): no minumum capital required
Shareholders and liability: All the partners shall be jointly and severally liable for all the debts and other liabilities of the partnership incurred during the time they are partners of the partnership
Sole proprietorship
Number of partners: one
Capital (max/min): no minumum capital required
Shareholders and liability: unlimited liability
 

Business Setup Procedures

Setting Up a Company Maldives South Asia
Procedures (number) 6.0 7.1
Time (days) 12.0 14.6

Source: Doing Business - Latest available data.

 
The Competent Organisation
Maldives Business Registry
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Maldives.
 

Financial Information Directories

Dun & Bradstreet - Worldwide directory with financial information on businesses

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Latest Update: September 2023

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