Maldives Foreign Company Registration-Incorporation
Our service: Maldives Foreign Company Registration-Incorporation service;
Let discuss step by step about new company registration process in Maldives:-
There are three options available in Maldives to register a foreign company.
Documents required for these three options and the tax registration form (To use only for option 1 & 3) are attached in this mail:
Share transfer of a local investment/company to a foreigner, Option-3
Company registration Maldives
Note: For option 1 & 3, tax registration form is required. However, it is not required for Option-2 as it involves only share transferring of a business which had already gone through the tax registration.
1-Company formation fee; depends on the authorized registration fee capital of the Company (Minimum authorized capital of USD One Hundred and Thirty approximately.
2-Company Annual fee USD 130 approx. (MRf 2000)
3-Stamp fee USD 32 approx. (MRf 500)
4- Administrative cost shall be deducted later on
5-All foreign investments shall comply with the Business Profit Tax Act (Law No. 5/2011)
Ministry of Commerce is the authority approval creating fresh overseas enterprise;
Taxation: However the taxes have to be complied accordingly. GST (Goods & services levy) in is 6 percent and BPT (Business profit Tax) is 15 percent. NO royalties or extra taxes are levied.
Note: All foreign investors have to show Financial Credibility of USD 500,000/- in home bank to register private limited company or business in Maldives.
Duration: It may take 30 days to complete the whole process of business incorporation.
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