The Maldives is widely known as a tourist destination known for leisure vacations and luxurious water villas. The Maldives also offers opportunities for investment and business ventures. The Maldives has a thriving economy and has become an ideal option for investors to set up their companies. We will delve into the process of business registration in the Maldives.
We can assist you with company formation services to help you start with Maldives offshore company registration if you are an entrepreneur or someone venturing into the startup landscape. You can rely on us with our company registration services and bank account opening assistance. If you are on the lookout to gain in-depth knowledge on the overall offshore company elements, the offshore company registration page has it all covered.
Additionally, the Maldives company registry allows for the registration of two types of offshore company structures, i.e., Private Limited Companies and Public Limited Companies.
Foreigners can start and entirely own private limited companies in the Maldives. Maldives companies need to appoint a company secretary. Maldives companies are subject to a 5% tax on the income earned outside the jurisdiction. The Maldives has a 15% tax on the revenue generated.
Benefits of Maldives Company Registration
- 100% Foreign Ownership
- The liability of the shareholders is till their contributions to the company.
- The minimum share capital rate in Maldives is only USD 130.
- Companies can get Tax Exemption from BPT, GST in Maldives.
- The annual meetings can be held from anywhere in the world.
Maldives Company Formation Packages
For investors looking to set up an offshore company in Maldives, our team have two comprehensive packages to assist you. Please refer to our packages below
Standard
Everything for a foreign investor to register a company
$1,950
- Company Formation
- Certificate of Registration
- Document Processing for Registration
- Memorandum & Articles of Association
- Government Fees for 1 year
- Registered Agent and Registered office Address for 1 year
- GC Account Manager for 1 year
Premium
Suitable for investors looking for company formation along with bank account
$2,850
- Everything in Standard
- Certification of Corporate Documents
- Assistance in Bank Account Opening
- One-time application with one suitable bank
- Assistance in preparation of bank application & Supporting Documents
- Schedule appoint with the Bank representative
Steps for Maldives Company Registration
The following steps will help you understand the process of Maldives business registration:
Finalize the Company Name
Comply with all the regulations for company trading names in the Maldives. The company name should be available and unique.
Fill Out the Application Form
Include all the detailed information regarding the shareholders and directors of the Maldives offshore company.
Register the Company
Submit all the documents required along with the application form to the Maldives company registry. The Authorities will do the necessary due diligence. The company application, after successful verification, authorities will issue a company registration certificate.
Open a Bank Account
Open an offshore bank account to conduct financial transactions for your company. Opening a bank account will help you to deal with the daily transactions, which will improve the daily operations of the business.
Documents Required for Maldives Offshore Business Registration
- Proof of Identity
- Proof of Address
- Well-drafted Business Plan
- Professional Reference Letter
- Bank Reference Letter
What our clients say
The team at Gryffin Capitalist is efficient. Starting from offshore company formation to offshore banking, they guided me step by step, ensuring smooth registration in BVI.
Fantastic support throughout the process! I am delighted with Gryffin Capitalist's service. They made Seychelles business registration seamless and stress-free.
I registered an IBC in Belize with Gryffin Capitalist, and the process was seamless. They helped me choose the proper structure. They assisted me with my international bank account.
Why Us for your Company Registration in Maldives
The process of Maldives company formation can be tiresome if not executed properly. We can save time and effort towards submitting paperwork by choosing to proceed with an offshore company registration specialist.
Gryffin Capitalist specializes in offshore company registration in Maldives. We have years of experience and an expert team, which makes us your ideal partner. Are you planning to start a successful business venture in the region? You can reach out to us, and we will assist you with company registration.
Expertise and Experience
Comprehensive Services
Legal Compliance and Transparency
Tailored Solutions
Network of Partnerships
Client Testimony and Reputation
Frequently Asked Questions (FAQs)
Who will issue a Tax Identification Number in Maldives?
Maldivian Register of Companies will issue a Tax Identification Number.
Company name approval process?
Yes, you must choose the company name. The name must be unique and available. The company registry will approve the company name.
Is the business able to file for dissolution?
Yes.
Does creating a bank account require my presence in person?
It depends on the bank's policies and regulations.
Does establishing an offshore business entails creating a bank account automatically?
No, to open a bank account, you must indicate in the form what the company requires.
Why Choose Maldives for an offshore company formation?
Foreigners may register a 100% foreign-owned company in the Maldives.
Are international exchanges subject to any restrictions?
No, there are no restrictions.
Can we register a Shelf company in the Maldives?
No.
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