Maldives
Maldives: 3 company types, its taxes, banking and business environment.
Forming a company
Company types in the Maldives
The 3 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names Maldives. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Maldives.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Maldives: where to register, file and check.
Blocs and agreements
The trade arrangements Maldives belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- South Asian Free Trade Area
- Free trade area · since 1 January 2006
Covers goods.
Quote
Member States comprising the People's Republic of Bangladesh, the Kingdom of Bhutan, the Republic of India, the Republic of Maldives, the Kingdom of Nepal, the Islamic Republic of Pakistan and the Democratic Socialist Republic of Sri Lanka
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 15%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Maldives, and when it must register, as the tax authority states it.
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Maldives.
Tax calendar
When the main returns and payments fall due in Maldives, tax year 2025, as the tax authority states it.
- Corporate tax return
- Not in our records
mira.gov.mv inaccessible when checked
- Corporate tax, final payment
- Not in our records
mira.gov.mv inaccessible when checked
- Corporate tax, instalments
- Not in our records
mira.gov.mv inaccessible when checked
- Personal income-tax return
- Not in our records
mira.gov.mv inaccessible when checked
- Personal income tax, final payment
- Not in our records
mira.gov.mv inaccessible when checked
- Personal income tax, instalments
- Not in our records
mira.gov.mv inaccessible when checked
- VAT return
- Not in our records
mira.gov.mv inaccessible when checked
- Payroll withholding
- Not in our records
mira.gov.mv inaccessible when checked
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Maldives yet.
Economy and trade
What it exports
Goods Maldives exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Maldives’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Other aircraft (for example, helicopters, aeroplanes), except unmanned aircraft of heading 8806; spacecraft (including satellites) and suborbital and spacecraft launch vehicles HS 8802 | 54.5% | 15.3% | 28.1% | US$78 m |
| Fish, frozen, excluding fish fillets and other fish meat of heading 0304 HS 0303 | 14.2% | 34.6% | 20.7% | US$58 m |
| Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs HS 1604 | 4.4% | 11.3% | 14.2% | US$40 m |
| Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen HS 0304 | 5.3% | 9.6% | 9.0% | US$25 m |
| Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils HS 2710 | 6.8% | 10.7% | 5.5% | US$15 m |
| Petroleum gases and other gaseous hydrocarbons HS 2711 | 5.3% | 2.8% | 5.3% | US$15 m |
| Ferrous waste and scrap; remelting scrap ingots of iron or steel HS 7204 | 1.9% | 2.8% | 3.1% | US$9 m |
| Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 0304 HS 0302 | 2.5% | 4.6% | 3.0% | US$8 m |
| Fish, dried, salted or in brine; smoked fish, whether or not cooked before or during the smoking process HS 0305 | 0.38% | 1.0% | 1.7% | US$5 m |
| Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves HS 2301 | 0.50% | 0.98% | 1.4% | US$4 m |
Total goods exports, 2024: US$279 m. The ten largest headings are shown.