Even though business incorporation in Maldives has been made easy by the Maldivian government, the process could go wrong at times and end up taking a lot of time than expected. So why not let the experts handle this process for you? At Business Supports Private Limited, we will guide you in all the steps in your business incorporation. We will make sure that your business will not fall into any fallbacks there many do when trying to do on their own. We make sure that your business incorporation meets all legal requirements and will be up and running in no time. Once your business incorporation is completed you will be glad to know we offer other accounting services for small businesses as well.
Company secretarial services, registered office address services in Maldives, nominee shareholder service based on your particular business needs are also among the services provided here at Business Supports Private Limited.
With an increasingly resilient economy, that’s been steadily averaging a growth 7 per cent annually over the past 20 years, the Maldives is committed to diversifying its portfolio for further economic growth by encouraging investments in targeted sectors.
That the country’s potential for becoming a proactive link between the East and the West in the Indian Ocean, is endorsed by its historical linkages with commercial sea routes from ancient times. The Maldives is well positioned to connect to the Indian Ocean maritime transport routes and capitalize afresh on the growing transshipment traffic. Its infrastructure is set to play a pivotal role in its diversification agenda. Chief amongst these is its marine transport system, which includes three commercial ports and an excellent maritime public transport network spread across the country. Additional the air transport network is supported by four international airports and six regional airports— providing direct and quick access to over 30 major international destinations, as well as its own islands. The Maldives has the world’s largest fleet of seaplanes, which offer unhindered connectivity to its luxury resorts.
Its advanced telecommunications sector and ICT grid have created a sophisticated and wide communication network — ensuring businesses in the Maldives that they can enjoy uninterrupted connectivity at all times.
With its endorsement of free enterprise it comes as no surprise that the Maldives’ economic vision is embedded with pro-market policies aimed at encouraging a liberal and transparent commercial environment. Investors can look forward to a supportive bureaucracy-free regulatory and legal framework to conduct business.
The Special Economic Zones framework provides special economic incentives and introduces a flexible regulatory environment for mega investments of strategic significance to the country. The framework also provides strong protection for developers as well as investors in special economic zones.
Incentives for developers and investors are either guaranteed by law, or open for negotiation during the process of granting the permit to the master developer.
For the first decade of operation exemption from: