PROCEDURE FOR FOREIGN INVESTMENT REGISTRATION
Foreign investors may choose, either to set up an investment wholly owned by foreigners, form joint ventures with Maldivian Nationals or companies registered in the Maldives or re-register a company which is resident overseas.
A decision on all foreign Investment proposals received by MED, will be made and communicated to the investor within 10 working days (approx.) upon submission of all the relevant documents as per the attachment.
If the investment is approved, an Approval Letter and a draft of the Foreign Investment Agreement will be given to the investors
Once approval has been given, the investors may proceed with registration of the company with the Registrar of Companies (also located within MED).
Once the company has been registered and the documents listed in the Approval Letter has been submitted to MED, the company may proceed to sign the Foreign Investment Agreement with the Government of Maldives, represented by the Ministry of Economic Development.
Re-registering a company resident overseas in the Maldives is free.