Trade Permits Trade Permit for shops Trade permit for vehicles Trade permit for vessels Trade Permit for bonded warehouse Trade Permit for workshops, factories, vehicle garages, carpentries and tailor shops Trade Permit for restaurants, cafe's and canteens Trade Permit for pharmacies Trade permit for carnivals, fun fairs and night markets Trade Permit for trading online Renewing trade permits Changing ownership of business Changing premise of business Cancelling a business permit Renewing of permits cancelled due to non-payment Registering a business name Registering a shipping mark Registering a logo Registering a trademark
Trade Permit for pharmacies

How can I obtain a permit to open a pharmacy?

· Complete and submit the Trade Permit application form.

· You should submit a copy of the certificate given by Male’ Municipality to the building of operation of business.

· If a company submits the form, the position of the individual submitting the form should be specified and the form should have the company stamp. This individual should be a director of the company.

· If an individual submits the form, a copy of the Identification Card should be attached.

· Fill the name column in the application form with three names in order of preference.

· If the proposed name does not include pharmacy or ‘beys fihaara’, it should be added at the end of the registered name.

How much do I need to pay?

· When the name is registered, you will be required to pay the monthly fee upfront for a minimum of one month.

· The monthly fee for a place on an island with a population higher than 10,000 is Mrf. 200.

· If the population is less than 10,000, the monthly fee is Mrf.50.

· The permit will be granted once the receipt of the monthly fee is submitted.

· A revenue stamp worth Mrf.10 is required for the permit.

Do I need registration from any other government authority?

· The slip issued by the Ministry that includes the registration information should be taken to Maldives Food and Drug Authority.

What kind of standards should the pharmacy premise have?

· The pharmacy should have a door that provides direct access to the shop from outside.

· The pharmacy should not be directly linked to other buildings by means of a door. However, if the place of residence of the owner of the pharmacy is next door, the ministry might give permission for an accessible door between the shop and the residence.

· The building of the pharmacy must be constructed well with cemented walls.

What are the standards set by Maldives Food and Drug Authority?

· As pharmacies can engage only in the trade of pharmaceutical drugs, it should meet the standards of Maldives Food and Drug Authority in addition to the standards of the Ministry.

· The trade permit issued by the Ministry and a permit for trade of pharmaceutical drugs issued by Maldives Food and Drug Authority are required to open a pharmacy. The Food and Drug Authority will issue their permit based on the trade permit issued by the Ministry. 

What should be considered if a company is submitting the request for a permit or license?

·       If the request is made on behalf of a company, partnership, corporative society, club or a party that requires government registration, the receipt of the annual fee should be submitted with the request.

·       If the entity is not required to pay an annual fee, documentation that proves that it is a legal entity registered by the government should be submitted.

·       The mandate of the entity should include trading of imported goods.

What if a premise has an existing permit?

·       If a premise has an existing permit, it should be cancelled before issuing the requested permit.

·       If the premise is not currently used for trade purposes, a letter should be submitted by the previous traders using the premise stating that they have stopped using the premise and cleared it of all goods.

What if the owner of the premise you wish to use for trade purposes is deceased?

·       If the owner of the premise is deceased, the heirs should sign the request form stating that they have no objection to the premise being used for the trade purpose specified. The heirs can be verified by a court declaration.

·       If the court has not declared the heirs, a letter signed by the known heirs should be submitted. The letter should state that in the event that another heir is declared by the court, and that heir objects to the premise being used for trade purposes, the requesting party has no objection to the withdrawal of the issued permit or license.  

·       If any of the heirs is under 18 years of age, a legal guardian should sign the letter on his or her behalf, and specify the relationship between the heir and the guardian. 

 


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Ministry of Economic Development, Boduthakurufaanu Magu, Male’ 20125, Republic of Maldives
Phone: +960 3323668, Fax: +960 3323840 Email: info@trade.gov.mv