Service: |
Permit for operating Pharmacies |
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Why do I need to do this? |
Permit for operating Pharmacies need to be obtained from MED. |
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Where can I apply for the service? |
You may apply online or in person at MED
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How long will the process take? |
Within the same day of application |
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What are the fees and charges involved? |
Fees: • If the Pharmacy is located in an island with a population more than 10,000, the fee per month is MVR 200. If the business is located in an island with a population less than 10,000, the fee per month is MVR 50. Businesses located at places outside of inhabited islands, the fee per month is MVR 200. • Revenue Stamp: MRF 10/- (cheques are acceptable only with bank guarantee) |
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Which documents do I need to submit? |
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How do I apply for the service? |
Day 1: 1. Lodge application and documents at counter. 2. Receive the Invoice 3. Make the payment |
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What would I receive at the end of the process? |
• Permit • Payment Slip |
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Did you know: |
• The company’s objectives should include selling or trade of imported goods. If this isn’t included permit for operating pharmacies will not be issued. • If the company’s shareholders comprise of any foreign individual/company, the permit will not be issued. • Fees Payment has to be made the same day or else the form and invoice will be cancelled. • At least one month fee should be paid. If the customer wants to pay for more than one month, the invoice will be made as per their request.
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References: |
• Import, Export and Re-export Regulation • Companies Act of the Maldives • Companies Regulation • Regulation on approval and registration of business names • Revenue Stamp Law • SOP Business name approval |