Business Incorporation

Start your business on solid ground

Choosing the right structure and getting registration right the first time saves months of headaches later. We guide founders and SMEs through every step of setting up a business in the Maldives.

What's included

How we help

Structure advice

We explain the practical, tax and liability differences so you can choose with confidence.

  • Sole proprietorship vs partnership vs company
  • Ownership, shareholding & director setup
  • Foreign shareholders: see Foreign Investment Registration

Registration & documents

We prepare and file everything with the Ministry of Economic Development, Transport and Trade.

  • Business name reservation
  • Memorandum, articles & partnership agreements
  • Registration via the Business Portal

Tax registrations

Get registered with the Maldives Inland Revenue Authority (MIRA) as soon as you need to be.

  • Taxpayer Identification Number (TIN)
  • GST registration where required
  • Withholding tax & employer setup

Permits & ongoing compliance

We keep the paperwork alive after day one, so your registration never lapses.

  • Trade permits & licence coordination
  • Pension (MRPS) employer registration
  • Registration renewals & annual returns
Our process

What working with us looks like.

Clear steps, clear fees and a single point of contact from start to finish.

  1. Free consultation

    We listen first — your business, your goals and what's keeping you up at night.

  2. Clear proposal

    A written scope and a fixed, transparent fee. No surprises, no hidden extras.

  3. We do the work

    Filings, books and paperwork handled accurately, with you kept informed at every step.

  4. Ongoing partnership

    Deadlines tracked, questions answered and advice on call as your business grows.

FAQ

Business Incorporation: common questions

Which business structure is best for a small business in the Maldives?

It depends on your plans. A sole proprietorship is simple and inexpensive to run, a partnership suits two or more owners sharing a venture, and a private company offers limited liability and is better suited to raising capital or bringing in investors. We walk you through the trade-offs during a free consultation.

Do I need to register for GST as soon as I start?

Not always. GST registration depends on the nature of your business and your taxable turnover. Tourism businesses and businesses above the threshold must register. We assess your situation and register you at the right time so you stay compliant without unnecessary filings.

Can you help with registration renewals?

Yes. We track renewal dates for business registrations and permits and handle the renewal process for you so your business never operates on an expired registration.

Free consultation

Let's build something that lasts.

Book a free, no-obligation consultation. Tell us where your business is today and we'll show you how we can help.