Discover Maldives

Maldives At A Glance

12%

GDP growth rate projected for 2022

6.79%

Average GDP growth rate

$328 - $8,995

Increase in GDP per capita between 1980-2022

562,048

Mid year population 2021

USD 1 = MVR 15.42

Exchange rate +/- 20%

895,000 sq km

EEZ (1192 islands, 20 atolls, 198 inhabited islands, 169 tourist resorts)

90,000 sq km

Total area

USD 1.706.9 mn

Total imports as of june 2022

USD 204.1 mn

Total exports as of june 2022

$750 million

Gross international reserves as at June 2021

1.28 mn

Total tourist arrivals in 2021

The Exceptional Economic Zones structure gives extraordinary financial motivations and presents an adaptable administrative climate for super ventures of key importance to the country. The system gives solid security to engineers as well as financial backers in.

Motivations for engineers and financial backers are either ensured by regulation, or open for discussion during the most common way of conceding the grant to the expert designer.

INCENTIVES GUARANTEED BY LAW

For the first decade of operation exemption from:
  • Import obligations for materials imported for improvement, the executives and activity of the zone
  • Business Profit Tax (BPT)
  • Goods and Sales Tax (GST)
  • Extra duty to help and tax breaks under unambiguous guidelines

INCENTIVES UPON NEGOTIATION INCLUDE:

  • BPT and GST exemptions beyond the first ten years
  • Exemption from taxes in the sale and purchase of land

Arrangements are additionally remembered for the law for SEZ residency and responsibility for the land

Foreign direct investment is the fundamental force driving my Government's economic agenda. The Government of Maldives is committed to provide the optimum policy and statutory environment for doing business in the Maldives.

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STABLE ECONOMIC GROWTH

With a consistent development rate averaging 7% each year throughout recent years, the nation keeps on creating at a consistent speed and remains financially versatile.

Maldives is resolved to additionally broadening its economy by working with interest in designated areas.

SOPHISTICATED COMMUNICATION NETWORKS

The Maldives is covered with a high level media communications and ICT framework which guarantees continuous network consistently for organizations

  • Rapidly expanding mobile broadband capability, with 3G+ to be replaced with 5G + throughout the country and EASY ACCESS to be replaced with
EASY ACCESS

Maldives physical transportation infrastructure is designed for future economic diversification with the launch of Raajje Transport Link (RTL), ad visionary initiative started by the Government of the Maldives to construct a linked nation

Three commercial ports and a nationwide maritime public transportation network are part of the nation's expanding marine transportation infrastructure. The broad air transport network which incorporates 4 global air terminals and 8 territorial air terminals, gives simple admittance to the islands the nation over, and to the world with non-stop flight connects to every significant country. What's more, the Maldives has the biggest seaplane armada on the planet giving unhindered admittance to the extravagance resorts.

STRATEGIC LOCATION

The Maldives is at a vital topographical area in the core of the Indian Sea and at the junction between the East and the West. Maldives can possibly turn into where East meets West, by associating with the Indian sea transport courses and gaining by the developing parcel traffic. Maldives approaches north of 30 significant urban areas of the world in somewhere around 5 hours of flight time

Doing Business In Maldives

The Doing Business guide aims to provide an introductory overview of the business environment of Maldives and help the investors get their businesses started. The guide provides the reader with an overview of the legal and regulatory matters relating to matters relating to doing business in the Maldives.

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Invest Maldives

The Invest Maldives Magazine covers a variety of projects across sectors such as renewable energy, waste and water management, finance and real­estate. The government is also seeking solutions for transportation services within the atolls of the country through possible partnership options with private investors. With information on these projects and the project developers, this magazine is the most up­to­date resource on the current investment opportunities available in the Maldives

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Doing Business In Maldives

The Doing Business guide, 中国 Chinese Version

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