Foreign
investors are offered a transparent policy environment.
The law on foreign investments (Law 25/79) guaranttees
the security of investments. In addition our liberal trade
environment, dynamic private sector and development-oriented
legal structure all contribute to a conducive climate
for trade and investment. The Maldives has a strong record
of political stability resulting from homogenous nature
of our society with one culture, one religion and one
language. Thus the ethnic and political unrest that can
disrupt economic activities elsewhere are non-existent
in the Maldives.
The country is an income tax and corporate tax haven.
The vast untapped potential in natural marine recources
and the young, energetic and trainable workforce are strong
inducements to invest in the Maldives, as has been proven
by many successful foreign investors.
The
number of foreign companies investing in the Maldives
has been increasing every year. Their services range
from management and accounting services, air transport,
resort management to manufacturing.
The Maldives will continue to attract and promote foreign
investment in to the country. There will be an emphasis
on promotion of investment activities that:-
Are Capital intensive
Enhance transfer of technology
Introduce new skills
Are Environmentally friendly
Investment
opportunities range from investment affiliated with
the tourism industry, such as development of air and
sea transport or direct investment in tourism itself
and marine based industries such as reef fish processing,
aquaculture/marine culture and production of value-added
fish and marine based products.
The
sectors where potential exists are:
Fisheries sector
Financial sector
Transport and other services sectors
Infrastructure development
The Foreign Investment Service Bureau of the Maldives
invites you to explore the tremendous potential in the
development of marine based industries, development
of infrastructure such as harbours, tourist resorts,
transport services and numerous other activities.
The
service sector in the Maldives could be further improved
and there is ample scope for foreigners in this sector.
Banking, accounting, management consultancy are some
of the areas where we could use foreign investment and
expertise.
Their is also scope for the development of residential
islands for foreigners and development of accomodation
on time sharing schemes. Interested parties may apply
to FISB and islands could be allocated for such developments.
There is also potential for development in aqua culture,
in particular seafood and fish farming and the cultivation
of seaweed, lobster, shrimp, reef fish and edible crabs.
Foreign
Investors may choose either of the following business
arrangements when investing in the Maldives:
Joint
ventures with local partners
Wholly owned foreign investments .
Maldive
Foreign Investments Documents
For
further details on investment opportunities in Maldives
contact
Ministry
of Trade & Industries
Ghazee Building,
Ameeru Ahmed Magu,
Male', 20-05,
Republic of Maldives,
Phone: +960 323668, +960 315593
Fax: +960 323840,
Email: contact@trademin.gov.mv
website: http://www.trademin.gov.mv
Foreign
Investment Service Bureau
Ministry of trade and industries,
Ghaazee building, Male’, Maldives.
Website: http://www.investmaldives.com
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