FAQ: Investment Process
Q1: What are the primary steps for starting an investment in the Maldives? A1: The investment process in the Maldives typically involves identifying a potential project or sector, conducting a feasibility study, applying for necessary approvals and permits, and registering the investment project with the Maldives Investment Agency. Detailed guidance and assistance are provided by the Agency throughout the process.
Q2: How do I register my investment with the Maldives Investment Agency? A2: You can register your investment by submitting the required documents, including a business plan, company registration details, and evidence of financial capability, to the Maldives Investment Agency. The Agency reviews the application and guides investors through the registration process.
Q3: Are there specific sectors where foreign investment is encouraged in the Maldives? A3: Yes, the Maldives encourages foreign investment in several key sectors, including tourism, renewable energy, fisheries, agriculture, real estate and infrastructure, banking and finance, transport and logistics, health and wellness, skills development, and information & communication technology.
Q4: What investment windows are available for foreign investors in the Maldives? A4: The Maldives offers various investment windows, including Standard Foreign Direct Investment (FDI) routes, Special Economic Zones, and other tailored investment programs designed to facilitate and encourage foreign investment in specific sectors.
Q5: Can Invest Maldives assist me with the investment process? A5: Yes, Invest Maldives operates as a one-stop shop for investors, providing services that include investment promotion, facilitation, registration, and post-registration support. They assist investors in navigating legal requirements, acquiring necessary permits, and ensuring successful establishment and operation of their investment in the Maldives.
Q6: What incentives are available for investors in the Maldives? A6: The Maldives offers a range of incentives for investors, including tax holidays, import duty exemptions, and the possibility of 100% foreign ownership in certain sectors. Specific incentives may vary based on the sector and nature of the investment.
Q7: How long does it take to complete the investment registration process in the Maldives? A7: The duration of the investment registration process can vary depending on the complexity and size of the investment. However, Invest Maldives aims to streamline and expedite the process through well-defined procedures and guidelines.
Q8: Is there a minimum investment requirement for foreign investors in the Maldives? A8: While there may be specific requirements for certain sectors or investment schemes, the Maldives generally encourages investments of all sizes. Potential investors should consult with Invest Maldives for detailed information regarding minimum investment thresholds.