Ministry ofEconomic Development Republic of Maldives
- Trade Policy Formulation
Trade policy formulation is mandated to Ministry of Economic Development. The trade policy of the country is formulated, in coordination and consultation with the relevant Government Ministries and in compliance with international obligations, agreements, treaties and conventions that Maldives is signatory to.
- Labour and employment policy
- Transport policy
- Investment PromotionInvest Maldives is the government agency entrusted with promoting, regulating and licensing foreign investments in the country. It is the first port of call for all foreigners keen on investing in the Maldives.
- SME DevelopmentThe potential of the SME sector in creating a more resilient and diversified economy as well as creating more employment opportunities, particularly in the outer atolls is ever increasing. The Ministry envisages establishing the requisite institutional and organizational mechanisms to restructure and consolidate all SME Development activities in order to achieve economies of scale and efficiency of operations.
- IPRInvest Maldives is the government agency entrusted with promoting, regulating and licensing foreign investments in the country. It is the first port of call for all foreigners keen on investing in the Maldives.
- Consumer ProtectionsThe Consumer Protection Act enables the consumers to protect their basic rights in buying goods and services. It includes the right for basic product information such as price, product labeling, and terms and conditions in the sale of goods and services.
- StandardsStandards make products and services more reliable and it helps to improve the organizational performance and minimize the risks. As the National Standards Body we work towards formulating national standards and adopting international standards to facilitate industry needs.
- Business Incorporation
Registration of the 4 Primary Business forms
- Business Permits
Special permits to operate businesses under specific laws
- Business Licenses
Licenses given for export and import
- Other Services
Registration of logos, Trade Marks, Seals and other business identity components and operations services
- PublicationsPublications
- Laws and RegulationsLaws and Regulations
- Policy DocumentsPolicy Documents
- FormsForms
- Annual ReportsAnnual Reports
- Bilateral
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- Regional
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- Multilateral
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Enterprise Development
Investing in Enterprise Development is an effective way to generate
wealth, create jobs and improve social and economic conditions. Improving the
growth of Small Businesses by unlocking access to financial services, which can
empower individuals and business for making the economy stronger, reliable and
sustainable. Economic growth achieved through enterprise development is a key
component for meeting the economic vision of the Government of Maldives and in
order to address not only economic disparities, but also the rising youth
unemployment and associated issued, there must be an increase in support for micro
financing programmes for developing the SMEs in Maldives.
Ministry of Economic Development
- Boduthakurufaanu Magu, Male’ 20125
- Republic of Maldives
- Phone: +960 3323668
- Email: [email protected]
Business Services
- Boduthakurufaanu Magu, Male’ 20125
- Phone: 1691
- Email: [email protected]
- Website: business.egov.mv
Labor and Employment Servicess
- Boduthakurufaanu Magu, Male’ 20125
- Phone: 1485
- Email: [email protected]
- Website: employment.trade.gov.mv