Ministry of Economic Development

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 Promotion
Invest 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 Development
The 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.
IPR
Invest 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 Protections
The 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.
Standards
Standards 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.

Publications
Publications
Laws and Regulations
Laws and Regulations
Policy Documents
Policy Documents
Forms
Forms
Annual Reports
Annual Reports

Registration and operations services

Partnerships Registration Logo Registration Seal Registration Shipping Mark Registration Small and Medium Enterprises (SMEs) Registration Sole Proprietorships Registration Trade Marks Registration Copyrights Registration Re-Export Registration Registration of Companies

Service:

Registration of partnerships

Why do I need to do this?

Follow this user guide if you need to register a general or limited liability partnership.

Where can I apply for the service?

You can apply in person at MED

How long will the process take?

Next working day (Day 2) from date of application (Day 1)

What are the fees and charges involved?

° Registration fee: MVR 2,000

Which documents do I need to submit?

	Document	Check for:
1	Business Registration Form Download Form	° All required fields filled correctly ° All documents listed in the application form are submitted ° Signature
2	Partnership name approval Name Search & Reservation Application - G001 Business Name Registration Form - G002	° Original of the partnership name approval signed by the Ministry

4	Partnership agreement	The partnership agreement must state: ° Name of the partnership ° The registered, full address of the partnership ° Type of partnership ° Partnership period (if limited to a certain duration) ° Objectives (whether they do not contravene the Islamic principles or this Act or any other laws of the Country) ° Details of partners: - For individuals (name, address, nationality, NIC number if Maldivian, or passport number if foreign national) - For legal entities (registered name, address, country, registration number and address of correspondence) ° Name of managing partner ° Total capital and individual share capital of partners ° Procedures for entering into partnership, exiting partnership and removal of partners ° Compliance with Clause 9 of the Partnership Act ° Other information stated in the regulations formulated under the Partnership Act ° Details of two witnesses (name, signature, NIC no.)
5	Acceptance letter from Managing partner	° Signature of Managing Partner
6	National Identification Card copies	° Clear and complete NIC copies of all partners
7	Registration fee	° Registration fee as per Clause 13 of the Partnership Act.

How do I apply for the service?

Day 1:

1. Lodge application at counter.

2. If any information is missing, provide the required information.

If application is in order, receive invoice slip for payment.

* If there are any issues in approving the registration, the Ministry will notify via phone and request for any amendments if applicable.

Day 2:

3. Make payment.

4. Receive the original of certificate, registration letter, endorsed partnership agreement and payment receipt.

What would I receive at the end of the process?

° Certificate

° Registration letter

° Endorsed partnership agreement

° Copy of payment receipt

° Payment by cheque is acceptable only with bank guarantees.

° Foreign Investment Act

° User guide on foreign investment registration

° User guide on business name approval

Ministry ofEconomic Development Republic of Maldives

Registration and operations services

Ministry of Economic Development

Business Services

Labor and Employment Servicess