Offshore Maldives

Opening an offshore company in the Maldives: what are the conditions for registering a company and how to do it quickly?

The islands of the Maldives do not belong to the usual offshore zones with the effect of IBC. Instead of traditional offshore Maldives, you can open a company that will perform offshore functions. The direction of the business may be different, since the islands themselves are attractive for business activities. Crystal TAX is ready to assist you in registering a company in the Maldives in compliance with all procedures and local laws.

What types of companies are available to organize Maldives offshore?

You can open an offshore in the Maldives by registering your company there. It may be registered to you or trusted persons. Since this is not just an offshore zone, the company will also need a director. Crystal TAX specialists will help with the selection of an executive director, as well as with the registration itself.

First, you should choose the form of organization. You can open an offshore Maldives in the following ways:

• AO (Public company);
• OOO (Private company).

The legislation of the republic allows only these two official legal forms of doing business. To open them, you will need a license permit, which is issued by the Ministry of Economic Development of the Republic of Maldives.

What are the conditions for opening an offshore in the Maldives?

If you are interested in the Maldives for doing business, you can open an offshore here under the following conditions:

1. The presence of authorized capital in the amount of 50,000 USD or more. It does not need to be deposited anywhere, but only placed on the company's bank account.
2. The minimum number of shareholders can be from 1 person. At the same time, there are no requirements for his personality in terms of residency. It can also be a legal entity.
3. Resident directors can be any number, or 1 person. Legal entities are also allowed.

The business conditions themselves are quite standard. For offshore Maldives, tax liabilities are established for profit volumes:

• 5% for companies whose income is generated outside the island;
• 15% profit for companies with an annual budget of $32,425 or less.

The taxation on dividends is also established in the republic, which is 10%.

In addition, there is a tax on goods and services, similar to VAT. It is 6%, and for travel services – 12%.

Registration procedure: how to quickly open an offshore company in the Maldives?

To open an offshore company in the Maldives, you need to choose a unique name, collect the required documents and submit them in the capital Male.

The package of documents must include:

• copies of the applicant's passport;
• completed form for acceptance into the register of the name;
• application for company registration;
• charter in two copies;
• two copies of the agreement;
• confirmation from the managing director;
• Receipt of payment of the registration fee.

The term for registering a company is 3-7 days, it also takes about 1-2 weeks to prepare all the documents. Our company provides a full range of legal support services, and implements everything as soon as possible in the preparation of documents.

Why is it profitable to buy an offshore company in the Maldives from Crystal TAX?

Our company offers the best conditions for its clients to ensure prompt and high-quality registration of offshore companies. Cooperation with Crystal TAX – this:

1. The opportunity to buy offshore in the Maldives at competitive prices.
2. Turnkey start-up solutions. Our specialists will perform all procedures, and you will not need to personally visit the island, all processes will be performed remotely.
3. High-quality support of all legal procedures, because we have competent specialists with experience and knowledge of the intricacies of the Maldivian laws.
4. Providing assistance not only in the registration of an offshore company, but also in its conduct on the island. We select trusted directors, develop concepts and everything necessary for your business to be legal, "alive" and did not cause trouble.
5. Complete confidentiality of your project, which we guarantee with a signed contract. All data will be saved, and obligations will be fulfilled in 100% volume.

We invite you to buy an offshore Maldives from us at affordable prices and on safe terms. 

You can get more detailed advice on the procedure for opening a company if you leave a request on our website. Crystal TAX staff will contact you, answer all your questions and find the best solutions for your situation.