info@kamakuasiagroup.com +960 789 09 09

Discover Maldives

Maldives At A Glance

12%

GDP growth rate projected for 2024

6.79%

Average GDP growth rate

$328 - $21,840

Increase in GDP per capita between 1980-2024

525,993

Mid year population 2023

USD 1 = MVR 15.42

Exchange rate +/- 20%

895,000 sq km

EEZ (1192 islands, 20 atolls, 198 inhabited islands, 176 tourist resorts)

90,000 sq km

Total area

USD 5.151 mn

Total imports as of Jan 2025

USD 144 mn

Total exports as of Jan 2025

$825.57 million

Gross international reserves as at Feb 2025

2.05 mn

Total tourist arrivals as at Dec 2024

The Exceptional Economic Zones structure gives extraordinary financial motivations and presents an adaptable administrative climate for super ventures of key importance to the country. The system gives solid security to engineers as well as financial backers in.

Motivations for engineers and financial backers are either ensured by regulation, or open for discussion during the most common way of conceding the grant to the expert designer.

INCENTIVES GUARANTEED BY LAW

For the first decade of operation exemption from:
  • Import obligations for materials imported for improvement, the executives and activity of the zone
  • Business Profit Tax (BPT)
  • Goods and Sales Tax (GST)
  • Extra duty to help and tax breaks under unambiguous guidelines

INCENTIVES UPON NEGOTIATION INCLUDE:

  • BPT and GST exemptions beyond the first ten years
  • Exemption from taxes in the sale and purchase of land

Arrangements are additionally remembered for the law for SEZ residency and responsibility for the land

Foreign direct investment is the fundamental force driving my Government's economic agenda. The Government of Maldives is committed to provide the optimum policy and statutory environment for doing business in the Maldives.

shape

STRATEGIC LOCATION

The Maldives is at a vital topographical area in the core of the Indian Sea and at the junction between the East and the West. Maldives can possibly turn into where East meets West, by associating with the Indian sea transport courses and gaining by the developing parcel traffic. Maldives approaches north of 30 significant urban areas of the world in somewhere around 5 hours of flight time

Doing Business In Maldives

The Doing Business guide aims to provide an introductory overview of the business environment of Maldives and help the investors get their businesses started. The guide provides the reader with an overview of the legal and regulatory matters relating to matters relating to doing business in the Maldives.

Download

Invest Maldives

The Invest Maldives Magazine covers a variety of projects across sectors such as renewable energy, waste and water management, finance and real­estate. The government is also seeking solutions for transportation services within the atolls of the country through possible partnership options with private investors. With information on these projects and the project developers, this magazine is the most up­to­date resource on the current investment opportunities available in the Maldives

Download

Doing Business In Maldives

The Doing Business guide, 中国 Chinese Version

Download