Summary Translation: Maldives Foreign Currency Act
Here is a summary translation of the essential provisions of the Foreign Currency Act in a simple and concise form to help the affected persons and entities understand the core elements of the law.
New Forex Bill in the Maldives: What Businesses Need to Know
The MMA announced a new Foreign Exchange Bill on November 26th, 2024, which aims to replace the existing Foreign Exchange Regulation that came into effect just last month, on October 1st, 2024. Here is a summary of this bill.
Step-by-Step Guide to Registering a Foreign Company in the Maldives
The Ministry of Economic Development and Trade, in accordance with the Maldives Companies Act (No. 07/2023), has formulated and gazetted the Regulations on Foreign Company Registration in the Maldives. Here's a breakdown of this regulation.