Subject Heading
Logo
 
welcome message 
country profile 
general infomation
economic profile
economic policies
business environment 
 
foreign investment
talk to us
useful contacts
imports and exports
 
The Companies Act of Republic Of Maldives 
Law No: 10/96  (An Unofficial Translation) 

SCHEDULE 

1. The company registration fee stated in section 7 of this Act shall be paid in the following manner: 

 (a) If the authorised capital of the company is MRf. 10,000/- or less than MRf. 10,000/- the fee shall be MRf. 1,000/-. 

 (b) If the authorised capital of the company is more than MRf. 10,000/- then in addition to the MRf. 1,000/- stated in subsection (a) above a fee calculated on the following basis on the authorised capital of the company shall be paid. 

  1. For every MRf. 4,000/- or part thereof of the authorised capital between MRf. 10,000/- and MRf. 500,000/- a fee of MRf. 10/- shall be paid. 

  2. For every MRf. 4,000/- or part thereof of the authorised capital between MRf. 500,000/- and MRf. 4,000,000/- a fee of MRf. 4/- shall be paid. 

  3. For every MRf. 4,000/- or part thereof of the authorised capital between MRf. 4,000,000/- and MRf. 8,000,000/- a fee of MRf. 2/- shall be paid. 

  4. For every MRf. 4,000/- or part thereof of the authorised capital above MRf. 8,000,000/- a fee of MRf. 1/- shall be paid. 

2. The annual company fee state in section 7 of the Act shall be paid in the following manner: 

 (a) Public companies shall pay MRf. 10,000/- before the end of March every year. 
 (b) Private companies shall pay MRf. 2,000/- before the end of March every year. 

Back to "Company Act" Contents


Top of Page | Write Us | FISB Home 
Copyright © 1998 FISB, Foreign Investment Services Bureau, All rights reserved. 
Designed & Produced by  Creative Graphic Communications.