Doing Business in the Maldives

The fortunes of the Maldives – a country strategically situated in the middle of the Indian Ocean along key east-west trade routes – have always been closely intertwined with international commerce. The first documented contact between the Maldives and the outside world occurred in the mid-10th Century when Arab and Persian traders began visiting the islands, attracted by the abundance of pearls, spices, coconuts, dried fish and, in particular, cowry shells (which were accepted currency from Africa to China until the sixteenth Century).

In modern times, trade has lost none of its importance to the Maldives. The country continues to be an important port-of-call for ships transporting goods between Europe, the Middle East and the Far East, and commerce continues to drive the economy, with tourism (the tourism sector consistently contributes over 33% of national GDP) and trade in marine products (the fisheries sector is the largest export sector in the Maldives and the biggest single source of employment) leading the way.

As part of strengthening relations and commercial links between the Maldives and Belgium and the EU, the Maldives Mission plays an important role in promoting trade. Please see the Maldives-EU Relations page for more information on these trade links

Businesses and investors in Europe who are considering investing in the Maldives are welcome to contact the Mission to seek information on areas of trade cooperation or commercial contacts in the Maldives. If you have any enquiry about doing business in the Maldives, please contact us.

The Maldives' dispersed and fragmented population of about 370,000 people living across 200 inhabited islands, makes the Maldives' development problems unique.

The Maldives’ liberal trade environment, dynamic private sector, and development-oriented legal structure all contribute to a climate conducive to trade and investment.

Ministry of Economic Development

Find out more about regulations and procedures concerning investment in the Maldives

Maldives Monetary Authority

Visit the Maldives Monetary Authority to find up-to-date statistics and research on the Maldivian economy.

Invest Maldives

Visit Invest Maldives to find out the latest investment opportunities in the Maldives.

Invest Tourism Maldives

Visit Invest Tourism Maldives to find out the latest investment opportunities in the tourism sector.

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