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Overview

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Identifiers

Collect two identifiers from each business customer in Maldives and submit them as strings on the application body. Tax ID: 7-digit Business Partner (BP) number; per-tax TIN appends revenue code + sequence (e.g. 1000001GST501). One BP per entity; separate TINs issued for GST, income tax, etc. Registration number: Unique numeric identifier assigned at incorporation; appears on Certificate of Registration and all Registrar filings.

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Sector regulators

MMA · CMDA · FIU Maldives · MIRA

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How documents combine

For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.

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Documents to collect

The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed. Not applicable in Maldives: Good Standing. Skip these areas — no local artifact exists.

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Collection notes

  • Legal Registration: Issued by the Registrar of Companies; conclusive evidence of current registration.
  • Constitutive Documents: Filed together at incorporation; Ministry publishes Model Articles for private companies.
  • Tax Registration: Issued by MIRA; 7-digit BP number covers all tax types (GST, income tax, BPT). Separate registration required per tax type.
  • Operating Permit: Issued by Ministry of Economic Development, Transport & Trade at national level; additional permits from island/atoll councils for outer-island operations.
  • Sector-Specific License: Collect for regulated-sector entities only. Islamic finance operators also require MMA Shariah Governance Framework compliance.
  • Ownership Records: Companies must maintain the Register of Members and notify the Registrar of ownership changes within 30 days.
  • Governance Records: Maintained by company and filed with Registrar; must include managing director (position cannot be vacant).
  • Signing Authority: Notarised by Maldivian notary or court; foreign POAs require MFA Maldives authentication and destination-country consular legalisation. Maldives is not a Hague Apostille party.
  • Address: Conduit universal policy: lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.

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Person roles

When you submit a person on the application body, set their role to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.

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Additional fields

Country-specific fields you’ll need to collect during onboarding, beyond the document uploads.

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Notes

  • Maldives is NOT a Hague Apostille party (confirmed HCCH Status Table, 2026-05-06; 129 contracting parties; Maldives absent). Foreign POAs require full consular legalisation: home-country notarisation → MFA Maldives attestation → destination-country consular legalisation.
  • Companies Act 2023 (Law No. 07/2023) replaced the 1996 Act effective 2024-01-01. All non-compliant Articles of Association required updating by 31 December 2024. Prior-law entity extracts may reference the old Act; verify documents post-date 2024-01-01 or are accompanied by updated filings.
  • Director nationality restriction: Non-FIC private companies must have an all-Maldivian board. Foreign-owned entities must register as a Foreign Investment Company (FIC) to appoint foreign directors; verify FIC status before collecting director documents.
  • Partnerships are governed by the Partnership Act (Law No. 13/2011) — not the Companies Act. Entity type confirmation is essential before applying Companies Act documentation requirements; partnership documents derive from a separate statutory regime.