Why do I need to do this? Follow this user guide if you need to register a general or limited liability partnership.
Where can I apply for the service? You can apply in person at
How long will the process take? Next working day (Day 2) from date of application (Day 1)

 

What are the fees and charges involved? • Registration fee: MVR 2,000

 

Which documents do I need to submit?
Document Check for:
1 Partnership registration application form •  All required fields filled correctly

•  All documents listed in the application form are submitted

•  Signature

2 Partnership name approval •  Original of the partnership name approval signed by the Ministry
3 Taxpayer registration form •  Completed and signed taxpayer registration form of MIRA
4 Partnership agreement The partnership agreement must state:

•  Name of the partnership

•  The registered, full address of the partnership

•  Type of partnership

•  Partnership period (if limited to a certain duration)

•  Objectives (whether they do not contravene the Islamic principles or this Act or any other laws of the Country)

•  Details of partners:

– For individuals (name, address, nationality, NIC number if Maldivian, or passport number if foreign national)

– For legal entities (registered name, address, country, registration number and address of correspondence)

•  Name of managing partner

•  Total capital and individual share capital of partners

•  Procedures for entering into partnership, exiting partnership and removal of partners

•  Compliance with Clause 9 of the Partnership Act

•  Other information stated in the regulations formulated under the Partnership Act

•  Details of two witnesses (name, signature, NIC no.)

5 Acceptance letter from Managing partner •  Signature of Managing Partner
6 National Identification Card copies •  Clear and complete NIC copies of all partners
7 Registration fee •  Registration fee as per Clause 13 of the Partnership Act.
How do I apply for the service? Day 1:

1.   Lodge application at counter.

2.   If any information is missing, provide the required information.

If application is in order, receive invoice slip for payment.

 

* If there are any issues in approving the registration, the Ministry will notify via phone and request for any amendments if applicable.

 

Day 2:

3.   Make payment.

4.   Receive the original of certificate, registration letter, endorsed partnership agreement and payment receipt.

What would I receive at the end of the process? •  Certificate

•  Registration letter

•  Endorsed partnership agreement

•  Copy of payment receipt

 

 

Did you know: • You need to get the name of the partnership approved by the Registrar of Companies prior to registration. <LINK: User guide for business name approval>

• Partnership to be registered must have not have more than 20 partners, who must all be above 18 years of age.

• If one or more shareholders are of foreign nationality, follow User guide for foreign investment registration

• Payment by cheque is acceptable only with bank guarantees.

References: • Partnership Act of the Maldives

• Foreign Investment Act

• User guide on foreign investment registration

• User guide on business name approval

 

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