WHOLLY OWNED AND OPERATED BY LOCALS
Prerequisite Checklist
Operating Travel Agency included in the Memorandum of Association
All shareholders/Partners are Maldivian Citizens
Business name registered in the Maldives
Memorandum of the Company does not state foreigners to be the share holders of the company.
Completing submitting the forms
Copy of Registration, Articles and Memorandum of Association of Company
ID card copies of all shareholders and Directors
Official document confirming the Shareholders and Directors of the company if different from the registration documents
Partnership, copy of Registration and Partnership Agreement
ID card copies of all partners
Official document confirming the current partners if different form the Partnership Agreement
Business name registration from the Ministry of Economic Development (MED)
Original of previous license (applicable for renewal)
Processing & Payment Fees
No fees required
Once all the documents are complete and approved, MOT will call for an inspection to check the travel agency office.
After conducting an inspection of the office if the travel agency complies with the mandatory standards of the Ministry, then the license will be processed.
Collection of the Registration Certificate & Other Documents
The Ministry will call the operator to collect the license.
Check the license certificate for verification and if any problem is noticed, please consult a registration unit staff.
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