Maldives Business Registration
Resident Director Services in Maldives
In the Maldives, a resident director service refers to the
appointment of a local resident or professional service provider as a director
for a foreign company’s entity, such as a representative office or a private
limited company.
A resident director typically assumes the following duties:
- Local
Representation: Acting as a liaison between the foreign parent company
and local authorities, ensuring compliance with local laws.
- Board
Duties: Participating in board meetings, signing local documents, and
fulfilling director-related responsibilities as outlined in the company’s
Articles of Association.
- Compliance:
Ensuring that the company abides by Maldivian laws, including tax filings,
reporting, and other statutory obligations.
- Corporate
Governance: Supporting the company's governance structure and
maintaining legal standing in the Maldives.