Regulatory Framework
Special Economic Zones (SEZ) Act (24/2014) provides the regulatory framework for designation, creation, and management of free zones in the Maldives to foster economic growth and attract investments.
To bring in fundamental economic change for a prosperous future, the SEZ Act provides a variety of incentives to the investors covering benefits including, but not limited to tax exemptions, tax relief, import duty exemptions and extended land lease amongst others.
The Regulatory Framework for the SEZ is well-defined and is in line with international best practices, ensuring the provision of a transparent and conducive environment.
The following are links to SEZ Act and the relevant regulations thereunder.
| Regulation | Download PDF | |
|---|---|---|
| The Special Economic Zones Act | English | Dhivehi |
| Regulation for Non-Bank Financial Businesses Operating in the Special Economic Zones | English | Dhivehi |
| Regulation for Offshore Banks Operating in the Special Economic Zones | English | Dhivehi |
| First amendment to the Special Economic Zones Act | Dhivehi | |