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hire in the Maldives

Maldives EOR & PEO

SALARY PAYMENT IN Maldivian Rufiyaa (MVR)

CONTRACT LANGUAGES Dhivehi / English

PAYROLL TAX 7%

PAYROLL CYCLE Monthly

TIME TO HIRE 24 hours

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EOR in Maldives

Horizons ensures day-to-day guidance to help your business navigate Maldives labor laws and regulations.

As the Maldives Employer of Record, Horizons is responsible for employee income tax withholding, payment of payroll taxes to state authorities, and submission of tax returns to the Maldives Tax Office. 

Partnering with our Maldives EOR is the quickest and most cost-effective way to enter the Maldives market.

Note, a Maldives Employer of Record is also known as a Maldives Professional Employer Organization (PEO).

Facts & Stats

EOR Platform

Hire in Maldives, and pay employees through our platform or app.

EOR Cost

Our Maldives EOR solution is the most affordable on the market.

Time-to-hire

Fast onboarding in Maldives, hire in as little as 24 hours.

Contracts

We draft labor contracts compliant with Maldives labor law.

Local Benefits

We administer all mandatory benefits and contributions in Maldives.

180+ Countries

It doesn’t stop with Maldives — we are an international EOR

stay compliant with Maldives labor laws

Employment Laws

Maldives employment contracts

Employment contracts can technically be verbal or written in the Maldives, but we strongly recommend that you always use written employment contracts for your hires. These formal contracts should include details such as salary/wage, working hours and duties, and any other relevant information. They should be written in the local language of Dhivehi and use the Maldivian rufiyaa currency.

Fixed-term
Probationary period3 months (max.)
Termination notice period

2 weeks notice: 6 months – <1 year’s service

4 weeks notice: 1 – 5 years’ service

8 weeks notice: 5+ years’ service

Severance

3 months’ salary (standard)

Indefinite contracts
Probationary period3 months (max.)
Termination notice period

2 weeks notice: 6 months – <1 year’s service

4 weeks notice: 1 – 5 years’ service

8 weeks notice: 5+ years’ service

Severance

3 months’ salary (standard)

Working hours in Maldives

The typical working week in the Maldives is between 40 and 48 hours, spread across five days.

Hire compliantly in Maldives without a local entity.

Quick, compliant hiring in 24 hours—no subsidiary required.

National holidays in Maldives

Maldives has a range of national public holidays that are celebrated annually. In 2024 these holidays are:
Date Holiday name
1 Jan Monday New Year’s Day
10 Apr Thursday Eid al-Fitr (Tentative Date)
11 Apr Friday Eid al-Fitr Holiday (Tentative Date)
12 Apr to 23 Apr Eid al-Fitr Holiday (Tentative Date)
15 Jun Saturday Arafat (Hajj) Day (Tentative Date)
20 Jun Thursday Eid al-Adha (Feast of Sacrifice) (Tentative Date)
8 Jul Monday Al-Hijra (Islamic New Year) (Tentative Date)
26 Jul Monday Independence Day
5 Sep Thursday National Day
16 Sep Monday Mouloud (Tentative Date)
3 Nov Sunday Victory Day
11 Nov Monday Republic Day

Vacation in Maldives

Employees in the Maldives are generally entitled to 30 days of paid vacation leave each year.

Sick leave in Maldives

After two continuous days of absence through sickness, employees in the Maldives are entitled to sick leave compensation.

Maternity and paternity leave in Maldives

Female employees in the Maldives are entitled to 60 days of paid maternity leave.

Employee severance and terminations in Maldives

Employers in the Maldives must provide notice of termination in most cases. The mandatory minimum notice period varies depending on the employee’s length of service, but is generally between two weeks and two months. Severance payments are less common, but are often expected for senior-level employees.

Tax laws in Maldives

The personal income tax in the Maldives is progressive, ranging from 0% to 15% of income depending on income level.

The corporate tax rate in the Maldives is either 0% (for profits under 500,000 MVR per year) or 15% (for companies earning over 500,000 MVR per year). Some other companies, such as banks, may have different tax rates.

Health insurance in Maldives

Healthcare in the Maldives is state funded in many cases, but private medical insurance is still commonly used and may be expected by employees.

hassle-free Maldives compensation & benefits

Compensation & Benefits

Compensation laws in Maldives

The current (2024) minimum wage in the Maldives is set at 7,000 rufiyaas per month.

Benefit management in Maldives

Setting up your Maldivian benefits system as a foreign employer can be difficult. The laws are complicated, bureaucratic procedures can be slow, and legislation can change regularly, all of which can make it a very time-consuming process.

Outsourcing your benefit management process ensures that you fully understand and adhere to the rules, ensuring your compliance and speeding up the process significantly. At Horizons, our Maldives employment experts will help you to find and arrange your benefits, advise on your strategy, and ensure compliance with the law.

Hire in Maldives in 24h
without your own local entity.

With Horizons, you get quick service, transparent pricing, and expert support.

FAQs

Generally speaking, the terms “Maldives PEO” and “Maldives EOR” are used interchangeably.

An EOR in Maldives can feasibly hire both local and foreign nationals to work in Maldives.

However, the ability of Horizons to sponsor your foreign national employee in Maldives may be limited due to visa quotas practiced in many countries.

Contact us with your requirements and our Global Mobility team with review the case and get back to you within 2 business days.

In most cases, Horizons’ Maldives EOR can hire & onboard your employee within 24 hours. The actual start date of the employee will depend on their notice period obligation to their previous employer as well as any relevant hiring rules in Maldives.

It is possible to get a work visa in Maldives. Horizons’ Global Mobility team is a dedicated team of work visa experts. They assess the details of each case to determine feasibility and costs before Horizons applies for the work visa on behalf of your employee. If the Global Mobility team determines that your case is feasible, the process is smooth and transparent. Visa spots in Maldives are limited, however—get started today to secure your employees’ visa spot.

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