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Employer of record in Maldives

21 sourced figures on hiring in Maldives, drawn from 4 sources and normalized for comparison: statutory rules, employer cost and exactly what an EOR covers locally. Every figure is dated.

ISO MVRegion AsiaCurrency MVRLanguages MaldivianVerified 2026-10-16

Hiring here: straightforward, inexpensive to employ, and fast to hire via EOR.

cost of employment
LOW
7% employer social security, 15% corporate tax
ease of exit
EASY
None severance, 7.2 weeks notice
speed to hire
DAYS
12 EOR providers, from $179/mo
Employer burden rank
statutory employer burden: cost, severance, notice
#143 of 192
Each band is derived from the 21 sourced fields below and recomputed on every refresh. See the methodology.
Statutory snapshot

Employer of record in Maldives: the statutory snapshot

The headline employer costs, pay floor and worker protections for hiring in Maldives through an employer of record, each figure sourced and dated. 12 EOR providers cover Maldives.

Minimum wageMVR 5,700/moILOSTAT, 2022-01-01
Employer social security7%National government, 2009-05-13
Corporate tax15%National government, 2026-09-12
Notice period7.2 weeksNational government, 2026-09-12
SeveranceNoneWorld Bank Employing Workers / B-READY, 2019-05-01
Annual leave (minimum, once eligible)22National government, 2026-09-12
Public holidays10National government, 2026-09-12
Maternity leave8.6 weeksNational government, 2026-09-12

As of 2026-10-16. Each value is the winning figure from primary and harmonized sources, resolved by a documented priority chain. Full record with provenance below.

Where to start

Three ways to hire in Maldives

Own entity

You are the employer. Lowest per head cost at scale, months to establish.

Best for large, permanent headcount.
EORfastest

You direct the work, the provider's local entity is the employer on paper. Compliant in days.

See the 12 providers below ↓
Best for 1 to 50 hires, for speed, or to test a market.
Contractor

Not your employee. Fastest and cheapest, with misclassification exposure.

Best for genuinely independent, short term work.
Compare entity setup cost against EOR fees for Maldives →

The full record

Every figure behind the snapshot

Not a guide, a record: 21 figures for Maldives from 4 sources, last refreshed 2026-10-16. Each value carries its source and the date it was pulled. Hover any provenance tag for the full chain.

employment & pay4 fields
Minimum wage
MVR 5,700/mo
ILOSTAT · 2022-01
Average monthly wage
MVR 11,551/mo
ILOSTAT · 2019-01
Statutory weekly hours
48 hrs/wk
National government · 2026-09
Actual weekly hours
48 hrs/wk
ILOSTAT · 2019-01
cost & taxes4 fields
Employer social security
7%
National government · 2009-05
Corporate tax
15%
National government · 2026-09
Top income tax rate
15%
National government · 2026-09
VAT / GST
8%
National government · 2025-07
termination2 fields
Severance
None
World Bank Employing Workers / B-READY · 2019-05
Notice period
7.2 weeks
National government · 2026-09
leave5 fields
Maternity leave
8.6 weeks
National government · 2026-09
Paternity leave
0.4 weeks
National government · 2026-09
Parental leave
52 weeks
National government · 2026-09
Annual leave (minimum, once eligible)
22
National government · 2026-09
Public holidays
10
National government · 2026-09
labour market6 fields
Unemployment
4.51%
World Bank Open Data · 2025-01
Inflation
4.01%
World Bank Open Data · 2025-01
GDP per capita
$14,615
World Bank Open Data · 2025-01
GNI per capita
$12,950
World Bank Open Data · 2025-01
Labour force
272,320 people
World Bank Open Data · 2025-01
Retirement age
65 yrs
National government · 2026-09
Salary by occupation

Average monthly earnings in Maldives by occupation (2019)

Gross monthly earnings of employees per ISCO-08 major occupation group, in MVR — the official ILOSTAT survey figures, not estimates. Use them to sanity-check an offer before an EOR quote turns it into total employer cost.

Occupation groupMonthly (MVR)≈ USD
All occupations11,551$751
Managers · ISCO 119,873$1,292
Professionals · ISCO 214,526$944
Technicians and associate professionals · ISCO 313,079$850
Clerical support workers · ISCO 49,424$613
Service and sales workers · ISCO 58,535$555
Skilled agricultural, forestry and fishery workers · ISCO 69,696$630
Craft and related trades workers · ISCO 710,405$676
Plant and machine operators and assemblers · ISCO 89,709$631
Elementary occupations · ISCO 96,869$447

Source: ILOSTAT (EAR_EMTA, employees, both sexes), reference year 2019. Survey earnings differ from statutory minimums above.

// recent updates

What changed in Maldives

Checked against official sources on 16 October 2026

No rule changes recorded since we began logging them.

Every figure is sourced and dated. How we verify the data →

The differentiator

What an EOR handles in Maldives

An EOR removes the entity and the payroll machinery. It does not remove your obligations as the people manager.

obligationeor coverswhat that means for you
Legal employer of record● fullThe EOR's local entity is the employer on paper. No entity setup required.
Payroll, tax & social security● fullGross-to-net, statutory withholding and employer contributions remitted locally. Employer social security here is 7%.
Compliant local contract● fullDrafted to local labour law and language requirements. Here statutory notice is 7.2 weeks and the wage floor is MVR 5,700/mo.
Statutory leave & public holidays● fullAccrual, tracking and payment run through the local payroll the EOR operates. 22 annual leave, 10 public holidays and 8.6 weeks maternity leave.
Statutory severance on exit● partialThe EOR computes and processes it, but the cost is billed to you (often pre-funded). There is no statutory severance here.
Termination decision & risk● partialThe EOR runs the legal process; the business reason, timing and exposure stay yours.
Work permits / visas (foreigners)● partialSome providers sponsor, many don't. Confirm per provider in the table below.
Performance management● noneDay-to-day direction, reviews and PIPs are entirely on your side.
Equity / ESOP administration● noneCross-border equity handling sits outside standard EOR scope.

Provider × country

Who can employ in Maldives

12 providers operate an EOR in Maldives, ranked by Select Score.

providerfrom / moselect score
Multiplier logoMultiplierSELECT PICK$459/mo · Core · billed annually80
Payoneer Workforce Management logoPayoneer Workforce Management$199/mo79
RemoFirst logoRemoFirst$199/mo78
Remote logoRemote$699/mo76
Globalization Partners logoGlobalization Partners$599/mo75
Rivermate logoRivermate$319/mo72
Borderless AI logoBorderless AI$579/mo71
Hire with Columbus logoHire with Columbus$179/mo70
Show all 12 providers ↓
Teamed logoTeamed$599/mo66
12 providers operate an EOR in Maldives, ranked by Select Score. Price is each provider’s lowest published EOR rate (global, not country-specific).
Scored by the EOR Select rating systemSee the methodology →Built and maintained by Robbin SchuchmannUpdated 2026-10-16

Comparing EOR options for Maldives?

Run a side-by-side on the providers that actually operate there.

Open the matrix →