Doing Business in the United Kingdom VS Maldives – A Comparison
Entrepreneurs often face a dilemma when deciding between the United Kingdom and Maldives as their preferred destination for business expansion. Both markets have compelling advantages, and choosing between them isn’t always straightforward. The United Kingdom is known for its competitive environment, strong legal framework, and ease of starting small businesses. Meanwhile, Maldives attracts attention with its unique location, growing tourism sector, and strategic potential for regional access.
Whether you’re aiming for global reach or a niche market, comparing these two countries side by side can help clarify your decision. This article breaks down key aspects that matter most to investors and founders looking to expand into new territories.
The United Kingdom: Offers strong political stability, a transparent legal framework, and consistent government support through business finance support schemes.
Maldives: While politically stable in recent years, Maldives still faces occasional institutional changes that may affect business continuity.
Taxation
The United Kingdom: Corporate tax is set at 25%, and there are incentives for R&D and small businesses. Capital gains tax varies based on asset type and income bracket.
Maldives: Corporate tax is 15%, with no capital gains tax. However, there are fewer structured tax incentives for investors.
Ease of Company Incorporation
The United Kingdom: Offers a fully digital company incorporation in the United Kingdom process, often completed within 24 hours. Regulatory procedures are clear and investor-friendly.
Maldives: Incorporation involves several manual steps and government approvals, which can extend processing times and add administrative complexity.
Cost of Living and Business Operations
The United Kingdom: While London is costly, smaller cities offer more affordable business setup options with access to skilled talent and infrastructure.
Maldives: Living costs and imported goods make operations expensive. Office space is limited and typically tailored to the tourism sector.
Access to Markets
The United Kingdom: Strong global connectivity, with trade agreements across Europe, Asia, and the Americas. It remains a hub for international business.
Maldives: Strategically placed in the Indian Ocean, but access to major global markets is limited and relies heavily on maritime and aviation logistics.
Quick Comparison Overview
Here’s a quick overview of the key differences for easy reference.
Factor
The United Kingdom
Maldives
Business Environment
Stable government, strong legal system, and government support programs
Stable but with institutional risks and limited policy transparency
High cost of living, limited commercial infrastructure
Market Access
Global trade hub with strong international links
Dependent on regional logistics; limited trade reach
Benefits of Choosing 3E Accounting
When it comes to starting a business in the United Kingdom, navigating the legal and administrative processes can be complex without the right support. That’s where 3E Accounting comes in. As a trusted partner for company incorporation, we provide tailored solutions for entrepreneurs and investors looking to establish a strong business presence. Whether you need help with company registration or expert guidance on setting up businesses in the UK, our experienced team ensures a smooth and efficient process.
The UK has a fully online process completed in one day. Malaysia’s system takes 1–3 days and involves both digital and manual steps. See this UK company registration guide for reference.
Yes. The UK government offers business finance support such as grants, loans, and tax incentives.
Abigail Yu
Author
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.