Maldives flag Maldives: Business Environment

Business Practices in the Maldives

Opening hours and bank holidays

General Information
Opening Hours and Days
The public offices working week starts on Sundays and ends on Thursdays, offices are generally open from 8 am until 2 pm.
Most banks are open from 8.30 am to 2.30 pm.
Most of the stores are open to customers daily, from 9 am to 7 pm, while the opening is in the afternoon on Fridays.
 
 
 

Public Holidays

New Year's Day 1st January
Ramadan (Eid and Hajj) variable
Labor Day 1st May
Independence Day 26th July
National Day 27th September
Prophet Mohamed’s (SAW) Birthday 8th October
The Day Maldives Embraced Islam 27th October
Victory Day 3rd November
Republic Day 11th November
 
Holiday Compensation
Overtime pay for Fridays or public holidays is set at 1.5 times an employee’s hourly salary rate.

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Latest Update: November 2023