In short
Pension registration in the Maldives means registering your business as an employer with the Maldives Pension Administration Office and enrolling local employees in the Maldives Retirement Pension Scheme. DBS Maldives registers you on the Koshaaru portal, enrols your staff and sets up the monthly routine.
What is employer pension registration in the Maldives?
Pension registration in the Maldives is how an employer joins the Maldives Retirement Pension Scheme (MRPS). Under the Pension Act, all public and private employers must register with the Pension Office, enrol their local employees and pay monthly contributions on their behalf.
The scheme is run by the Maldives Pension Administration Office (MPAO), an independent statutory body. Employers register and enrol staff online through the Pension Office's Koshaaru portal. The employer is responsible for the administrative work of enrolment and contributions.
Contribution rates and payment deadlines are set by the Pension Office, so we confirm the current requirements when we set you up.
How DBS Maldives helps
- We register your business as an employer on Koshaaru and check the details match your registry record.
- We enrol each eligible employee and confirm the submissions are accepted.
- We set up a monthly contribution routine that fits your payroll management.
- We add new joiners and record leavers so the employer account stays accurate.
- If a bank, tender or government office asks for proof of pension registration, we help you request it from the Pension Office.
- For ongoing support, pension administration can sit within our HR outsourcing service.
How to register as an employer with the Pension Office
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Check your obligations
We review your workforce and confirm which employees must be enrolled in MRPS.
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Register on Koshaaru
We prepare the employer registration on the Pension Office's Koshaaru portal using your business details.
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Enrol employees
Each employee is entered through the portal's employment function and is enrolled once the submission is accepted.
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Set up contributions
We align payroll so contributions are calculated and paid on time each month under the current rules.
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Keep records current
We update the account when staff join or leave, or when your business details change.
What do I need for pension registration?
- Your business registration details
- Contact details for the person managing pension matters
- A list of current employees with their identity details
- Each employee's start date and pensionable wage
- Your payroll schedule
- Login access for the person who will use Koshaaru
Common mistakes to avoid
- Registering late. Register as soon as you take on local staff, not when someone asks for proof.
- Enrolling some staff but not all. Every local employee covered by the scheme must be enrolled.
- Forgetting leavers. An outdated employee list causes contribution errors.
- Using an old contribution rate. Confirm the current rules with the Pension Office.
Need your pension set up properly? Get in touch and we will take it from there.
Frequently asked questions
Do employers in the Maldives have to register for pension?
Yes. Under the Pension Act, all public and private employers must register with the Pension Office, enrol their local employees in the Maldives Retirement Pension Scheme and make monthly contributions on their behalf. We handle the registration and enrolment for you.
What is the pension portal for employers in the Maldives?
Employers use Koshaaru, the online portal of the Maldives Pension Administration Office. It is used to register as an employer, enrol employees through its employment function and manage the employer account. We can set it up and run it for you.
How do I get a pension registration certificate in the Maldives?
Proof of pension registration comes from the Pension Office once your business is registered as an employer. If a bank, tender or government office asks for it, we make sure your registration is complete and help you request the document.
Who runs the pension scheme in the Maldives?
The Maldives Pension Administration Office, an independent statutory body, manages the Maldives Pension System, including the Maldives Retirement Pension Scheme. The system was introduced under the Pension Act. Employers deal with the Pension Office for registration, enrolment and contributions.
Does DBS Maldives calculate pension contributions?
Yes, as part of payroll management. We confirm the current contribution rules with the Pension Office and build them into your payroll, so contributions are worked out the same way every month. Paying them remains the employer's responsibility.
Last reviewed 6 October 2026. Requirements change; we confirm the current rules with you before any application.