More than 23,000 Businesses Registered: Economic Ministry

So far 23,626 businesses in Maldives have registered with the Ministry of Economic Development, the Ministry has said. Speaking at a press briefing held at...

MIRA to collect Green Tax from Guesthouses starting 1st October 2016

Guesthouses will be charged Green Tax on tourists for each day of their stay starting from 1 October 2016, under the eighth amendment to...

Tax Ruling issued by MIRA on the GST treatment of imported goods

A Tax Ruling has been issued by the Maldives Inland Revenue Authority (MIRA) on 8 August 2016 clarifying the GST treatment of imported goods....

Changes in the Requirements of Directors Report by Economic Ministry

The Ministry of Economic Development on 5 June 2017 published a guideline that sets out the requisite information to be included in the Directors...

Collected revenue until end of May is MVR 1.14 billion

MIRA has collected MVR 1.14 billion as revenue in May 2016. This amount is 19.6% more than the amount collected in May 2015. Also...

Economic Ministry Winding Up over 6000 Companies

The Ministry of Economic Development has released a list of 6349 companies for winding up, for neglecting to pay the annual fees before the...

Scope of Witholding Tax on payments to Online Travel Agents widened

Maldives Inland Revenue Authority has issued a circular instructing the taxpayers to pay withholding tax on payments made to all online travel agencies (OTAs),...

Scheduled Times Announced for Delivery of Water and Gas

Transport Authority of Maldives has announced specified times during the day to deliver water, gas and other goods of the same type, effective from...

MED outsources Business Registration Services

The Ministry of Economic Development has partnered with 9 private sector parties, to outsource several services it offers to businesses; including registration of companies,...

CMDA Issues Custodian License to Bank of Mauritius

Capital Market Development Authority (CMDA) has issued a license to provide custodial services to Mauritius Commercial Bank Maldives Private Limited (MCB) today. The license was...
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13 Things You Should Give Up If You Want To Be Successful

Founder of Zero to Skill, Mr Zdravko Cvijetic believes that to become successful and be the person you can be, you need to give up...

SSS Insurance Services assigned as official motor insurance partner for Kulee Bike

Kulee Bike has signed a MoU with SSS Insurance Services as official motor insurance partners. The signing took place in a ceremony held at...

Sun Online signs as media partner for Maldives Living Expo 2018

Sun Online signs as the media partner for the 6th edition of Maldives Living Expo, which is organized by HighRise. Living Expo 2018 is to...