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...

MMA publishes a regulation on fees & charges payable by financial institutions

Maldives Monetary Authority has published a regulation on fees & charges payable by financial institutions. This Regulation is issued pursuant to Section 37 and 38...

CTL Strategies LLP – Tax Advisory Services Specialists in the Maldives

CTL Strategies LLP is a firm specialised in providing tax and legal advisory services to businesses. CTL Strategies offers a comprehensive range of tax and legal advisory...

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....

MIRA to introduce Advance Pricing Agreements

The Maldives Inland Revenue Authority (MIRA) has announced that Advance Pricing Agreements (APAs) between taxpayers and MIRA will be introduced this year. This announcement...

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...

Over 3000 businesses registered for tax last year

Maldives Inland Revenue Authority (MIRA) has revealed that over 3000 new businesses had been registered just last year in the tax registry. The annual...

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...

LATEST ARTICLES

Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives

Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...

Gov’t Eyes Fast-Paced Rollout of 550 Development Projects

President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...

Bayfancy Residence: Smart Living with a Personal Touch

Start your day with the warmth of natural light filtering in as your bedroom adjusts to a comfortable 22°C, a thoughtful touch...

President Hails Rise in Dollar Remittances, Says USD 150M Sent to Banks Since January

President Dr Mohamed Muizzu has revealed that USD 150 million has been remitted to local banks since January under the new...

Last Chance to Tap and Win: Ooredoo’s Karaa Felhun Game Ends Soon with Grand...

Gaming fans across the Maldives are being reminded that time is nearly up to join Ooredoo Maldives’ popular Ramadan mobile game, Karaa...
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