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

Who Decides When AI Gets the Final Say? Balancing Humans and Agents in the...

As artificial intelligence continues its advance into the workplace, a pressing new question has emerged: how many decisions should we entrust to...

President Muizzu Meets Key Development Partners on Independence Day

President Dr Mohamed Muizzu held a series of high-level meetings on Saturday with senior officials from Japan, Kuwait, Saudi Arabia, and the...

Japan Pledges Grant for Disaster Resilience Project in Malé

Japan has pledged a grant of 1.55 billion Japanese Yen to support a new disaster resilience project in Malé, with the aim...

Velana International Airport Inaugurates New Terminal

The long-awaited new international terminal at Velana International Airport (VIA) was officially inaugurated on Saturday evening, marking a major milestone in the...

Bank of Maldives Introduces INR Accounts to Boost Cross-Border Transactions

Bank of Maldives (BML) has introduced Indian Rupee (INR) accounts for the first time in the country, in what it describes as...
- Advertisement -