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
TEAM Criticises Currency Conversion Impact on Tourism Employees
The Tourism Employees Association of Maldives (TEAM) has voiced concerns over the impact of amendments to the Foreign Exchange Act, which has...
Shangri-La Resort Set to Reopen as Government Targets 2025 Solution
The government has made significant progress in its efforts to reopen the Shangri-La Resort and Spa in Addu City. Tourism Minister Ibrahim...
Uninhabited Islands Allocated to Councils for Economic Development
President Dr Mohamed Muizzu has approved the allocation of uninhabited islands to all local councils that submitted requests, marking a significant step...
President’s Digital Vision Faces Hurdles as Public Trust Wanes
President Dr Mohamed Muizzu’s ambition to fully digitalise the Maldives’ healthcare and education sectors has ignited debate over whether the country is...
Smuggling Scandal Sparks Parliamentary Scrutiny of Customs and Private Companies
The smuggling of 8,400 cartons of cigarettes into the Maldives last October has sparked fresh concerns over governance and corporate accountability, as...
