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

MIRA Launches Strategic Plan 2025-2028 with Focus on Digital Transformation and Efficiency

The Maldives Inland Revenue Authority (MIRA) has unveiled its Strategic Plan 2025-2028, setting out ambitious goals to enhance operational efficiency, stakeholder engagement, and...

Dhiraagu Launches Promotion Offering Weekly Smart TV Prizes for Internet Upgrades

Dhiraagu has launched an exciting promotion offering customers the chance to win a smart TV every week by upgrading to its Limitehneh...

Maldives Economy Records Mixed Growth in October 2024

The Maldivian economy demonstrated mixed results in October 2024, with signs of recovery in some sectors, while others experienced significant challenges, according...

The Maldives’ First Gated Community: A Glimpse into Aséria

The Maldives is entering a new era of residential living with the introduction of Aséria Homes and Townhouses. Situated at the northeastern...

New Foreign Currency Rules to Take Effect in January 2025

The Maldives' Foreign Currency Act, ratified on 14 December 2024, will come into force on 1 January 2025, introducing comprehensive measures to regulate...
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