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...
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PCB Appoints Directors to Support State-Backed Development Bank
The Privatisation and Corporatisation Board (PCB) has appointed four members to the Board of Directors of the newly established Development Bank of...
Sargsyan to Oversee IFC and MIGA Operations in Maldives as World Bank Group Consolidates...
Gevorg Sargsyan, who has been serving as the World Bank Country Manager for the Maldives since 2023, has now assumed an expanded...
Thilamalé Bridge Reaches Key Milestone with Piling Phase Finished
The Thilamalé Bridge project has passed a critical juncture with the completion of its piling works, marking significant progress in one of...
President Muizzu, Singapore Leaders Chart Future of Bilateral Ties
President Dr Mohamed Muizzu and First Lady Sajidha Mohamed were formally welcomed in Singapore yesterday, as part of the President’s ongoing state...
Architecture That Breathes: How Aséria Balances Climate and Comfort
Situated on the northeastern edge of Hulhumalé, Aséria is emerging as a true architectural marvel in the Maldives. With strong interest from...
