Economic Ministry Winding Up over 6000 Companies
The Ministry of Economic Development has released a list of 6349 companies for winding up, for neglecting to pay the annual fees before the...
Ministry Seeks Participation in Restructured Minimum Wage Advisory Board
The Ministry of Higher Education, Labor and Skills Development in the Maldives has issued a call for civil society organizations to apply...
High Court Confirms TAT Ruling on Third Party Payments
The High Court of Maldives has upheld the Tax Appeal Tribunal's decision on a case which focused on the subjectivity of withholding tax on...
New ruling by MIRA changes complimentary services rule
The Maldives Inland Revenue Authority has published a Tax Ruling (Number TR-2017/G42) on 9 October 2017 which amends Section 54 of the Goods and...
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...
MED outsources Business Registration Services
The Ministry of Economic Development has partnered with 9 private sector parties, to outsource several services it offers to businesses; including registration of companies,...
Scheduled Times Announced for Delivery of Water and Gas
Transport Authority of Maldives has announced specified times during the day to deliver water, gas and other goods of the same type, effective from...
Scope of Witholding Tax on payments to Online Travel Agents widened
Maldives Inland Revenue Authority has issued a circular instructing the taxpayers to pay withholding tax on payments made to all online travel agencies (OTAs),...
LATEST ARTICLES
Maldives to Launch Annual Productivity Expo in 2025
President Dr Mohamed Muizzu announced on Monday that Maldives will host a national-scale expo to enhance the country's productivity and business portfolios....
New Reforms to Improve Maldives’ Financial Health: Finance Minister
Minister of Finance Dr Mohamed Shafeeq has announced that the government is set to introduce a series of reforms to improve the...
Kick-off Back to School with Dhiraagu Special Offer
Dhiraagu has announced an exciting ‘Back to School Offer’ aimed at new students and teachers. This initiative promises high-speed internet connectivity as...
TikTok Contest for MVR 3000 Ends Soon with Allied Insurance
Allied Insurance's TikTok competition is drawing to a close with four days left till the deadline, the company announces in a press...
World Bank Highlights Risks of Maldives’ Reliance on Central Bank
As reported by the World Bank, a significant portion of the state's budget deficit last year was covered by funds from the...
