Cash Declaration Limit Changed

The Maldives Monetary Authority, on 17 January 2019, published the first amendment to the Regulation on Cross Border Currency Declaration Amount. The changes introduced now require passengers travelling with USD 20,000 or more, and are travelling…

Tax Alert, 3 October 2016

This issue covers the following changes to tax laws: 1. Green Tax on guesthouses: Guesthouses to charge Green Tax from 1 October 2016. 2. Publication of Remittance Tax Regulation: Summary of the key aspects of the Remittance Tax Regulation.   Download…