MIRA Calls Upon Taxpayers That Do Not Meet Registration Requirements to Deregister
The MIRA has issued announcements requesting taxpayers who do not fulfil tax registration requirements under the Tax Administration Act, or GST registration requirements to deregister from tax.
The announcement, issued on 16 January 2019, reminds…
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…
Public Health Emergency Bill 2020 Submitted to Parliament
The Public Health Emergency Bill 2020 submitted by the government broadly aims to ensure housing protections, rights of employees, and address financial assistance and tax reliefs to counteract the impact of the #COVID19 pandemic.
Webinar on Tenancy Bill
The webinar is targeted at tenants, landlords, property developers and managers. The duration of the webinar is expected to be 45 minutes. It will take place on 4 June 2020 at 9:00 pm.
Tourism Land Rent for the Next two Quarters to be Deferred
On 20 May 2020, President Ibrahim Mohamed Solih, during a public address, announced the government's intention to defer land lease payments for tourist resorts for a six month period.
COVID-19 and Voluntary Liquidation
COVID-19 pandemic may force some companies to file for liquidation. This article summarises the procedures to be followed in such a voluntary liquidation.
COVID-19: Tax Considerations for Individuals & Businesses
As the COVID-19 pandemic continues, businesses and individuals will inevitably undergo its unprecedented impacts. With this in perspective, this post will present to you the tax concessions and options that are currently available to taxpayers in the Maldives.
COVID-19: Rights and Obligations of Healthcare Professionals in a Pandemic
Considering the impact of this COVID-19 Pandemic globally, and the possible strains it could have on the health care system of Maldives, this post looks at rights and responsibilities of healthcare workers.