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…
Overview of Green Tax
This publication gives an overview of how Green Tax is imposed under the Maldives Tourism Act.
Second Amendment to the Immigration Act
On 25 November 2020, the Second Amendment to the Immigration Act, amending the requirements for issuing the corporate resident visa, is published.
Supreme Court Judgement: Maryam Rasheedha v Ahmed Nazim
An appeal concerning the validity of a lease contract in which the Supreme Court held that the contract cannot be void or deemed voidable on the grounds that it impedes the obligations of a father to provide shelter to the child.
Twenty Seventh Amendment to GST Regulation
Maldives Inland Revenue Authority (‘MIRA’) on 5 November 2020, published the Twenty Seventh Amendment to the Goods and Services Tax Regulation.