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…
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…
This publication gives an overview of the Pay As You Earn (PAYE) system under the Income Tax Act which imposes Employee Withholding Tax from 1 April 2020.
This Overview covers the key areas of the Tourism Land Rent Regulation which was published in the Government Gazette on 27 February 2022
This publication gives an overview of the First Amendment to the Income Tax Act of the Maldives
This publication gives an overview of the Second Amendment to the Income Tax Regulation.
This publication gives an overview of the 4th Amendment to the Tax Administration Regulation of the Maldives
This guide explains the rules regarding the collection, distribution and reporting of Service Charge as required by the Sixth Amendment to the Employment Act
This publication gives an overview of the imposition of Goods and Services Tax imposed under the GST Act.
This publication gives an overview of the 10th Amendment to the Tourism Act.
Our "Year in Review 2020" provides brief summaries of the key legal and tax developments through the year 2020, as the Maldives navigated its way through the COVID-19 pandemic. Some of the issues have also been addressed to in blog posts by our lawyers and tax advisors, and in a variety of our publications.