Malé · Republic of Maldives
Partner-led, start to finish.
Audit, tax, accounting and consulting for companies and individuals across the Maldives. The partner who scopes your engagement is the one who signs it off.
Licensed by the Institute of Chartered Accountants of Maldives to perform statutory audits.
The firm
The same people from scoping to sign-off.
CST Advisory LLP provides audit, tax, accounting and consulting services to companies and individuals across the Maldives. The work is done by qualified professionals and led by a partner.
We say what we found, what it means, and what needs a decision from you. Where a position is uncertain, we set out the basis we would defend. Where a matter needs someone else's specialism, we will tell you that too.
2024
Audit licence, CA Maldives
5
Practices
Malé
Republic of Maldives
Practices
What we do.
Audit & Assurance
Statutory audit and assurance under IFRS and the ISAs, by a firm licensed by CA Maldives.
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Tax
Income tax, GST and withholding: registration, filing and disputes.
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Accounting
Bookkeeping, management accounts and statutory financial statements.
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Consulting
Valuations, structuring, controls and management reporting.
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AI & Technology
AI integration for the finance and back-office systems you already run.
Learn moreRegulatory change
What changed, when it takes effect, and what to do.
Maldivian tax law changed five times in three years. We keep one table of every change that affects a filing, a deadline or a number, and update it in place.
Open the tracker-
11 Sep 2026
MIRA Guide G859 — Inbound Tourism Products and Related Booking or Agency Services
Effective Guide in force now; regime from 1 Oct 2026 · Foreign tour operators, OTAs, bed banks
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11 Sep 2026
How to complete GST Registration — Overseas Suppliers form (MIRA-120)
Effective Portal open now · Overseas suppliers
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Sep 2026
Circular on registration of suppliers of inbound tourism products and related booking or agency services
Effective Now · Overseas suppliers
In focus
Unlock Opportunities: Invest in Maldives
Investing in the Maldives opens doors to unparalleled opportunities in a flourishing market. With its strategic location, thriving tourism industry, and commitment to sustainable development, the Maldives presents a diverse range of sectors for astute investors seeking growth.
Our dedicated team provides invaluable insights into tax structures, compliance requirements, and the overall regulatory landscape, ensuring that investors can confidently make informed decisions and capitalize on the vast potential the Maldives has to offer. Partner with us to transform your investment aspirations into thriving realities in this vibrant and promising market.
Resources
Recent resources.
Mariyam Ahmed Shareef · 9 Nov 2024
Maldives Tourism Taxes Increase Post-Law Revisions
The Maldivian government has announced amendments to its tax laws, specifically affecting the tourism sector. These changes include an increase in the Tourism Goods and Services Tax (TGST), an increase in the Green Tax, and adjustments to airport taxes and fees.
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Husham Abdul Shakoor, FCCA · 20 Aug 2024
CST Advisory LLP obtains audit license to perform statutory audits in the Maldives
CST Advisory LLP is proud to announce that we have successfully obtained the Audit License from the Institute of Chartered Accountants of Maldives (CA Maldives), marking a significant milestone in our commitment to providing the highest standards of audit and assurance services.
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Najwa Haleem · 29 Oct 2024
Compliance Requirements Under Foreign Currency Regulation
As the registration deadline approaches fast, our team member Najwa Haleem provides comprehensive insights into the compliance requirements under the regulation. This document by CST Advisory LLP, offers a detailed overview of the new Foreign Currency Regulation introduced by the MMA.
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