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This article outlines the new revenue measures and provide recommendations aiming to help CFOs navigate the changes brought about by the new revenue measures, ensuring that their companies remain financially stable and profitable, while concurrently contributing to the long-term financial stability

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Maldives GST rates to increase from 1st January 2023

Husham Abdul Shakoor, FCCA | 16 December 2022

Pursuant to the sixth amendment of the Goods and Servies Tax Act, the rates for tourism sector GST and general sector GST will increase to 16% and 8% respectively effective from 1st January 2023

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Income Tax Filing Deadline for 2023: A Comprehensive Guide

Husham Abdul Shakoor, FCCA | 16 June 2024

This article serves as a comprehensive guide to the Income Tax Filing Deadline for 2023, as stipulated by the Income Tax Act 2020. It outlines the key aspects of tax filing, including the individuals and entities obligated to file an income tax return, and the exemptions available.

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A dedicated team who deliver expert consulting and advisory service

At CST Advisory LLP, we are dedicated to helping businesses achieve their goals. As a full-service accounting and consulting firm, we bring together a team of qualified professionals with extensive experience in tax, accounting, and financial management. With our comprehensive range of services and personalized approach, we are committed to delivering expert guidance and innovative solutions tailored to meet your unique needs.

Whether you are an individual seeking tax planning assistance or a corporation looking to enhance your financial performance, we are here to provide the expertise and support you need to thrive in today's dynamic business environment. Partner with us and experience the difference of having a trusted ally on your path to success.

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Tax Compliance & Advisory

Tax Planning and Compliance in the Maldives

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Accounting System Consulting

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Outsourced CFO Services

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Investing in Maldives

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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.

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Embark on a transformative journey of success in 2024 by partnering with us. "Elevate Together" is an invitation to join forces for a year of unparalleled achievements.

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