Resources & Insights

Husham Abdul Shakoor, FCCA · 23 Sep 2026 · 1 min read

GST Maldive 2026: guida per tour operator e agenzie

Dal 1° ottobre 2026 un tour operator o un'agenzia senza sede fissa di attività alle Maldive che vende soggiorni, trasferimenti o escursioni nel Paese deve registrarsi alla MIRA e applicare la GST al 17%. Nessuna soglia di fatturato. Rivendita tassata sul margine, commissioni di agenzia per intero.

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Mariyam Ahmed Shareef · 9 Nov 2024 · 4 min read

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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Najwa Haleem · 29 Oct 2024 · 1 min read

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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Husham Abdul Shakoor, FCCA · 2 Jul 2024 · 5 min read

Maldives Medium Term Revenue Strategy: How Can CFOs Be Ready?

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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Husham Abdul Shakoor, FCCA · 16 Dec 2022 · 3 min read

Maldives GST rates to increase from 1st January 2023

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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Husham Abdul Shakoor, FCCA · 20 Dec 2021 · 2 min read

The Maldives introduces Departure Tax

The Maldives introduces Departure Tax and brings changes to the rates charged as Airport Development Fee for the persons departing from Velana International Airport, effective from 1 January 2022.

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