The Ministry of Tourism, on 4 March 2018 published the 2nd Amendment to Regulation Number 2016/R-69 (Submission of Proposals for Leasing Islands, Plots of Land…
This issue covers the following: 1. Changes brought to the imposition of WHT on commission paid to Online Travel Agencies. These changes are introduced via the…
The Maldives Inland Revenue Authority has published Ruling G46 on 8 February 2018 which makes the construction of housing projects under a social housing scheme,…
A web-based seminar on “Recent Developments on GST and WHT” was held by CTL Strategies on 10 February 2018, which focused on some important changes…
The Maldives Inland Revenue Authority has published a Tax Ruling (Number TR-2017/G45) which amends Section 46 of the Goods and Services Tax Regulation. The Ruling…
CTL Strategies LLP has been ranked by AsiaLaw Profiles as one of the top-tier law firms in the Maldives. CTL Strategies has been highly recommended…
In the case of HPL v MIRA, the Tax Appeal Tribunal held that reimbursement of expenses made under management agreements are not subject to WHT…
by Madeeh Ahmed, Tax Advisor Note: Rules on the imposition of WHT on OTA commission have been changed via the amendments brought to the BPT Regulation…
It is important to enlist the help of skilled counsel with experience in legal, administrative and, tax requirements when foreign investors establish themselves in the…
The Ministry of Tourism, on 31 October 2017, published the 4th Amendment to Regulation Number 2010/R-14 (Grant of Rights – land and islands leased for…