MIRA Calls Upon Taxpayers That Do Not Meet Registration Requirements to Deregister
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…
Cash Declaration Limit Changed
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…
Overview of the 4th Amendment to the Tax Administration Regulation
This publication gives an overview of the 4th Amendment to the Tax Administration Regulation of the Maldives
Guide on collection and distribution of service charge
This guide explains the rules regarding the collection, distribution and reporting of Service Charge as required by the Sixth Amendment to the Employment Act
Overview of the Goods and Services Tax Act
This publication gives an overview of the imposition of Goods and Services Tax imposed under the GST Act.
FREE Webinar on Service Charge
The webinar is targeted at employer, human resources personnel, and accountants in the tourism sector. The duration of the webinar is expected to be 1 houe. It will take place on 3 April 2020 at 3:00 pm.
The Chaotic Non-resident Contractor Tax Rules
This article explores the current tax position on non-resident contractor payments.
CTL Strategies Celebrates its 6th Anniversary
CTL Strategies has been ranked in the 2021 edition of Chambers and Partners, which is often regarded as the “gold standard” in the legal profession.
Travel Agency Regulation
On 25 February 2021, the Travel Agency Regulation was gazetted, replacing the regulation that was in place since 2006. The new regulation introduces new rules for both foreign and local tour agencies.
Overview of Tenth Amendment to the Tourism Act
This publication gives an overview of the 10th Amendment to the Tourism Act.
CTL Strategies recognised in 2021 Rankings of Chambers and Partners
CTL Strategies has been ranked in the 2021 edition of Chambers and Partners, which is often regarded as the “gold standard” in the legal profession.
Year in Review 2020
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.