Goods and Services Tax
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Latest
NewsTourist arrivals expected to fall short of previous record
Maldives Finance Minister Hassan Zareer announced that tourist arrivals this year are expected to fall short of previous records and targets. The government revised its year-end estimate to 2.17 million visitors, citing geopolitical tensions as a factor. This decline marks the end of a five-year growth trend for the nation's tourism sector.
NewsMuizzu announces tax offsets and duty exemptions for SMEs
President Muizzu announced tax relief for SMEs, allowing them to offset tax liabilities against outstanding government payments. The plan includes raising the GST registration threshold to MVR 1.5 million and exempting small businesses from import duties on specific goods starting in 2027 to ease financial burdens.
News
Amendment proposed to repeal foreign tour operator tax
Business
Dollar revenue drops 15% in September compared to 2025
Business
Government revenue exceeds MVR 30 billion
Business
Authorities meet with tourism industry stakeholders
News
Maldives to revise foreign tour operator tax
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Eagles Hills will not pay acquisition cost or rent for 99 years
News
Bill passed to tax offshore booking platforms and tour operators
News
