Effective Date: 1 January 2025 The new Foreign Currency Act (Law no: 32/2024) ratified on 14th December 2024 is set...
More..On 5 November 2024, important changes were made to the Tourism Goods and Services Tax (TGST), resulting in higher tax...
More..The Maldives tourism industry is set to face significant changes with the introduction of the 14th Amendment to the Maldives...
More..On 5 November 2024, significant amendments to the Tourism Goods and Services Tax (TGST), Green Tax (GRT), and Airport Taxes...
More..Effective Date: 1 October 2024 Key Provisions Mandatory Use of Maldivian Rufiyaa Foreign Income Depositing and Exchange Rules Banking Obligations...
More..Effective Date: 1 October 2024 The Maldives has introduced significant changes to the money changing regulations, impacting businesses involved in...
More..Effective Date: 25 September 2024 The Maldives has recently enacted significant amendments to the regulations governing foreign tourist vessels in...
More..Effective Date: 24 September 2024 The third amendment to Regulation 2022/R-236, which addresses construction period extensions and the deferment of...
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