Government finally hikes tourism GST to 16%

The Maldives Government has decided to increase the GST tax rate for both the tourism sector and general sector from the new year 2023.

As a consequence of this amendment to the existing GST law, effective 1 January 2023, tourism sector GST is to become 16% and general sector GST is to be at 8%.

Expatriates’ Minimum Wage Determination Deferred

The determination of the floor of remuneration or minimum wage for expatriate employees working in the Maldives…

Twelfth Amendment to the Tourism Act

The government has proposed a twelfth amendment to the Tourism Act. The last amendment, the Eleventh Amendment,…

Introducing the Eleventh Amendment to the Tourism Act

The Tourism Act of 1999 is now officially amended for the eleventh time and published in the…

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