Mv Tax Overview

---
name: mv-tax-overview
description: "Source-cited draft: tax overview for Maldives (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/mv-tax-overview"
  jurisdiction: "MV"
  tax_year: "2025"
  last_updated: "2026-07-13"
---

# Maldives Tax Overview

## Maldives Tax Overview

## The Maldives tax system at a glance

The Maldives historically had no broad income tax; the Income Tax Act (Law No. 25/2019) introduced personal and corporate income tax from 1 January 2020. Tax is administered by the Maldives Inland Revenue Authority (MIRA), and the country also operates a Goods and Services Tax (GST/TGST) and a Green Tax.

- **National tax authority** — Maldives Inland Revenue Authority (MIRA)  _([Tax Administration Act (Law No. 3/2010)](https://www.mira.gov.mv/))_
- **Currency** — Maldivian Rufiyaa (MVR)  _(Maldives Monetary Authority Act)_
- **Standard tax year** — Calendar year (1 January to 31 December)  _([Income Tax Act (Law No. 25/2019)](https://www.mira.gov.mv/Legislations/View/Incometaxact))_
- **Basis of taxation** — Residents are taxed on worldwide income; non-residents and temporary residents only on Maldives-source income  _([Income Tax Act (Law No. 25/2019)](https://www.mira.gov.mv/Pages/View/ictindividuals))_
- **Personal income tax-free threshold** — MVR 720,000 of annual income (0% band) MVR/year  _(Income Tax Act (Law No. 25/2019))_
- **Top marginal personal income tax rate** — 15% %  _(Income Tax Act (Law No. 25/2019))_
- **Standard corporate income tax rate** — 15% on taxable income above MVR 500,000 %  _([Income Tax Act (Law No. 25/2019)](https://www.crowe.com/mv/insights/income-tax-overview))_
- **Does the Maldives have a consumption tax?** — Yes — Goods and Services Tax (GST) at 8% general rate and Tourism GST (TGST) at 17% from 1 July 2025  _([Goods and Services Tax Act (Law No. 10/2011)](https://www.mira.gov.mv/ContentItems/View/circular-issued-changes-to-tgst-rate))_
- **Green Tax (environmental tourism levy)** — Per-guest, per-night tax on tourist establishments, collected and remitted to MIRA monthly  _([Maldives Tourism Act (Law No. 2/99) / Green Tax Regulation](https://www.dreamingofmaldives.com/maldives-tourism-tax-2025-increase/))_
- **Annual income tax final return & payment deadline** — 30 June of the year following the tax year  _([Income Tax Act (Law No. 25/2019)](https://www.legal500.com/guides/chapter/maldives-tax/))_
- **GST return & payment deadline** — 28th of the month following the end of the taxable period  _([Goods and Services Tax Act (Law No. 10/2011)](https://www.mira.gov.mv/Pages/View/gstreturn))_

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `mv-tax-overview` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/mv-tax-overview. If neither is available, confirm every figure against the official source pages cited above before relying on it.