Maldives

Paying Taxes in

Maldives

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Property transfer tax 1 15.0% sale price 9.1
Business registration fees 1 MVR 2,000 annual company fee + MVR 500 stamp duty fixed fee 0.1
Vehicle registration fees 1 MVR 1,800 annual fee, MVR 40 stamp for vehicles weight less than 2 tonns fixed fee 0.1
Totals: 3 0 9.3
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