Tax Exemption

Government submits bills on Maldivian citizenship, marine transport and GST

The government has submitted amendments to the 1969 Maldivian Citizenship Act to specify procedures for relinquishing citizenship and proposed changes to the 1978 law on sea travel to include new procedures for registering and collecting fees from marine vessels and to authorise the relevant ministry to formulate regulations to enforce the Maldives’ obligations under international treaties and maritime agreements.

Government proposes GST exemption for sale of flats under state-funded housing projects