Duty Free Royalty

Duty Free Royalty is levied under the Act Governing Duty Free Areas in the Maldives (Act No. 9/81). All duty free shops in the Maldives are liable to pay a monthly royalty calculated as a percentage of sales. Royalty percentages are stipulated in the Regulation Governing Duty Free Businesses in the Maldives.


All parties wishing to conduct duty free businesses in the Maldives shall register with the Ministry of Economic Development and obtain a license in respect of each duty free shop. For royalty purposes, duty free shops would be registered with the MIRA once they are granted with the license to operate by the Ministry.


All duty free shops are required to submit to the MIRA the following documents;

  1. Monthly Royalty Statement - by 10th of the following month.
  2. Quarterly Inventory Statement - by 10th day of the month following that quarter.
  3. Audited Yearly Statement by Quarter - within 90 Days after each Calendar year


Duty Free Royalty can be paid online via MIRAconnect and can make the payment over the counter. Duty Free Royalty must be paid in Maldivian Rufiyaa.

Any amount in excess of USD 5,000 or MVR 100,000 will not be accepted over the counter. Such payments must be made online or using the Maldives Real Time Gross Settlement (MRTGS).


Payment for each month shall be paid by the 10th day of the subsequent month.

Fines / Penalties

There is no specific fine for non-payment or late payment. However, the Ministry of Economic Development has the right to levy a fine between MVR1,000 and MVR100,000 for non-compliance of duty free regulations.

©   Maldives Inland Revenue Authority