Goods and Services Tax (GST) is a tax charged on the value of goods and services supplied in the Maldives from 2 October 2011 onwards. GST is charged under the Goods and Services Tax Act (Law Number 10/2011).
The law categorizes GST into the following two sectors:
Tourism goods and services are goods and services supplied by:
General goods and services include all goods and services other than tourism goods and services.
Until 31 December 2022
With the enactment of the 6th amendment to the GST Act, the GST rates for both the tourism sector and the general sector will increase to 16% and 8%, respectively from 1 January 2023 onwards.
From 1 January 2023 onwards: