CTL Strategies LLP - Maldives’ Legal Services & Tax Specialists
CTL Strategies. CTL Strategies tax services are dedicated to businesses in Maldives offering a wide range of legal services including registration...
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Best pages on Ctlstrategies.com
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CTL Strategies LLP - Maldives’ Legal Services & Tax Specialists
CTL Strategies tax services are dedicated to businesses in Maldives offering a wide range of legal services including registration of foreign investments.
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Calculating GST & WHT on Online Travel Agency Commission
Our advisor Madeeh Ahmed explains how GST and WHT are imposed on the commission paid to online travel agents under the agency model and merchant model.
Ctlstrategies.com news digest
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6 years
Calculating GST & WHT on OTA commissions
by Madeeh Ahmed, Tax Advisor
If you conduct a tourism sector business, it is highly likely that you deal with Online Travel Agents (“OTA”) on a regular basis. In the past, accounting for tax (especially Withholding Tax and Goods and Services Tax) in relation to OTA commission has... -
6 years
Foreign Investment Opportunities in the Maldives
It is important to enlist the help of skilled counsel with experience in legal, administrative and, tax requirements when foreign investors establish themselves in the Maldives as their choice of business structure can have different tax and legal implications...
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6 years
Tourism Ministry Introduces Share Transfer Fee and Increases Lease Transfer Fee ...
The Ministry of Tourism, on 31 October 2017, published the 4th Amendment to Regulation Number 2010/R-14 (Grant of Rights – land and islands leased for tourism purposes) which imposes fees on share transfers and an increased lease transfer for leaseholders...
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6 years
New Ruling Changes Complimentary Services Rules
The Maldives Inland Revenue Authority has published a Tax Ruling (Number TR-2017/G42) on 9 October 2017 which amends Section 54 of the Goods and Services Tax Regulation to allow complimentary supplies without any imposition of GST for a period of 7 days...
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