Goods & Services Tax GST Registration : Maldives Inland Revenue Authority MIRA

Name of the Organization : Maldives Inland Revenue Authority
Type of Facility : Goods & Services Tax GST Registration
Country : Maldives

Website : https://www.mira.gov.mv/Gst.aspx

Goods & Services Tax Registration :

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).

Related : MED Ministry of Economic Development Maldives Marks Registration : www.statusin.org/7728.html

The Act brings within its scope the current Tourism Goods and Services Tax (T-GST) regime. It makes a clear distinction between suppliers of tourism goods and services and suppliers of other (general) goods and services.

Registration is compulsory if the value of taxable supplies of a business exceed MVR 1 million per annum. However, importers of goods to the Maldives and suppliers of tourism goods and services are required to register even if the value of their supplies do not exceed the MVR 1 million threshold.

The Act imposes a GST at the rate of 3.5% from 2 October 2011 to 31 December 2011 and 6% from 1 January 2012 to 31 December 2012. From 1 January 2013 to 31 October 2014, the GST rate on tourism sector was at 8%, and tourism sector GST rate has increased to 12% from 1 November 2014 onwards

Instructions for completing GST Registration Form:
TIN (Taxpayer Identification Number):
State your TIN that is stated on the Notification of Registration that was issued when you registered with us under the Tax Administration Act. When writing your TIN, write the numbers from left to right.

Example: If your TIN is 1001234, write 1 0 0 1 2 3 4 in the space provided.

If you have not yet registered in MIRA, submit the Taxpayer Registration Form (MIRA 101) along with this form.

Taxpayer Name:
State the name of the legal owner (individual, company, partnership or other legal entity) of the business activities listed in section 5. If you require a permit from a government office or state institution to conduct business, you must hold the relevant permit(s).

1. Sector:
If you conduct any taxable activity in the tourism sector, tick ‘Tourism Sector’.
Taxable activities in the tourism sector include:

** Tourist resorts, tourist hotels, tourist guest houses, picnic islands, tourist vessels and yacht marinas authorized by the Tourism Ministry
** Diving schools, shops, spas, water sports facilities and other such facilities operated on the establishments specified above

** Travel agency service providers authorized by the Tourism Ministry
** Agents providing goods and services to foreign tourist vessels entering the Maldives
** Domestic air transportation service providers
** If you do not conduct any of the taxable activities above tick ‘Other Sectors’. State your TIN that is stated on the Notification of

Instructions on completing MIRA 105 Maldives Inland Revenue Authority 2

2. Reason for registration:

Fill this section ONLY if you are mandatory to register for GST. If you are registering voluntarily, then you do not need to fill this section. Conditions for mandatory registration are listed in the form. Tick the statements which are applicable to you.

3. Sales:

This is the combined total sales of all taxable activities listed in section 5. These figures should include taxable goods but must exclude the sales from exempt goods and services. The figures should be in Rufiyaa.

** Actual during the previous 12 months: This is the total sales during the previous 12 months for all taxable activities mentioned under section 5.

** Forecast for the next 12 months: This is the total sales that you forecast for all taxable activities mentioned under section 5 for the next 12 months.

4. Date on which you qualified for GST registration:

This is the date on which you became liable to register for GST. If; the value of your taxable supplies during the past 12 months exceeded MVR 1,000,000, write the date on which you exceeded the said threshold.

** the value of your taxable supplies for the following 12 months is estimated to exceed MVR 1,000,000, write the date on which you estimate that you will exceed the threshold.
** you hold an import license, write the date on which the license was issued.

** you conduct taxable activities in the tourism sector and if it requires a license or permit, write the date on which the license or permit was issued. If the activity does not require a license or permit, write the date on which you started the activity.

** you are registering voluntarily then this is the date you apply for GST registration.

5. Business Activities to be included in this Registration:

In this section write the details of the taxable activities that you are carrying out. You may use additional sheets if necessary.

Name of taxable activity:
Write here, the name of the taxable activities that you carry out. If you require a permit from a government office or state institution to conduct business, write the name as it appears on the permit.

Business Activity Number:
Write here, the Business Activity Number issued to you upon submission of MIRA 101. If you are unsure of the Business Activity Number, please call our hotline 1415 to clarify.

Instructions on completing MIRA 105 Maldives Inland Revenue Authority 3

Before submitting the form, check whether the form is filled correctly.

6. Taxpayer Identification Number (TIN) for above activities:
If you wish to add business activities to an existing GST TIN, state the GST TIN that was issued to you when you registered with us under the Goods and Services Tax Act (via MIRA 105 form).

When writing your TIN, write the numbers from left to right. For example if your TIN is 1001234GST001 write 1 0 0 1 2 3 4 G S T 0 0 1 in the space provided.

Declaration:
Once the form is completed, you should sign here, declaring that the information given on the form is true and correct and that you are authorized to sign the form.

The declaration must be signed by the legal owner of the business or the authorized representative of the taxpayer. State your ‘Title’, ‘First Name’, ‘Other Names’ (as it appears on your National ID Card / Immigration ID Card), ‘Contact Number’, ‘Designation’ and the ‘Date’ the declaration is signed. Companies, partnerships, trusts, cooperative societies and other legal entities must stamp their official seal next to the signature.