Maldives Information about minimum wage and taxes.

There is no minimum wage set in the Maldives. Wages are usually freely determined between employers and employees. However, working conditions and wages must comply with the minimum standards set by the Labor Law. The tax system in the Maldives is based on the Personal Income Tax Law and the Corporate Tax Law. Personal Income Tax is applicable on earnings of 30,000 Maldivian Rufiyaa (MVR) and above. There are different tax brackets for earnings. For example, a 5% tax applies to earnings from 30,000 MVR to 300,000 MVR, and a 10% tax applies to earnings from 300,000 MVR to 500,000 MVR. Corporate Tax is applied on the profits of companies. The Corporate Tax rate is generally applied at 15%, but different rates may apply in some sectors. The tax system in the Maldives includes the same rules for local and foreign companies. However, some incentives may be provided to domestic companies in some sectors. This information provides an overview. It is important to contact government authorities in the Maldives for more detailed information regarding taxes and fees.

What are the types of companies in Maldives?

What are the documents required to establish a company in Maldives?

Maldives Economic information

How to get a Maldives residence permit?

How to get a Maldives work permit?

Maldives Information about minimum wage and taxes.

What are the most used websites in Maldives?

Detailed information about Maldives Education.

Maldives Salaries by professions

What is Maldives breakfast culture like?

What are the famous Maldives dishes?

What are Maldives Drinks?

Maldives best football players

Maldives Football teams

Maldives Artists

Maldives largest companies

Maldives Brands

Maldives Most preferred car brand

Information about the Maldives Health system and insurance system.

Information about Maldives Dances.

Information about Maldives Festivals.

Information about Maldives Marriage.

Information about Maldives Women.

Information about Maldives Men.

Detailed information about Maldives Religious beliefs.

Who are the Maldives Statesmen?

What is the Maldives form of government?

Maldives Political parties

Maldives How did fashion develop?

Possible trading activities in Maldives

Best universities in Maldives

Best schools in Maldives

What is the Maldives legal system like?

The greatest events in the History of the Maldives

Maldives Most popular sports

Information about Maldives Military power and army structure.

Maldives Export Products

Maldives Imported Products

High-tech products produced in Maldives

Wars in which Maldives participated

Maldives: Friend and foe countries