Contractor Invoice Generator for Maldives
Create professional contractor invoices for clients in Maldives. This free invoice generator combines contractor-specific billing practices with Maldives's tax requirements (8% GST) and preferred payment methods like Bank Transfer and BML.
Free, no registration required. Your data stays in your browser.
Maldives Tax Information
GST is 8% standard, 6% for tourism goods and services. Registration required above MVR 1 million turnover.
Contractor Services to Invoice
- Labor charges
- Material costs
- Equipment rental
- Permit fees
- Subcontractor work
- Change orders
- Warranty work
Invoice Requirements in Maldives
Payment Terms
Progress billing at milestones. Retain 5-10% until final inspection.
Payment Methods in Maldives
Contractor Invoice Tips
- Break down materials and labor
- Reference permits
- Document change orders
- Include lien waiver language
- Track progress payments
Frequently Asked Questions
What tax rate applies to contractor invoices in Maldives?
Maldives has 8% GST. GST is 8% standard, 6% for tourism goods and services. Registration required above MVR 1 million turnover.
What payment methods are common for contractors in Maldives?
Common payment methods in Maldives include: Bank Transfer, BML, MIB, Credit Card, Cash. Progress billing at milestones. Retain 5-10% until final inspection.
What should contractor invoices include in Maldives?
Your invoice should include: Business registration, GST number, Client details, Invoice number. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.
How should contractors bill for projects?
Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.
How do contractors handle material markup?
15-25% markup is standard. State policy in contracts.
What GST rates apply in Maldives?
Maldives has 8% standard GST and 6% for tourism-related goods and services. Some essential items zero-rated. Exports typically zero-rated. TGST (Tourism GST) at 16% on tourism services.