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Maldives Tax Information

8% GST

GST is 8% standard, 6% for tourism goods and services. Registration required above MVR 1 million turnover.

Executive Coach Services to Invoice

  • Leadership coaching
  • 360 assessment
  • Strategic planning
  • Board preparation
  • Transition coaching
  • Team effectiveness
  • Stakeholder management

Invoice Requirements in Maldives

Business registration
GST number
Client details
Invoice number
GST breakdown
Total in MVR

Payment Terms

Corporate billing Net 30. Monthly retainer or package fee. Assessment tools billed separately.

ކޭޝް15 ދުވަސް30 ދުވަސްދެއްކުމުގެ މުއްދަތު

Payment Methods in Maldives

Bank TransferBMLMIBCredit CardCash

Executive Coach Invoice Tips

  • Reference engagement letter
  • Include confidentiality note
  • Note sponsoring organization
  • Document assessment tools
  • Track session hours

Frequently Asked Questions

What tax rate applies to executive coach 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 executive coachs in Maldives?

Common payment methods in Maldives include: Bank Transfer, BML, MIB, Credit Card, Cash. Corporate billing Net 30. Monthly retainer or package fee. Assessment tools billed separately.

What should executive coach invoices include in Maldives?

Your invoice should include: Business registration, GST number, Client details, Invoice number. For executive coach services specifically, also include: Leadership coaching, 360 assessment, Strategic planning.

Executive coaching rates?

Premium pricing $500-1500/hour or $10,000-100,000+ per engagement.

Who pays?

Usually organization sponsors. Bill HR or L&D department. Some executives self-pay.

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.