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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.

Illustrator Services to Invoice

  • Editorial illustration
  • Book illustration
  • Character design
  • Concept art
  • Pattern design
  • Icon illustration
  • Infographics

Invoice Requirements in Maldives

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

Payment Terms

50% deposit, 50% on delivery. Licensing fees may be separate from creation fees.

ކޭޝް15 ދުވަސް30 ދުވަސްދެއްކުމުގެ މުއްދަތު

Payment Methods in Maldives

Bank TransferBMLMIBCredit CardCash

Illustrator Invoice Tips

  • Specify number of illustrations
  • Include complexity level
  • Note licensing terms
  • Reference style/mood boards
  • Document revision rounds

Frequently Asked Questions

What tax rate applies to illustrator 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 illustrators in Maldives?

Common payment methods in Maldives include: Bank Transfer, BML, MIB, Credit Card, Cash. 50% deposit, 50% on delivery. Licensing fees may be separate from creation fees.

What should illustrator invoices include in Maldives?

Your invoice should include: Business registration, GST number, Client details, Invoice number. For illustrator services specifically, also include: Editorial illustration, Book illustration, Character design.

How should illustrators price their work?

Based on complexity, usage rights, and client type. Editorial rates differ from commercial.

What licensing terms should illustrators specify?

Define usage (print, digital, merchandise), duration, and exclusivity.

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.