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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.

Music Producer Services to Invoice

  • Beat production
  • Recording
  • Mixing
  • Mastering
  • Sound design
  • Arrangement
  • Vocal production

Invoice Requirements in Maldives

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

Payment Terms

50% deposit to start, 50% on delivery. License fees may apply separately.

ކޭޝް15 ދުވަސް30 ދުވަސްދެއްކުމުގެ މުއްދަތު

Payment Methods in Maldives

Bank TransferBMLMIBCredit CardCash

Music Producer Invoice Tips

  • Specify track deliverables
  • Include stems/multitracks
  • Note licensing terms
  • Reference session hours
  • Document revisions

Frequently Asked Questions

What tax rate applies to music producer 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 music producers in Maldives?

Common payment methods in Maldives include: Bank Transfer, BML, MIB, Credit Card, Cash. 50% deposit to start, 50% on delivery. License fees may apply separately.

What should music producer invoices include in Maldives?

Your invoice should include: Business registration, GST number, Client details, Invoice number. For music producer services specifically, also include: Beat production, Recording, Mixing.

How should music producers price their work?

Per track, hourly, or project-based. Consider usage rights and royalty arrangements.

Should producers include stems?

Specify whether stems are included. Many charge extra for multitrack delivery.

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.