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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.

Product Manager Services to Invoice

  • Product strategy
  • Roadmap planning
  • User research
  • Prioritization
  • Sprint planning
  • Stakeholder management
  • Launch planning

Invoice Requirements in Maldives

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

Payment Terms

Monthly retainer or project-based. Day rates for interim roles.

ކޭޝް15 ދުވަސް30 ދުވަސްދެއްކުމުގެ މުއްދަތު

Payment Methods in Maldives

Bank TransferBMLMIBCredit CardCash

Product Manager Invoice Tips

  • Reference deliverables
  • Include research
  • Document roadmaps
  • Note sprints
  • Track launches

Frequently Asked Questions

What tax rate applies to product manager 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 product managers in Maldives?

Common payment methods in Maldives include: Bank Transfer, BML, MIB, Credit Card, Cash. Monthly retainer or project-based. Day rates for interim roles.

What should product manager invoices include in Maldives?

Your invoice should include: Business registration, GST number, Client details, Invoice number. For product manager services specifically, also include: Product strategy, Roadmap planning, User research.

How to price PM services?

Retainer for ongoing, project for initiatives, day rate for interim.

What deliverables?

Roadmaps, PRDs, research reports, sprint plans, launch docs.

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.