Maldives Corporate Income Tax
Detailed corporate income tax rates and rules for Maldives in 2026.
Corporate TaxMVR
Maldives introduced a business profit tax in 2011, now at 15% on taxable profits exceeding MVR 500,000. This applies to all businesses including companies, partnerships, and other entities. The first MVR 500,000 of taxable profit is exempt.
Standard Rate
15%
Additional Notes
Special levies apply to banks (Bank Profit Tax) and tourism operators. Resort operators pay additional tourism-specific taxes and resort lease rent.
How Maldives Corporate Tax compares
Maldives’s corporate tax rate of 15% is the 162nd highest of 203 countries TaxAtlas tracks, below the global average of 22.2% and Asia’s regional average of 19.7%.
Maldives
15%
Asia average
19.7%
Global average
22.2%
