Guideline / Maldives

Maldives Tax ID Number (TIN) Guide 

A Tax Identification Number (TIN) is a unique identifier used by individuals, businesses, and legal entities in the Maldives to comply with the country’s tax regulations. It is required for all tax-related activities, such as filing tax returns, paying taxes, and conducting business transactions. Having a TIN ensures that taxpayers are properly registered with the authorities, and it helps prevent issues with tax compliance and reporting. This guide is based on official information provided by the Maldives tax authority to ensure 100% accuracy and reliability. 

1. Tax Identification Number Types 

In the Maldives, the primary tax identification number is referred to as the Taxpayer Identification Number (TIN), which is used by both individuals and businesses. The Maldives Tax Authority, which is the Maldives Inland Revenue Authority (MIRA), assigns TINs to all taxpayers. 

Types of TINs in the Maldives: 

  • Individuals: Maldivian citizens and residents are assigned a TIN, which is required for income tax filings, including personal income tax and social security contributions. 
  • Businesses: Entities, including corporations, partnerships, and sole proprietorships, must obtain a TIN for conducting business operations, tax payments, and other tax-related activities such as VAT registration. 

The MIRA is the central authority responsible for issuing TINs and ensuring that tax compliance is maintained. 

2. TIN Format and Structure 

Individual TIN: 

The TIN for individuals in the Maldives is linked to the individual’s National Identity Number (ID). This number serves as the TIN for personal income tax purposes. 

  • Format: The TIN for individuals follows the format of the National Identity Number (ID), which is typically a numeric string of 7 digits. 
  • Structure: The first 6 digits represent a unique number assigned to the individual, while the last digit serves as a control digit, ensuring validity. The TIN is used in conjunction with the individual’s identification for tax-related purposes. 

Business TIN: 

For businesses, the TIN follows a different format. It is assigned during the registration of the business entity with the Maldives Inland Revenue Authority (MIRA). The TIN is essential for all tax obligations, including Value Added Tax (VAT) registration. 

  • Format: The business TIN typically consists of a combination of numbers and letters. 
  • Structure: The business TIN is structured to indicate the registration year followed by a unique identifier for the entity. It may include information specific to the type of business, such as corporation or sole proprietor. 

3. Issuing Authority and Registration Process 

Issuing Authority: 

The Maldives Inland Revenue Authority (MIRA) is the official body responsible for issuing TINs in the Maldives. All tax-related matters, including TIN registration and verification, are managed by MIRA. 

Official Website: Maldives Inland Revenue Authority (MIRA) 

TIN Registration Process for Individuals: 

  1. Eligibility: All Maldivian citizens and residents earning income are required to register for a TIN. Foreigners who earn taxable income within the Maldives also need to register for a TIN. 
  1. Required Documents: 
  • National Identity Card (for Maldivian citizens) or valid passport (for foreign residents). 
  • Proof of income (if applicable). 
  • A completed registration form available on the MIRA website. 
  1. Application Process: 
  • Individuals can register for a TIN online via the MIRA e-filing portal or in person at the MIRA office. 
  • The registration process is straightforward and can be completed in a few steps. 
  1. Fees: There are no fees associated with registering for a TIN for individuals. 

TIN Registration Process for Businesses: 

  1. Eligibility: All businesses operating within the Maldives are required to obtain a TIN. This includes both local and foreign-owned businesses. 
  1. Required Documents: 
  • Business registration documents (Certificate of Incorporation or Trade License). 
  • National ID or passport of the business owner(s). 
  • Proof of business activity or location. 
  1. Application Process: 
  • Businesses can apply for a TIN through the MIRA website or by visiting the MIRA office. 
  • The process includes filling out the necessary registration forms, submitting business documentation, and awaiting approval. 
  1. Fees: No fees are required for registering a TIN for businesses. 

4. TIN Verification and Lookup 

It is essential for individuals and businesses to verify their TIN to ensure it is valid and correctly registered in the system. MIRA provides an official portal for real-time TIN verification. 

Official TIN Verification Tool: MIRA offers a public verification tool on their website where taxpayers can confirm the validity of a TIN. 

Verification Link: MIRA TIN Verification 

Using official resources for TIN verification helps avoid errors, such as incorrect tax filings or delays in business transactions, and ensures that the taxpayer is fully compliant with the Maldives tax laws. 

5. TIN and VAT Number Connection 

In the Maldives, the TIN and the VAT number are closely linked. Businesses that are registered under the Value Added Tax (VAT) system will use their TIN as their VAT registration number. The TIN is required for VAT filings, tax payments, and invoices. 

  • VAT Number Format: The VAT number follows the same format as the business TIN. It serves as the unique identifier for businesses involved in VAT transactions. 

6. Importance of Accurate TIN Validation 

Having an accurate TIN is critical for both individuals and businesses in the Maldives to comply with tax regulations. Incorrect or invalid TINs can lead to tax errors, delays in processing, and penalties. Moreover, businesses may face challenges in establishing legal contracts or processing payments if the TIN is invalid. 

  • Business Transactions: Ensuring a correct TIN is crucial for smooth business operations, especially for transactions involving tax deductions, invoicing, and financial reporting. 
  • Tax Filings: Proper TIN validation ensures that tax returns are filed without errors and that tax payments are processed efficiently. 
  • Compliance: Validating the TIN helps businesses avoid fines, penalties, or legal issues that may arise from non-compliance with the tax system.

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