Rainbow and Jaah among those owing more than MVR 1 million in tax

The Maldives Inland Revenue Authority (MIRA) has named 25 parties with more than MVR 1 million each in unpaid general sector GST.

MIRA said today that the parties were named under its policy on disclosing the names of those who fail to file tax returns or pay taxes, and owed more than MVR 1 million each in general sector GST for the fourth quarter of 2024 and the period from December 2024 to the end of June 2026.

MIRA said that before their names were disclosed, the parties had been contacted by phone and informed of the legal penalties for failing to pay taxes and the measures that would be taken against them. They had also been notified by SMS.

MIRA said it would also continue to apply, without discrimination, the additional measures prescribed under its enforcement policy to recover unpaid taxes owed to the state. It therefore urged those who had not filed their tax returns to submit them, and those with unpaid taxes to pay without delay.

Parties owing more than MVR 1 million in tax:

1. Vaguthu Media Pvt Ltd

2. Ahmed Mujthaba

3. Aima + LHL Pvt Ltd

4. Arcs Holdings Pvt Ltd

5. Atolo Construction Pvt Ltd

6. Azrovo Maldives Pvt Ltd

7. Blue Zing Pvt Ltd

8. Epic Company Pvt Ltd

9. Hassan Nihad

10. Hi-Tech Aluminium Pvt Ltd

11. I and C Trading Pvt Ltd

12. Ibrahim Majid

13. Ibrahim Risfan

14. Jaah Pvt Ltd

15. Credeco Pvt Ltd

16. M-Glass and Aluminium Pvt Ltd

17. Mithuru Group Pvt Ltd

18. NPH Developments Pvt Ltd

19. Onyx Pvt Ltd

20. Rainbow Enterprises Pvt Ltd

21. Ruqiyya Ali

22. Seven Weeks Pvt Ltd

23. Silica Kulhudhuffushi Pvt Ltd

24. Silver Quest Pvt Ltd