The Maldives Inland Revenue Authority (MIRA) was established in August 2010, to administer the modern tax system which was introduced to the Maldives in 2011. During the initial years, MIRA’s main focus was on the successful implementation of the newly introduced taxes, namely the Tourism Goods and Services Tax, Business Profit Tax, and the Goods and Services Tax. During this period MIRA has also managed to establish a credible organisation and lay down a strong organisational setup.
The first strategic plan of MIRA was published in 2015. It outlined the strategic priorities of MIRA between 2015 and 2019 under six programs. The first strategic plan period wrapped up with MIRA having successfully achieved the majority of the objectives highlighted in the plan.
As MIRA heads into the 10th year in national service, its goals and objectives need to be reprioritized to reflect the developments MIRA has undergone over the past years. With the work required for the introduction of a new tax regime under the Income Tax Act, and adherence to international standards of taxation taking center stage, the second strategic plan outlines the strategic priorities of MIRA between 2020 and 2024. The plan is based on 13 programs underlined by 26 Key Performance Indicators. This plan also takes into consideration the responsibilities of MIRA under the National Development Plan of Maldives.
This plan is a product of diligent analysis and deliberations by the senior management of MIRA. The senior management was actively involved in drawing up the plan at every step of the way. Furthermore, the planning process was advised by a strategic planning expert from the International Monetary Fund, Ms Barbara Herbert.
MIRA urges its employees and stakeholders to take this plan on-board and continuously work towards its achievement. Together we can make MIRA the competent and professional organisation that it strives to be.