Maldives

What consumer rights apply in the Maldives for expired Giftcards? ›

There are no specific rules on expired Giftcards. Merchants must clearly indicate expiry dates and terms of use.

Is there a legal rule in the Maldives on the validity period of Giftcards? ›

In the Maldives there is no specific legal regulation on the validity period of Giftcards. Under contract law, a general limitation period of three years applies. Merchants must clearly state validity periods.

What special rules apply in the Maldives to the sale, issuance, or redemption of Giftcards? ›

Giftcard sales are permitted, particularly in tourism and trade. Electronic Giftcards must be registered with the tax authority.

How are Giftcards treated for tax purposes in the Maldives (VAT, single-purpose / multi-purpose)? ›

Giftcards are subject to Goods and Services Tax, which applies upon redemption. There is no distinction between single-purpose and multi-purpose Giftcards.