Common Reporting Standard (CRS) reporting is being introducted in Maldives with an effective start date of 1 January 2021. First reports for the 2021 year are required to be submitted by 31 July 2022.

FATCA reports, where required, are filed directly to the IRS via the International Data Exchange Service (IDES).

Reporting deadline

CRS - 31 July following the reporting year

FATCA - 31 March following the reporting year

Maldives flag


Because there is no Intergovernmental agreement (IGA) between the US and Maldives, where Financial Institutions in Maldives have FATCA reportable accounts, reports are required to be submitted directly to IRS via the International Data Exchange Service (IDES). Financial Institutions are required to enroll with IDES before submitting. There are also specific requirements to encrypt the XML file before uploading to IDES. See IDES user guide for more information.

We provide a free tool for signing and encrypting the XML file ready for submission. This is included within the zip folder when you download the AEOI Hub reporting template.

Nil returns

Nil returns are not required to be submitted where the Financial Institution has no reportable accounts.


CRS reporting is to be introduced in Maldives for the first time in 2022, with submissions due by 31 July 2022 in respect of the 2021 reporting year. Information is required to be submitted in XML format, although exact details of how to report have not yet been published

Information published to date is available in the publications MIRA M847 Guide To Automatic Exchange of Information and MIRA M846 Frequenty Asked Questions - Common Reporting Standard.

CRS reportable jurisdictions

As per point 2 in the published Frequently Asked Questions, MIRA will not be publishing a list of reportable jurisdictions. Any jurisdiction other than Maldives should be considered reportable for the purposes of CRS.