The Maldives Inland Revenue Authority (MIRA) has honoured the country’s 15 highest taxpayers with its newly introduced Ran Fanara Award, recognising their contributions to the national economy.

The awards were presented during a ceremony marking MIRA’s 15th anniversary, with Minister of Finance and Planning Moosa Zameer officiating as chief guest. The recipients were acknowledged for their tax contributions between 1 January 2011 and 30 June 2025.

This year’s honourees include Bank of Maldives, Dhiraagu, I&T Management, Itaafushi Investment, Kasa Holdings, Kuredu Holdings, Maldives Airports Company Limited (MACL), Ooredoo Maldives, Qatar Airways, Reethi Rah Resort, State Bank of India, State Trading Organisation (STO), Trans Maldivian Airways (TMA), Universal Enterprises, and Villa Shipping and Trading.

MIRA stated that the criteria and procedures for determining awardees have been publicly disclosed, although the exact amounts paid by each taxpayer were not revealed. The Ran Fanara initiative aims to encourage voluntary compliance and recognise the role of major taxpayers in supporting Government revenue.

In addition to corporate recognition, the ceremony also celebrated MIRA’s staff achievements. Long-serving employees with 10 and 15 years of service were presented with special awards, and the ‘Staff of the Year’ title for 2024 was also announced.