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MALDIVES TOURISM PROMOTION BOARD<br />
REPUBLIC OF MALDIVES<br />
Ref no. MTPB/2011/115 30 January 2011<br />
REQUEST FOR PROPOSALS<br />
<strong>Maldives</strong> Tourism Promotion Board (MTPB) is a fully financed government organization established by a<br />
decree of the president of the <strong>Maldives</strong> on 1 February 1998. The main function of the organization is to<br />
undertake all the activities to promote the <strong>Maldives</strong> as a tourist destination. We have participated in all<br />
the major exhibitions worldwide in order to promote the destination.<br />
MTPB is inviting interested parties to provide the services of the VAT refund in Italy for the invoices that<br />
we have paid in order to participate in the BIT Fair and TTG in 2010.<br />
If you are interested to provide the services please send your application via email to the address below<br />
before 1400 hours on 3 rd February 2011<br />
Mohamed Adam<br />
Deputy Director<br />
mode@visitmaldives.com<br />
Also please send the following details below.<br />
1. The commission/fee that you charge in order to get full refund for each invoice<br />
2. A written document from the VAT authorities that you are eligible/registered to claim the VAT.<br />
3. Inform the number of years you have been servicing in <strong>this</strong> industry<br />
4. List of tourist board that you have worked in the past 5 years.<br />
5. Proof of your service from at least 2 tourist boards<br />
6. Type of service ‐ Full Audit or Self Audit services<br />
4a Full Audit Service<br />
Under <strong>this</strong> service, your staff would conduct on site retrieval of documentation. In <strong>this</strong> service,<br />
your staff is required to locate and extract all relevant and eligible VAT invoices and replace the<br />
originals with a photocopy and stamp them “original invoices removed for VAT reclaim<br />
purposes”. This would mean that your staff would spend time retrieving, photocopying and<br />
collating the necessary documentation from the relevant <strong>file</strong>s. Based on original invoices<br />
received from MTPB, you should handle the necessary documentation for VAT reclaim; make<br />
VAT reclaim submission to the respective tax authorities. You will also attend to tax query from<br />
the tax authorities with regards to the claim. You will update our organization on the submission<br />
via status reports. This alleviates the hassle and waste of staff’s time within MTPB and makes the<br />
service a truly outsourced one. The service also allows for the full level of skills and expertise to<br />
be employed at MTPB. In <strong>this</strong> service your professional staff does the work and do not rely on<br />
our organization’s staff to understand the detailed foreign VAT legislation.<br />
4 th Floor, H.Velaanaage, Ameer Ahmed Magu, Male’ 20094 Phone: +960 332 3228, Fax: +960 332 3229,<br />
e-mail, mtpb@visitmaldives.com, www.visitmaldives.com
4b Self Audit Service<br />
The second type of service is the self audit service where your staff together with MTPB actively<br />
works to recover the International VAT. Your organization’s staff will be required to collate, sort<br />
and organize all the necessary documentation involved in <strong>this</strong> process when we send the<br />
relevant documents (invoices) . You would then collect the ready prepared invoices, verify and<br />
check the work done and process the claims. This service should also incorporate detailed<br />
planning and advising on International VAT issues.<br />
Regards<br />
Mohamed Adam<br />
Deputy Director<br />
Vat Refund List 2010 (ITALY)<br />
ITALY<br />
TTG<br />
BIT<br />
Vendor Payment for Amount Vat<br />
Original /<br />
Copy<br />
Fiera Milano ITB Stand Hire Eur 45,420 Eur 7,570 Original<br />
Fiera Milano BIT Registration & Insurance Eur 100.80 Eur 16.80 Original<br />
Mtrix Allestimenti BIT Stand Construction 50% Eur 36000 Eur 6000 Copy<br />
Mtrix Allestimenti BIT Stand Construction 50% Eur 36000 Eur 6000 Copy<br />
Fiera Milano BIT Bag sponsorship Eur 39000 No Vat Copy<br />
TTG Italia Additional Co‐Exhibitor Registration Eur 1,836.00 Eur 306.00 Copy<br />
Xocil Events TTg Stand Space Eur 15,600 Eur 2,600 Copy<br />
TTG Italia TTG Stand Construction Eur 16,080 Eur 2680.00 Copy