This edition of the PC Law Bulletin highlights key legislative and regulatory updates in the Maldives, including:
- Second Amendment to the SME Act – Revising SME classifications based on revenue, net profit, and employee count.
- Electronic Transactions Act – Establishing a legal framework for electronic transactions and digital validations.
- Proposed Eleventh Amendment to the Tourism Act – Reducing lease rent for specific atolls and tourism developments.
- Employment Agency Regulation – Mandating licensing requirements for recruitment and manpower services, along with restrictions on employee fees.
- Upcoming Tax Deadlines – Key dates for Green Tax, GST, and Employee Withholding Tax submissions.
For more details, download the full bulletin below:
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