This edition of the PC Law Bulletin covers significant legal and regulatory developments in the Maldives, including:
- Eleventh Amendment to the Tourism Act – Changes to lease rent charges for tourism developments, revised definitions for tourism properties, and the removal of certain administrative fees.
- Regulation on the Protection of Trees – Establishing penalties for the removal of trees older than 50 years and requiring permits for palm tree relocations.
- Regulation on the Extension of Tourism Leases – Setting new rules for extending lease agreements for up to 99 years.
- Supreme Court Rulings – Key decisions on employee reinstatement rights and minority shareholder protections.
- Proposed GST and TGST Hike – The government announces plans to increase TGST to 16% and GST to 8% by January 2023.
- Upcoming Tax Deadlines – Important submission dates for Income Tax, Green Tax, and GST in July 2022.
For further details, download the full bulletin below:
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