This edition of the PC Law Bulletin highlights key legal and regulatory updates in the Maldives, including:
- Premier Chambers Celebrates 28 Years – Marking over two decades of providing legal services in the Maldives.
- GST & TGST Hike Effective January 2023 – Parliament has passed an increase in TGST from 12% to 16% and GST from 6% to 8%, set to take effect from 1 January 2023.
- First Amendment to the Utility Regulatory Authority Act – Requires regulations on billing cycles, late payment penalties, and tenant utility meter registration by 31 January 2023.
- Tourism Lease Term Extensions Deadline – Applications for lease term extensions of up to 50 or 99 years at current fee rates must be submitted by 26 December 2022.
- Draft Regulations on Recreational Marine Activities – Proposed rules for water sports, houseboats, and submarine vessels covering licensing, safety, and penalties for non-compliance. Occupational Safety and Health Bill – A proposed workplace safety law introducing employee compensation, employer responsibilities, and penalties for violations.
- Upcoming Tax Deadlines – Key filing and payment deadlines for Green Tax, GST, Withholding Tax, and tourism lease applications in November & December 2022.
For full details, download the complete bulletin below:
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