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Legal
Oct 5, 2025
Investing in the Maldives: Simplified overview of the Foreign Investment Act
A comprehensive guide to the legal, regulatory, and investment landscape of the Maldives. Covering foreign investment laws, taxation, corporate governance, and market trends, this resource provides valuable insights for businesses and investors navigating opportunities in the Maldives.
Legal
Jun 23, 2025
Understanding Service Charge Regulations in the Maldives
Service Charge Regulation (Regulation Number: 2021/R-41) is designed to ensure proper collection and fair and equal distribution of Service Charge within the tourism industry and other businesses. This guide outlines the purpose of the regulation, who is required to collect service charges, how they should be collected, and the rules for distribution and submission to authorities.
Legal
Feb 21, 2025
Foreign Currency Rules in the Maldives
The Maldives Monetary Authority (MMA), overseeing the implementation, has introduced rules governing the foreign convert market in the Maldives. The Regulation on Foreign Currency (Regulation No : 2024/R-91) applicable to the period October 2024 to December 2024 and Foreign Currency Act (FCA)(Act No : 2024/32) applicable thereafter, establish guidelines for managing foreign currency transactions and regulate foreign exchange market in the Maldives. Here is in brief what you need to know about the foreign currency rules in the Maldives.
Legal
Oct 31, 2024
Premier Chambers Law Bulletin - October 2024
The October 2024 PC Law Bulletin covers updates on the Foreign Investments Act, amendments to employment, company, and business registration laws, new income tax rules for USD filers, and a Supreme Court ruling on legal finality. Stay informed by downloading the full bulletin.
Legal
Aug 31, 2024
Premier Chambers Law Bulletin - August 2024
The August 2024 PC Law Bulletin covers updates on tourism lease extensions, union regulations, stricter tourism leasing requirements, and health services amendments. Stay informed on key legal developments by downloading the full bulletin.
Legal
Apr 30, 2024
Premier Chambers Law Bulletin - March & April 2024
The March-April 2024 PC Law Bulletin covers proposed amendments to the Copyright Act and Employment Act, reinstated Country-by-Country Reporting requirements, and an EPA suspension on coastal development projects. Stay informed by downloading the full bulletin.
Legal
Feb 29, 2024
Premier Chambers Law Bulletin - January & February 2024
The January-February 2024 PC Law Bulletin covers updates on the Industrial Relations Act, Occupational Safety and Health Act, revised Foreign Tourist Vessel Regulation, and tax rulings on charitable donations and GST refunds. Stay informed by downloading the full bulletin.
Legal
Dec 31, 2023
Premier Chambers Law Bulletin - November & December 2023
The November-December 2023 PC Law Bulletin covers updates on the Foreign Investments Bill, the new Companies Act, changes to tourism lease redevelopment rules, and a Supreme Court precedent on director removal. Stay informed by downloading the full bulletin.
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