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Apr 13, 2025
MIRA Issues New Guidance on Tax Implications of Directors’ Current Account Transactions
The Maldives Inland Revenue Authority (MIRA) has released a guide examining the tax implications of transactions recorded in directors’ current accounts. This guidance reflects MIRA’s ongoing efforts to clarify the interpretation of tax laws and regulations.
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Mar 16, 2025
Premier Chambers Contributes to Chambers Investing in … Global Practice Guide 2025
We are delighted to be a contributor to the Chambers Investing in … Global Practice Guide 2025, offering key insights into the investment landscape in the Maldives.
News
Feb 21, 2025
MMA Releases Draft General Regulation on Foreign Currency
The Maldives Monetary Authority (MMA) has released the Draft General Regulation on Foreign Currency for public comments. This regulation outlines the additional transactions permissible to be carried out in a foreign currency, procedures for deposit and conversion requirements, and actions to be taken against non-compliance with the Foreign Currency Act (FCA).
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Mar 2, 2022
Premier Chambers LLP ranked as a Band 1 Firm once again by Chambers and Partners
We are proud and delighted to announce that we have maintained our ranking in the respected international directory, Chambers & Partners, as a ‘Band 1’ Firm once again this year, in their Global Guide 2022.
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Sep 8, 2020
The firm bids farewell to Dr. Mohamed Ibrahim
We extend our heartfelt congratulations to Dr. Mohamed Ibrahim on the parliament’s confirmation of his appointment to the post of a Supreme Court Justice!