Commercial leasing agreements are an essential part of any business operation. However, they can also be a source of legal issues if not properly drafted and negotiated. At Apex Law LLP, we specialize in commercial leasing agreements and have assisted clients in navigating the common legal issues that arise in these types of agreements. One […]
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On November 16th, the Maldives Government passed a bill proposed by the government to increase the GST tax rate for both the tourism sector and the general sector. Starting from the new year of 2023, taxpayers will be charged higher GST and TGST in the Maldives. On November 22nd, the President ratified the Goods and […]
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Industrial law, also known as labor law, is a set of legal rules and regulations that govern the relationship between employers and employees. In Maldives, industrial law is governed by the Employment Act of 2008, which outlines the rights and responsibilities of both employers and employees. Overview of Industrial Law in Maldives The Employment Act […]
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Business law is a complex area that encompasses a wide range of legal issues that can affect a company’s success. Whether you are starting a new business, managing an existing one, or planning to grow your operations, it is important to have a good understanding of the laws that apply to your industry. In this […]
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On 21 September 2022, the Maldives government gazetted the Seventh Amendment to the Employment Act (Law No 15/2022), which removed the obligation on employers to pay minimum wage to expatriate employees in accordance with the Minimum Wage Order until a compliance date is announced by the Minister of Economic Development. The establishment of the minimum […]
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Intellectual property law is a constantly evolving field that encompasses a wide range of legal issues related to the ownership and protection of intellectual property. In this blog, we will explore some of the latest legal issues in the world of intellectual property, including copyright, trademark, and patent law. Copyright Law Copyright law is an […]
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Understanding the Difference between Criminal and Civil Offences: Can a Criminal Punishment be Given for a Civil Offence? The legal system is divided into two major categories: criminal law and civil law. While criminal law is concerned with offenses against society, civil law deals with disputes between individuals or entities. It’s essential to understand the […]
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In an era of increasing global commercial activity, arbitration has become the preferred method of resolving international disputes. The Maldives, having acceded to the New York Convention in 2019, has taken steps to align its domestic legislation with international norms through the Arbitration Act of the Maldives. Enacted to facilitate a consistent legal framework for […]
Read More The enactment of the Strata Properties Act 2021 marks a significant shift in property ownership and real estate development in the Maldives, introducing a legal structure for strata properties — multi-level complexes comprising separately owned residential or commercial units with shared common areas. This modern legal framework paves the way for organized vertical living and […]
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The legal landscape for digital transactions in the Maldives has been significantly modernized with the ratification of the Electronic Transactions Act (Law No: 2/2022) in April 2022. This landmark legislation provides the legal framework for the use and acceptance of electronic and digital signatures, aiming to foster greater trust and efficiency in the nation’s growing […]
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