Tag: Commercial Law

Apex Law LLP > Blog > Commercial Law

Government Establishes Minimum Wage

On 8 November 2021, the Ministry of Economic Development in the Maldives published the Minimum Wage Order, which established the minimum wage for Maldivian employees. The Order was made under Section 59 of Employment Act (Law No: 2/2008) and effective from 1 January 2022. The Order outlines the scope and amount of minimum wage in […]

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Why a Written Independent Contractor Agreement is Essential for Your Business

An independent contractor is a self-employed individual or company that provides services to other businesses or individuals on a project basis. They are not considered employees, and as such, are not entitled to employee benefits such as health insurance or paid time off. Independent contractors are responsible for their own taxes and expenses, and they […]

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The Legality of Agreements without Signatures

The Legality of Agreements without Signatures: Understanding the Complexities and Ensuring Enforceability The idea that an agreement must be signed to be legally binding is a common misconception. In reality, there are various ways in which agreements can be formed, and a signature is not always necessary. This is particularly true in the digital age, […]

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Investing in Maldives

Maldives is a beautiful island nation located in the Indian Ocean, known for its stunning beaches, clear blue waters, and vibrant coral reefs. With a population of around 530,000 people, Maldives has a thriving tourism industry, which accounts for a significant portion of the country’s GDP. However, the country’s economy is not limited to tourism, […]

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