The High Court’s ruling on the catastrophic fire in Henveiru, caused by the negligence of Green Path Pvt Ltd, marks a significant moment in legal accountability and public safety. This article analyzes the implications of the decision, the legal reasoning behind it, and the broader consequences for communities and corporate responsibility. Legal Accountability and Green […]
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In the evolving legal landscape of corporate regulation in the Maldives, a notable inconsistency has emerged: many government authorities, financial institutions, and private entities continue to request company seals on applications and official documents — despite the fact that the legal requirement to maintain and use a company seal was repealed under the new Companies […]
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Effective from 19 March 2025, the Fifteenth Amendment to the Tourism Act (Law No. 2/2025) brought significant reforms to the legal framework guiding tourism development in the Maldives. The amendment introduces key updates across several critical areas, including the allocation of land and lagoons, lease extension policies, redevelopment approvals, advertising regulations, and the establishment of […]
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On 27 December 2023, President Dr Mohamed Muizzu ratified the Companies Act 2023 (Law No: 07/2023), ushering in a new era of corporate regulation in the Maldives. The Act officially came into force on 1 January 2024, repealing the long-standing Companies Act of 1996, which had governed company operations in the country since its implementation […]
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On April 28, 2022, the International Tribunal on the Law of the Sea (ITLOS) issued a verdict in the maritime boundary dispute between Mauritius and the Maldives. The dispute involved the Exclusive Economic Zones (EEZ) of the Maldives and the Chagos archipelago, and the delimitation of territorial waters between Mauritius and the Maldives. The tribunal […]
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The Maldives government has gazetted a new regulation that permit resort developers to extend the designated boundary of their resorts from 500 to 1000 meters. The boundary extension fee for an additional 500 meters is set at $100,000. On March 14, 2023, the Ministry of Tourism launched the new Resort Boundary Regulations, officially known as […]
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The Importance of Corporate Governance: Ensuring Transparency, Accountability, and Ethical Behavior Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It is concerned with how a company is managed and how the interests of stakeholders, including shareholders, employees, customers, suppliers, and the wider community, are […]
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As the Maldives continues to grow in popularity as a tourism destination, the Ministry of Tourism has announced new islands for tourism lease. This announcement provides investors with the opportunity to develop and operate resorts in these pristine locations, but it also comes with legal considerations that must be taken into account. At Apex Law […]
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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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