Tag: Maldives

Apex Law LLP > Blog > Maldives

International Tribunal on the Law of the Sea (ITLOS) concludes on Mauritius v Maldives EEZ dispute

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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Maldives Allows Resort Boundary Extension from 500m to 1000m

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

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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Maldives to lease new islands for tourism development

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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Maldives Government Increases GST Tax Rate

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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Understanding Industrial Law in Maldives

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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Bussiness Law 10 Common Questions

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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Amendment to Employment Act Removes Minimum Wage Obligation for Expatriate Employees

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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Exploring Intellectual Property Law

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

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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