• Corporate Resident Visa Rules Published

    The Maldives Government has updated its corporate residency policies in a recently published set of regulations. The regulations launched on 29 August 2021 provide detailed guidance on allowing residency visas for qualifying overseas nationals.  The [...]

  • Business Visa Regulations Kick In

    The Ministry of Economic Development has brought out a new set of regulations called the Business Visa Regulations. The regulations are made under the Immigration Act and have come into effect on 25th August 2021. [...]

  • New Villa Lease Arrangements

    It was more than ten years ago that we were first asked to advise and assist a client in the organization of contractual arrangements to introduce the concept and mechanics of villa leases in the [...]

  • Lagoon Reclamation and Development Standards

    Lagoon Reclamation and Development Standards [Key words: Lagoon – Reef - Reclamation – Development - MOT standards – Policy] If you are contemplating a tourism project that may potentially include reclamation or development of structures [...]

  • The Ramadan Allowance

    We wish all Maldivians and Muslims a blessed month of Ramadan. Maldives begins the fasting month of Ramadan today on Tuesday, 13 April 2021. The Ramadan benefit Apart from the faith related significance of Ramadan, [...]

  • Buyback of government shares in JV companies

    The Ministry of Finance has introduced regulations governing the sale of government shares held in joint venture companies in the tourism sector. These regulations are made in pursuance of the Tenth Amendment to the Tourism [...]

  • Service Charge Regulations Published

    The Maldives Government has brought out the service charge regulations required under section 52 of the Employment Act. It is published on 16 March 2021. The authority responsible for its enforcement is the Labor Relations [...]

  • Covid leave for employees?

    Yes, there is a new type of leave available to all employees in the Maldives. For convenience, we will call it “Covid leave”. Covid leave refers to a set of various forms of paid leave [...]

  • SC decides rules of redundancy

    (The article touches on genuine redundancy – employment law – redundancy payment – substantive fairness – procedural fairness - compensation). In a watershed decision on 3 February 2021, the Supreme Court has finally settled the [...]

  • New Regulations for Overseas Employees Introduced

    [this article touches on employment law -  overseas employees -  regulatory framework – new requirements - change in law] The government has launched an entirely new set of regulations on the employment of overseas nationals [...]

Business Services Goes Online

Ministry of Economic Development (MED) has published an announcement stating that from 08 February 2021 onwards, the Ministry [...]

Contact US

FOR A FREE CONSULTATION

Subscribe

FOR OUR UPDATES