Insights

The Maldives Government has on 16th November 2023 introduced the first amendments to the 2023 tourism regulation, ‘Regulation on Determination of Lagoon Boundary Areas of Places Leased for Tourism Purposes’ (Regulation No: R-90/2023) (“Boundary Regulation”) governing the various aspects of determining the lagoon boundary area of tourism properties and establishing

The Maldives Government has on 8th November 2023 introduced the first amendments to the 2022 tourism land rent regulation, ‘Regulation on the Payment of Land Rent to the Government for Islands, Lagoons and Lands Leased for Tourism Purposes’ (Regulation No: R-33/2022) (“Land Rent Regulation”) governing various aspects of the calculation

The Maldives Government has on 8th November 2023 introduced the first amendments to the 2022 tourism regulation, ‘Regulation on the Extension of Construction Period and Deferment of Rent and Fines of Places Leased for Tourism Purposes’ (Regulation No: R-236/2022) (“CP Extension Regulation”) governing aspects of granting extensions to the constructions

The Maldives Government has on 8th October 2023 introduced a new regulation governing the various aspects of integrated tourist resorts developed and operated on islands and tourism zones throughout the country. The ‘Regulation on the Development and Operation of Integrated Tourist Resorts’ (Regulation No: R-163/2023) (“Regulation” or New Regulation”) is

On September 14, 2023, the Ministry of Tourism (“MoT”) introduced a new regulation governing the cruising and docking of foreign tourist vessels in Maldivian waters. The ‘Regulation on the Cruising and Docking of Foreign Tourist Vessels’ (Regulation No: R-155/2023) (the “Regulation”) is issued by MoT pursuant to Section 24(b) of

On March 14th, 2023, the Ministry of Tourism introduced a fresh regulation regarding boundaries of tourist establishments. This new Regulation replaces the earlier Boundary Regulation of 2012. While the new Regulation covers similar topics, they contain some additional and modified provisions. From now on, all matters related to boundaries are

On 18 December 2022, the Government ratified the First Amendment to the Uninhabited Islands Act, which modifies the rules regarding the allocation and leasing of uninhabited islands for various purposes, including Varuva.  The Amendment clarifies the purposes for which uninhabited islands can be allocated and by whom they can be

The Government has gazetted the Sixth Amendment to the Grant of Rights Regulation on 12th February 2023, aimed at relaxing the rules for share transfers of companies operating resorts. The Sixth Amendment has revoked sections 5 and 6 of the original Regulation, which previously required parties to obtain prior consent

The Civil Court recently struck down a claim for wrongful dismissal brought by an employee who was dismissed before his employment began. The Court ruled that termination procedures and outcomes are the same during both pre-probationary and probationary periods. This may be the first time that a Maldives court has

The recent hike in the GST rate, from 6% to 8%, raises concerns for businesses about its effect on contract prices in existing contracts. This post explores the possibility of the GST rate change leading to a variation in contract price.  Background It is important to understand that there is