Cash Declaration Limit Changed

The Maldives Monetary Authority, on 17 January 2019, published the first amendment to the Regulation on Cross Border Currency Declaration Amount. The changes introduced now require passengers travelling with USD 20,000 or more, and are travelling…

Fourth Amendment to the Regulation on the Operation of Guesthouses

The Fourth Amendment to the Regulation on the Operation of Guesthouses was published on 30 December 2021, beginning a new chapter for Maldivian tourism sector. Under the Amendment, it is now permitted to establish homestay tourist guesthouses in residential…

Maldives Energy Act

The law introduces a new licensing regime to regulate the energy sector of Maldives and repeals the Utility Services Act

Establishment of a Minimum Wage

This Advisory summarises the imperative aspects of the Minimum Wage Order gazetted by the Ministry of Economic Development on 8 November 2021.

General Employment Regulation

This Advisory summarises the imperative aspects of the General Employment Regulation gazetted by the Ministry of Economic Development on 9 May 2021.

Elections Commission v Mohamed Zahir

A case considering whether a breach of a regulation formulated by a state institution affects the validity of a contract with a third party. The Court also provided guidance regarding the presumption of bad faith of a contractual party.