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Premier Chambers

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Premier Chambers, established in the early 1990s, takes pride in being pioneers in the provision of professional legal services in the Maldives. Our firm has been ranked by Chambers and Partners as a Band 1, top-ranked law firm in the Maldives for the 14th consecutive year.
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Insights

Investing in the Maldives: Simplified overview of the Foreign Investment Act Legal Oct 5, 2025 Investing in the Maldives: Simplified overview of the Foreign Investment Act A comprehensive guide to the legal, regulatory, and investment landscape of the Maldives. Covering foreign investment laws, taxation, corporate governance, and market trends, this resource provides valuable insights for businesses and investors navigating opportunities in the Maldives.
Understanding Service Charge Regulations in the Maldives Legal Jun 23, 2025 Understanding Service Charge Regulations in the Maldives Service Charge Regulation (Regulation Number: 2021/R-41) is designed to ensure proper collection and fair and equal distribution of Service Charge within the tourism industry and other businesses. This guide outlines the purpose of the regulation, who is required to collect service charges, how they should be collected, and the rules for distribution and submission to authorities.
MIRA Issues New Guidance on Tax Implications of Directors’ Current Account Transactions News Apr 13, 2025 MIRA Issues New Guidance on Tax Implications of Directors’ Current Account Transactions The Maldives Inland Revenue Authority (MIRA) has released a guide examining the tax implications of transactions recorded in directors’ current accounts. This guidance reflects MIRA’s ongoing efforts to clarify the interpretation of tax laws and regulations.
MIRA releases Draft Regulation for Public Consultation: Key Changes Proposed Tax Mar 23, 2025 MIRA releases Draft Regulation for Public Consultation: Key Changes Proposed The Maldives Inland Revenue Authority (MIRA) has released the first draft of the Sixth Amendment to the Income Tax Regulation for public consultation and feedback. This draft introduces significant changes, particularly impacting businesses operating in the tourism sector. Stakeholders are encouraged to review the proposed amendments and submit their comments by Tuesday, 15 April 2025 as these changes are expected to have major tax implications moving forward.
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