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

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.

Premier Chambers Contributes to Chambers Investing in … Global Practice Guide 2025

News Mar 16, 2025 Premier Chambers Contributes to Chambers Investing in … Global Practice Guide 2025 We are delighted to be a contributor to the Chambers Investing in … Global Practice Guide 2025, offering key insights into the investment landscape in the Maldives.

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