S&A featured on the Chambers Global Practice Guide on International Arbitration 2021

S&A featured on the Chambers Global Practice Guide on International Arbitration 2021

S&A Lawyers LLP is proud to be a contributing firm to the International Arbitration Guide 2021 with Chambers Global Practice Guides. Our chapter insight outlines the Laws and Regulations and Key
S&A featured on the Chambers Global Practice Guide on Employment 2021

S&A featured on the Chambers Global Practice Guide on Employment 2021

S&A Lawyers LLP is delighted to be a contributing firm to the Employment Guide 2021 with Chambers Global Practice Guides. Our commentary on the Employment sector in Maldives provides expert
Court Refuses Parallel Claim in Favour of Arbitration

Court Refuses Parallel Claim in Favour of Arbitration

SPH Private Limited (“SPH”) had terminated a hotel management agreement with Jumeirah Management Services (Maldives) Pvt Ltd (“Jumeirah”). Jumeirah commenced arbitration proceedings at the Singapore
Asia Law Profile Rankings 2022

Asia Law Profile Rankings 2022

We are pleased to announce that S&A Lawyers LLP has been ranked as a Highly Recommended law firm in the Maldives by Asia Law Profiles in its 2022 rankings. S&A Lawyers LLP has been ranked in
Country by Country Report (CbCR) Regulations

Country by Country Report (CbCR) Regulations

On 20 January 2021, the Maldives Inland Revenue Authority (“MIRA”) issued the Country-by-Country Reporting Regulation requiring annual country-by-country reporting (“’CbCR”) for Multinational
Draft of Civil Procedure Code

Draft of Civil Procedure Code

Suood Anwar & Co has submitted the completed draft of Country’s first Civil Procedure Code.
Arbitration History Made!

Arbitration History Made!

For the first time in the Maldives, a foreign arbitral award has been directly enforced in the Maldives. In the case of International Construction Consortium v Gasveli Island Pvt. Ltd (1197/CV-C)
Maldives to revamp its tax regime together with the introduction of Personal Income Tax

Maldives to revamp its tax regime together with the introduction of Personal Income Tax

On 15 October 2019, the Government of Maldives submitted Income Tax Bill (“ITB”) to the Parliament. Once the Bill is passed by the Parliament and ratified by the President, it would introduce
Shahdy Anwar appointed to the Council of the Maldives National University

Shahdy Anwar appointed to the Council of the Maldives National University

Mohamed Shahdy Anwar has been appointed as the member representative from the legal profession to the University Council of the Maldives National University. The University Council is the University
Director’s Remuneration No Longer Constitutes a Business Income

Director’s Remuneration No Longer Constitutes a Business Income

Pursuant to the first amendment to the Tax Ruling TR-2018/B65 (amended via TR-2019/B69 issued on 21 March 2019), amounts payable by a company, a trustee or a partnership as remuneration, as defined