Tourism, Resort & Hospitality Development

We support clients through every stage of tourism and hospitality projects, from acquisition and construction to financing and operations. Our expertise spans regulatory compliance with the Ministry of Tourism to ensure that every aspect of your project is both legally sound and commercially viable. Additionally, we offer comprehensive guidance on hotel management and franchise agreements, helping clients secure favorable terms with luxury resort operators and international hotel chains. By aligning local stakeholder interests with global hospitality standards, we empower clients to achieve success in the competitive tourism industry.

Banking & Finance

Our team advises on banking and finance matters, including loan structuring, secured financing, and financial products. We offer comprehensive solutions for project finance, real estate finance, and corporate loans, ensuring compliance with local laws and global standards.

Tax Advisory & Compliance

We provide expert advice on tax planning, structuring, and compliance, helping clients minimise tax liabilities while ensuring full compliance with MIRA regulations.

Real Estate & Property Transactions

We handle real estate transactions including property sales, leases, and development contracts. Our expertise ensures seamless property transfers, risk mitigation, and regulatory compliance for both domestic and international clients.

Corporate & Commercial Law

We offer strategic advice on mergers, acquisitions, joint ventures, and corporate governance. Our legal solutions help businesses grow, restructure, and operate smoothly, while protecting their interests.

Litigation & Dispute Resolution

Our team offers expert representation in litigation and dispute resolution across the tourism, banking, tax, corporate, and commercial sectors. We are dedicated to protecting our clients’ interests, whether through strategic advocacy in court or effective negotiation and mediation outside it. With a deep understanding of the Maldivian regulatory landscape, we provide tailored legal solutions to navigate complex disputes and achieve favorable outcomes in high-stakes matters.

Tourism Resort Development Financing

Successfully represented the leasehold owner of an island in Kaafu Atoll in securing a USD 25 million loan facility from a major financial institution. The financing was designated for the development of a luxury tourist resort, involving the comprehensive negotiation and structuring of financing and security agreements. (2024)

Luxury Resort Redevelopment Financing

Represented a leading financial institution in providing a USD 4.4 million loan facility for the redevelopment of a luxury resort in Malé Atoll. Our role included drafting and negotiating facility agreements, sublease and head lease mortgages, personal guarantees, and other related legal documentation. (2024)

Market-First Principal-Guaranteed Structured Deposit

Advised a prominent bank on the structuring and closing of an MVR 200 million principal-guaranteed structured term deposit, linked to a MVR 200 million term loan facility. This groundbreaking transaction underscores our commitment to delivering innovative financial solutions within the Maldivian market. (2024)

Resort Property Foreclosure

Assisted a leading bank in the foreclosure of a renowned island resort in North Ari Atoll. Our involvement included drafting tender documents, negotiating the foreclosure sale and purchase agreement, and liaising with the Ministry of Tourism to finalise the foreclosure deed of assignment, ensuring a seamless asset recovery for the lender. (2024)

Island Acquisition & Foreign Investment Structuring

Represented an international company in acquiring an island in Huvadhu Atoll for tourism development. This assignment included forming a foreign investment company in the Maldives, securing regulatory approvals, and structuring the transaction to ensure full legal compliance. (2023)

Resort Island Sale Transactions

• Acted for the owners in a high-value sale transaction of a prominent island in Ari Atoll, managing the negotiation and preparation of sale and purchase agreements. (2023)
• Advised on the sale of leasehold rights for a major island in Baa Atoll, conducting thorough legal due diligence, contract negotiations, and obtaining regulatory approvals. (2023)

Tourism Resort Development Financing

Successfully represented the leasehold owner of an island in Kaafu Atoll in securing a USD 25 million loan facility from a major financial institution. The financing was designated for the development of a luxury tourist resort, involving the comprehensive negotiation and structuring of financing and security agreements. (2024)

Joint Venture Formation for Resort Development

Facilitated the creation of a joint venture between local and international investors for a luxury resort development in Noonu Atoll. Our services included drafting joint venture agreements and negotiating terms to secure the long-term interests of all parties. (2023)

Hotel Management Agreements

• Advised and assisted in the execution of hotel management agreements between local developers and an international hotel chain for a resort in Noonu Atoll, securing favorable terms for local stakeholders. (2023)
• Negotiated a hotel management agreement for a resort in Huvadhoo Atoll, aligning the interests of local developers with an internationally recognised hotel operator. (2023)

Employment Dispute Settlement

Provided advisory services to a major airline regarding the settlement of a high-profile employment dispute, ensuring compliance with complex labor laws and facilitating an efficient resolution with minimal operational impact. (2023)

Litigation

Hotel Development Land Dispute Successfully represented a client in a land use dispute between a local council and the Ministry of Tourism, related to tourism development. The case was decided in favor of our client. (2023)