President Dr Mohamed Muizzu has ratified the Trademark Bill, marking the establishment of a comprehensive legal framework for trademark registration and protection in the Maldives.
The bill, which was unanimously passed by the People’s Majlis during its sitting on 10 November, introduces clear mechanisms to safeguard the rights of local and foreign trademark owners, prevent counterfeiting, and strengthen intellectual property enforcement.
Under the new law, trademarks are defined as any sign capable of distinguishing one party’s goods or services from another’s, including names, letters, numbers, colours, and figurative elements, or combinations of these. It outlines both civil and criminal measures against infringement, with penalties for counterfeiting offences ranging from MVR 100,000 to MVR 2 million. Courts are also empowered to issue interim orders to prevent infringement or secure evidence, while customs authorities may seize suspected counterfeit imports.
The Act further requires trademark owners to re-register their marks within 12 months from the date it comes into force, ensuring consistency under the new system. All relevant authorities must publish the accompanying regulations and guidelines within six months of enforcement.
Economic Minister Mohamed Saeed described the ratification as a historic step for the country, noting that it will enhance investor confidence and create a more secure environment for businesses, manufacturers, and creative industries.
The Trademark Act has now been published in the Government Gazette and will come into effect 12 months from its date of publication.
