Saeed: Trademark bill passage a historic milestone for Maldives

Economic Minister Mohamed Saeed on Monday described the passage of the Trademark bill as a historic achievement that will boost investor confidence and strengthen intellectual property protections in the Maldives.

The bill, passed by Parliament on Monday, criminalizes the importation of counterfeit goods and imposes fines of up to MVR 2 million. It marks the first time both local and foreign trademarks can be registered and protected under Maldivian law.

In a post on X, Saeed said the legislation represents a major step forward for the country’s business sector. “It also introduces provisions for registering certification and collective marks, promoting trust and quality in the Maldivian market. This aligns with President Dr. Mohamed Muizzu's vision to strengthen intellectual property protection and create an environment of confidence and opportunity for innovators, entrepreneurs, and investors,” he wrote.

The People’s Majlis has passed the Trademark Bill, a historic milestone for the Maldives! ⁰For the first time, both local and foreign trademarks can be registered and protected, strengthening intellectual property rights and boosting investor confidence.
The new Trademark Law…

— Mohamed Saeed (@em_saeed) November 10, 2025

Under the new law, trademark holders will be granted exclusive rights to use their marks in connection with goods and services. The bill also aims to ensure product authenticity, prevent misleading use of registered trademarks, and make counterfeiting a criminal offense.

Saeed noted that trademark rights will only be granted upon successful registration. Trademarks will be valid for 10 years, with the option to renew for another 10 years.

The law also empowers courts to issue interim orders to prevent trademark infringement or to preserve evidence in related cases.