Oman

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Efforts are under way in Oman to construct a number of new hospitals and health centres to help meet the growing demands being placed on the national health care system. In 2015 nearly 326,000 patients received treatment and around 102,000 surgical operations were performed in Oman, which has a population of roughly 4.5m, according to...

 

Increasing the number of Omani nationals working in the private sector, coupled with the need to increase foreign direct investment and thereby generate job opportunities for Omanis, have been twin debate points in the public and private sector business community in recent years. Relevant data published by the National Centre for Statistics...

 

The 1996 Basic Statute of the State (also referred to as the Basic Law) sets out the legal structure of Oman and the respective functions of the executive and the judiciary, as well as citizens’ personal liberties and public obligations. It provides that Oman’s basic principles include free market economics, cooperation between the public and...

 

A range of tax regulations exists in Oman and varies according to organisational type and provenance.

 

Decreased revenue flows from oil and gas exports are prompting GCC states to look to diversify their economies and income streams and to consider other forms of taxation with increasing urgency. Oman’s tax authorities are focusing on increasing their tax revenues, and may be seen to be applying the current tax legislation more rigorously than...

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