What do you see as the most significant impact over the coming years of the introduction of Basel III regulations in Oman?
Oman
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Articles & Analysis | Rundown of legislation governing companies in Oman from The Report: Oman 2016
The 1996 Basic Statute of the State (also referred to as the Basic Law) sets out the legal structure of Oman and the 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 private...
Interviews & Viewpoints | Paul Sheridan, Managing Partner, Dentons, on foreign direct investment in Oman: Viewpoint from The Report: Oman 2016
The goals of Oman’s current long-term strategy, Vision 2020, are to support growth, diversify away from oil and gas, and create employment opportunities for Omanis. Attracting inward foreign investment is a major factor in achieving these goals. Oman’s current legislation on foreign investment (the Foreign Capital Investment Law, or FCIL) was...
Articles & Analysis | Oman's new competition regulations come into force from The Report: Oman 2016
The new Competition Protection and Monopoly Prevention Law (the Competition Law), which was published in December by Sultani Decree No. 67 of 2014, raises important compliance issues for companies doing business in Oman.
Interviews & Viewpoints | Kenneth Macfarlane, Country Senior Partner, PwC: Interview from The Report: Oman 2016
In your opinion, what is the feasibility of introducing new taxes to the sultanate in order to strengthen the country’s fiscal position? How will this affect the region?
Articles & Analysis | Oman's taxation framework accounts for diverse corporate structures from The Report: Oman 2016
A range of tax regulations exists in Oman and varies according to organisational type and provenance.