Oman

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Oman’s 2092 km of coastline, rugged mountains rising to 2980 metres, and sandy deserts set the stage for a myriad of sport and adventure tourism opportunities. The landscape is unique to the GCC and offers something for everyone, whether a weekend adventurer, thrill seeker or professional athlete.

The Commercial Agency Law (Sultani Decree 26/1977, CAL) was enacted to provide a means for foreign principals to sell goods and services in Oman without a local presence, while providing protection to the investment made by Omani agents. Prior to the amendments, the CAL was protective of Omani agents with regards to renewal and termination of agency agreements....

How do you assess the legislative process in Oman, and what sort of changes would encourage more participation from foreign firms?

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 citizen’s personal liberties and public obligations. It provides that Oman’s basic principles include free market economics, cooperation between the public and private sectors, the...

Tax is a key component of Oman’s effort to move forward with its development. Foreign companies and individual investors may establish operations in one of the following forms:

How can Oman use targeted tax reform to enhance its attractiveness as an investment destination?

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