Oman Ministerial Decision No. 361/2023 On the Simplification of the Investment Procedures and Facilitation of Measures for Investors
Based on the Foreign Capital Investment Law issued by Oman Sultani Decree No. 50/2019;
Oman Sultani Decree No. 97/2020 amending the name of the Ministry of Commerce and Industry to become Ministry of Commerce, Industry and Investment Promotion, determining its competencies and approving its Organisational Structure;
The Implementing Regulation of the Foreign Capital Investment Law issued by Oman Ministerial Decision No. 72/2020;
After the approval of the Council of Ministers; and
Based on the public interest requirements,
The following was decided:
Article 1
The annexed provisions shall apply for the simplification of the investment procedures and the facilitation of the measures related to investors.
Article 2
Any provisions deemed contrary to or inconsistent with the provisions of this Decision shall be abrogated.
Article 3
The present Decision shall be published in the Official Gazette, and shall come into force from the day following the date of its publication.
Issued on: 18/11/1444 H.
Corresponding to: 07/06/2023
Qais Bin Mohammed Bin Moosa Al Yousef
Minister of Commerce, Industry and Investment Promotion