Oman Ministerial Decision No. 412/2023 On Combatting Commercial Concealment (Hidden Trade)

Pursuant to the perusal of the Commercial Register Law, Oman Law No. 3/1974;

The Commercial Law promulgated by Oman Sultani Decree No. 55/1990;

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; and

Based on the public interest requirements,

The following has been decided:

Article 1

The annexed provisions shall apply to combat Commercial Concealment.

Article 2

This Decision shall be published in the Official Gazette, and shall come into force (90) days from the date of its publication.

Issued on: 08/01/1445 H.

Corresponding to: 26/07/2023

Qais Bin Mohammed Bin Moosa Al Yousef

Minister of Commerce, Industry and Investment Promotion

This Ministerial Decision was published in the Official Gazette of the Sultanate of Oman, Issue no. 1504 dated 30/07/2023, p. 79.