Abrogating

Oman Ministerial Decision No. 80/1997 dated 06/07/1997,

Amended by

Oman Ministerial Decision No. 176/2012 dated 06/06/2012

Oman Ministerial Decision No. 8/2017 dated 16/01/2017

Based on the Commercial Companies Law No. 4 of 1974 and its amendments,

Law on Regulating and Encouraging Industry promulgated by Oman Sultani Decree No. 1/1979 and its amendments,

The Corporate Income Tax Law promulgated by Oman Sultani Decree No. 47/1981 and its amendments,

The Foreign Capital Investment Law promulgated by Oman Sultani Decree No. 102/1994 and its amendments,

Mining Law promulgated by Oman Sultani Decree No. 27/2003,

Omnan Sultani Decree No. 67/2003 on the application of the Common Customs Law for the Arab States of the Gulf (GCC States),

Oman Ministerial Decision No. 79/1997 on the Controls and Procedures of Tax Exemption for Raw Materials and Intermediate Goods necessary for Industrial Establishments and its amendments,

Oman Ministerial Decision No. 80/1997 on the Controls and Procedures for Exemption from Tax and Customs Duty for Foreign Investment Projects and its amendments,

Based on the public interest requirements,