Legal Framework
From The Report: Oman 2013
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With Curtis, Mallet-Prevost, OBG outlines the key corporate, foreign investment, labour and property laws relevant to companies doing business locally in Oman. This includes an overview of Omani corporate law and the legal structures for doing business.

The chapter also features a viewpoint with Bruce B Palmer, Managing Partner in Oman, Curtis, Mallet-Prevost.

Articles from this Chapter

Overview

The essentials: Key corporate, foreign investment, labour and property laws relevant to companies doing business locally
OBG
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The fundamental legal framework of the sultanate is laid out in the Basic Statute of the State (Royal Decree 101/1996, as amended), which is essentially Oman’s constitution. All primary legislation is issued by His Majesty the Sultan pursuant to royal decrees, which are published in the bimonthly Official Gazette. Secondary legislation, typically ministerial decisions, is issued and implemented through the government, and published in the Official Gazette. The sultanate has a three-level court…

Viewpoint

Bruce B Palmer, Managing Partner in Oman, Curtis, Mallet-Prevost, on international trade agreements and FDI
OBG
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Over the past 42 years of Oman’s development and modernisation under Sultan Qaboos bin Said Al Said, the oil and gas sector has powered the economy, contributing the largest share of national revenue. In recent years, however, there has been growing recognition that Oman must reduce its dependence on hydrocarbons and diversify its economy. This is reflected in the sultanate’s Vision 2020 master plan for economic development, which calls for strengthening sectors in which Oman has a natural competitive…