Taxation in Oman is the responsibility of the Ministry of Finance (MoF) and the Secretariat General for Taxation. The framework is mainly governed by the following laws:
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Articles & Analysis | By the numbers: The system continues to adjust to changes in the tax code from The Report: Oman 2020
Chapter | Legal Framework & Tax from The Report: Oman 2020
Prior to 1971 the Sharia Courts had jurisdiction over all civil and criminal matters, as well as personal status matters in the sultanate of Oman. However, after the succession of Sultan Qaboos bin Said Al Said, the judicial system was reformed in the sultanate, and Sharia Courts currently only govern matters relating to family disputes and inheritance. The 1996 Basic Statute of the State...
Articles & Analysis | New intellectual property laws signify a move towards increased content protections in Myanmar from The Report: Myanmar 2020
With the Industrial Design and Trademark Laws enacted in January, the Patent Law enacted in March and the Copyright Law in May, the year 2019 marked the start of a significant move towards stronger intellectual property (IP) protections in Myanmar. The country previously relied on colonial-era legislation, but the implementation of these...
Interviews & Viewpoints | Cheah Swee Gim, Director, Kelvin Chia Yangon: Viewpoint from The Report: Myanmar 2020
The National League for Democracy (NLD) first entered Myanmar’s political and economic mainstream in 2015. They will, once more, contest a position in the 2020 elections. The primary focus of the government during this period has been the resolution of social issues throughout the country, notably in the border regions. With the NLD’s term...
Articles & Analysis | Liberalised legal framework improves the business climate for foreign investors in Myanmar from The Report: Myanmar 2020
The year 2019 marked the continuation of several policy shifts brought about by the 2017 Myanmar Companies Law (MCL). The authorities have begun to issue new policies in order to allow foreigners to invest in sectors that were otherwise reserved for Myanmar citizens, such as banking and trading in listed companies. Among the most notable...
Chapter | Legal Framework from The Report: Myanmar 2020
This chapter examines the legal system of Myanmar, focusing on changes arising from the Myanmar Company Law...