We, Qaboos bin Said, the Sultan of Oman

after perusal of Royal Decree 26/75 Promulgating the Law Governing the Administrative Apparatus of the State and its amendments,

the Commercial Companies Law 4/74 and its amendments,

Royal Decree 47/81 Promulgating the Corporate Income Tax Law and its amendments,

and Royal Decree 53/88 Promulgating the Muscat Securities Market Law,

and in pursuance of public interest,

have decreed as follows