We, Haitham bin Tarik, Sultan of Oman,

After perusal of the Basic Statute of the State,

and the Commercial Agencies law promulgated by Royal Decree No. 26/77,

the Lands Law promulgated by Royal Decree No. 5/80,

Royal Decree No. 5/81 Regulating the usufruct of Lands of the Sultanate of Oman,

the Foreigners’ Residency Law promulgated by Royal Decree No. 16/95,

the Real Estate Registry System promulgated by Royal Decree No. 2/98,

the Free Zones Law promulgated by Royal Decree No. 56/2002,

Royal Decree No. 67/2003 Implementing the Unified Customs Law of the Gulf Cooperation Council States,

the Income Tax Law promulgated by Royal Decree No. 28/2009,

the Commercial Companies Law promulgated by Royal Decree No. 18/2019,

the Foreign Capital Investment Law promulgated by Royal Decree No. 50/2019,

Royal Decree No. 105/2020 Establishing the Public Authority for Special Economic Zones and Free Zones and Determining Its Competences,

the Value Added Tax Law promulgated by Royal Decree No. 121/2020,

the Labour Law promulgated by Royal Decree No. 53/2023,

and after presentation to the Council of Oman,

and in pursuance of public interest,

Have decreed as follows