We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,

the Commercial Agencies Law promulgated by Royal Decree 26/77,

the Law on Expropriation for Public Benefit promulgated by Royal Decree 64/78,

the Law on Governing and Promoting the Industry promulgated by Royal Decree 1/79,

the Land Law promulgated by Royal Decree 5/80,

Royal Decree 5/81 Governing the Usufruct of the Lands of the Sultanate,

the Commercial Law promulgated by Royal Decree 55/90,

Royal Decree 57/93 Promulgating the Provisions Governing Gulf Investment

the Foreign Capital Investment Law promulgated by Royal Decree 102/94,

the Financial Law promulgated by Royal Decree 47/98,

Royal Decree 67/2003 Applying the Unified Customs Law of the Cooperation Council for the Arab

States of the Gulf,

the Law (Statute) of the Standard Industrial Organisation of the Gulf Cooperation Council for the

Arab States of the Gulf promulgated by Royal Decree 61/2008,

the Income Tax Law promulgated by Royal Decree 28/2009,

the System of the Public Authority for Investment Promotion and Export Development

promulgated by Royal Decree 35/2012,

Royal Decree 11/2017 Determining the Competences of the Ministry of Commerce and Industry and

Approving its Organisational Structure,

and the Commercial Companies Law promulgated by Royal Decree 18/2019,

and after presentation to the Council of Oman,

and in pursuance of public interest,

have decreed as follows