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OMN-1994-L-42164
Breadcrumb
Title_of_text
Foreign Capital Investment Law (Royal Decree No. 102/94).
Main Region
First Region
Country(ies)
Oman
Subjects (Classification)
Economic and social policy
Adopted on (Date of text)
1994-10-16
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Sets conditions for the granting of licenses by the Ministry of Commerce and Industry to non-Omanis in order to participate in Omani companies. With certain exceptions, the foreign share of an Omani company shall be less than 49 per cent. The granting of licenses is also subject to environment, health, safety and other standards (s. 7).
Serial region
Serial title
Middle East Executive Reports
Date
1994-12
Volume
Vol. 17
Number
No. 12
Page range
pp. 19-21