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Oman: Measures to encourage foreign investment

Oman: Measures to encourage foreign investment

The authorities have started evaluating foreign investments for approval in setting up 100% foreign-owned companies in Oman under the new Foreign Capital Investment Law (RD 50/2019).


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The new foreign investment law—effective beginning January 2020—includes the following features:

  • The rules allow 100% foreign investment (previously 70%) for all activities except those that are specifically identified on a “negative list.”
  • The negative list and other implementing rules are expected to be released by July 2020.
  • The minimum share capital requirement (OMR 150,000 or approximately U.S. $389,000) under the previous rules is no longer required.

Read a February 2020 report prepared by the KPMG member firm in Oman

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