The Government of the Sultanate of Oman's emphasis on diversification and increased role of the non- Oil and Gas sectors in the national economy has recently led to a focus on the mining industry in the country.
Tuesday, April 16, 2013
Mining Law - Possible Value Addition Requirements
Thursday, April 11, 2013
Private Sector Minimum Wage for Omani Employees Set to Rise
In a piece of important news relevant to companies doing business in the Sultanate, it was recently announced in the local press that Oman’s Council of Ministers has decided to raise the minimum wage for Omani citizens employed in the private sector.
Labels:
Minimum Wage,
Oman's Council of Ministers,
Omani law
Monday, April 8, 2013
Reserve Funds for Omani Companies
To help ensure that Omani companies maintain a solid financial position and are able to withstand shocks to their businesses, the Commercial Companies Law contemplates varies types of legal reserve funds for companies.
Tuesday, April 2, 2013
Protecting Foreign Principals in 'Three-Way' Local Distribution Arrangements
Distribution agreements and commercial agency relationships are a common legal structure for doing business in Oman. Distribution agreements are particularly useful for selling locally within Oman goods or commodities that are produced abroad by a foreign company.
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