Sultan Haitham bin Tariq, on this date, issued four royal decrees aimed at strengthening the legal and financial infrastructure of the Oman International Financial Centre. These decrees include new laws designed to facilitate economic and financial activities in this centre.
Royal Decree No. 102/2026
Royal Decree No. 102/2026 addresses the approval of the operational law at the Oman International Financial Centre. According to Article (1) of this decree, the provisions of the operational law attached to this decree have been enacted and will come into effect from the date of its publication in the official newspaper.
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Royal Decree No. 103/2026
Royal Decree No. 103/2026 is also dedicated to the approval of the regulatory law at the Oman International Financial Centre. This decree also refers to the implementation of the provisions of the regulatory law in the financial centre according to Article (1) and emphasizes its enforcement.
Royal Decree No. 104/2026
Royal Decree No. 104/2026 addresses the approval of the court law at the Oman International Financial Centre. According to Article (1), the provisions of the court law attached to this decree have been enacted and will be effective from the date of issuance of this decree.
Royal Decree No. 105/2026
Finally, Royal Decree No. 105/2026 pertains to the application of the complementary tax law for multinational entities at the Oman International Financial Centre. According to Article (1), the provisions of the complementary tax law issued under Royal Decree No. 70/2024 have been enacted, allowing international entities to benefit from the legal advantages of this centre.
These decrees are part of Oman's developmental programs aimed at attracting foreign investments and strengthening the national economy. With the implementation of these laws, it is expected that the Oman International Financial Centre will be recognized as a reputable and attractive hub for international investors, contributing to the economic growth and prosperity of the country.
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