Muscat:His Majesty Sultan Haitham bin Tarik has issued four Royal Decrees aimed at establishing and regulating the legal framework for the International Financial Centre of Oman.
According to Oman News Agency, the decrees include Royal Decree No. (102/2026), which promulgates the Operating Law in the International Financial Centre of Oman. This decree's provisions will be enforced as stipulated in Article (1), and it will be published in the Official Gazette to take effect the day after publication, as per Article (2).
The second decree, Royal Decree No. (103/2026), introduces the Regulatory Law for the Centre. Similar to the first decree, it states that its provisions will be enforced according to Article (1) and will become effective following its publication in the Official Gazette, as outlined in Article (2).
Royal Decree No. (104/2026) focuses on the Courts Law of the International Financial Centre of Oman. The decree's provisions, as indicated in Article (1), will be enforced, and it will also take effect the day after its publication in the Official Gazette, as mentioned in Article (2).
Lastly, Royal Decree No. (105/2026) addresses the application of the Complementary Tax Law to the Entities of Multinational Groups within the Centre. It follows the same procedural enforcement as the other decrees, with provisions enforced under Article (1) and enactment following publication as per Article (2).