The Capital Market Authority has suspended the implementation of an income tax on company profits and stocks to help business owners and promote investment.
The decision to reduce service fee for patents, utility models and industrial designs for students, research centres and…391 Views | the publication reaches you by | Oman News
“This decision is an effective step towards increasing incentives for more direct and indirect investments in Oman, and to turn the Sultanate into an attractive hub for investments and a strong securities market.”
The 10 per cent tax was part of Royal Decree 9/2017, under the income tax law, and affects the income from profit distribution and stock ownership in companies.
The UK and Oman will open a new joint training base in the sultanate early next year. The…397 Views | the publication reaches you by | Oman News
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Oman is a country on the Arabian Peninsula. Oman’s official religion is Islam. The coast is formed by…