Licence fee waiver to over 1,000 companies in Oman to mitigate COVID-19 pandemic impact
By: ONA
The exemptions cover manufacturing industries, agricultural and fisheries, services and logistics activities, tourism and transport.
Muscat: More than 1,000 companies have been exempted from the payment of government licence fee, affirmed the SMEs Development Authority.
The SMEs Development Authority said that 1,088 firms have got exemption from licence fee as part of the Oman Vision 2040 pursuant to the Royal Directives of His Majesty Sultan Haitham Bin Tarik.
The incentives have been offered during 2021 to mitigate the impacts of COVID-19 pandemic on the SMEs.
The exemptions cover manufacturing industries, agricultural and fisheries, services and logistics activities, tourism and transport.
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Citizens praise Oman s OMR100mn social security initiative
By: Times News Service
The Social Security Scheme has been endorsed by His Majesty Sultan Haitham Bin Tarik, said the Ministry of Finance.
Muscat: Omani citizens have welcomed the Social Security Scheme launched by the Ministry of Finance, with the endorsement of His Majesty Sultan Haitham Bin Tarik.
Hilal Al Amrani, a businessman from Wilayat Sohar in North Al Batinah, said the initiative showed the efforts being taken by the government to help local businesses during the challenging times of the pandemic.
“When you find His Majesty issuing these decisions, you realise that our Sultan and the government have great interest in supporting businesses and SMEs to help them overcome the difficulties we currently face,” he said.