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In the implementation of the Oman Vision 2040 and in response to the requirements of the capital market participants and entrepreneurs, the Executive President of the Capital Market Authority, His Excellency Abdullah Salim al Salmi, announced that the new Rules for Crowdfunding Platforms is ready and operational for those who wish to practice the business in...
Landmark gesture: The move is aimed at stimulating the economic recovery, spurring various types of crowdfunding platforms, attracting local and foreign investors, supporting SMEs and entrepreneurs, and enhancing GDP growthBUSINESS REPORTERMUSCAT, NOV 22New rules governing the operation of crowdfunding platforms in the Sultanate of Oman are now in force,...
The Federal Tax Authority (FTA) has confirmed the importance of Cabinet Decision No. (88) of 2021 to amend Article 51 of Cabinet Decision No.
The amendment allows tax registrants to avoid VAT double taxation
New law has come into effect as of October 30,2021