The Sultanate of Oman is the longest continually independent
Arab country in modern history, having marked the 45th anniversary
of its establishment last year. Looking to the future the
Sultanate's long term strategy, Vision 2020 seeks to support
growth, to diversify away from oil and gas and to create employment
opportunities for Omanis in the private sector.
The Report: Oman, produced annually by global publishing,
research and consultancy firm Oxford Business Group (OBG), offers
economic intelligence on the Sultanate, providing international
companies with comprehensive analyses of macroeconomic and sectoral
developments. In 2016 Dentons has continued its partnership with
the OBG, exploring aspects of Oman's legal
framework.
The driving force behind Vision 2020 has led to various incentives
being made available for inward investment. In his annual
Viewpoint insight, Managing Partner Paul Sheridan explores
the opportunities for foreign investors if a proposed reform of the
Foreign Direct Investment Law goes ahead.
Additionally the Dentons team provides an overview of the business
environment for foreign investors, explores the different
legislation governing companies in Oman and considers the
implications of the new set of competition regulations.
Click here to download the overview.
About Dentons
Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.