Royal Decree 27/2019 regarding Scientific Zones and Other Specialised Zones

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,

Royal Decree 5/81 Governing the Usufruct of Lands of the Sultanate for Foreigners and Companies,

the Foreign Capital Investment Law promulgated by Royal Decree 102/94,

Royal Decree 67/2003 Applying the Unified Customs Law of the Cooperation Council for the Arab States of the Gulf,

the Law of the Research Council promulgated by the Royal Decree 30/2010,

and the Commercial Companies Law promulgated by Royal Decree 18/2019,

and in pursuance of public interest,

have decreed as follows

Article I

Scientific zones subordinate to the Research Council, and any scientific or other specialised zones, shall be established upon the approval of the Council of Ministers. Establishments and companies operating in these zones shall enjoy exemption, incentives, and facilities stipulated in the attached annex.

Article II

All that is contrary to this decree, and the annex attached to it, or is in conflict with their provisions, is hereby repealed.

Article III

This decree shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 18 Sha’ban 1440
Corresponding to: 24 April 2019

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1290 issued on 28 April 2019.