Category: Royal Decree

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

and the Riyadh Arab Agreement for Judicial Cooperation signed on 6 April 1983,

and in pursuance of public interest,

have decreed as follows

Article I

The mentioned agreement is hereby ratified.

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 22 Muharram 1420
Corresponding to: 8 May 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 647 issued on 15 May 1999.

Arabic We, Qaboos bin Said, the Sultan of Oman after perusal of the Basic Statute of the State issued by Royal Decree 101/96, and the Agreement for the Avoidance of Double Taxation on Income Derived From International Air Transport Between the Government of the Sultanate of Oman and the Government of the Kingdom of Sweden signed in Muscat on 8 July 1998, and in pursuance of public interest,

have decreed as follows

Article I

The mentioned agreement is hereby ratified.

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance. Issued on: 22 Muharram 1420 Corresponding to: 8 May 1999

Qaboos bin Said Sultan of Oman

Published in Official Gazette 647 issued on 15 May 1999.

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

the Oil and Minerals Law issued by Royal Decree 42/74,

Royal Decree 10/78 Approving the Assignment by Alf Sumitomo Group of Part of Its Stake in the Petroleum Agreement Signed on 14 May 1975 to Wintershall,

the collection of documents by which the companies constituting Alf Sumitomo Group assigned all their rights and obligations in the petroleum agreement signed on 14 May 1975 to MB Petroleum Services, which accepts this assignment,

and the letter of the Minister of Oil and Gas dated 14 April 1999 approving the assignment,

and in pursuance of public interest,

have decreed as follows

Article I

The assignment by Alf Sumitomo Group of all its rights and obligations in the mentioned petroleum agreement signed on 14 May 1975 to MB Petroleum Services is hereby approved.

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 19 Muharram 1420
Corresponding to: 5 May 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 647 issued on 15 May 1999.

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

the Border Agreement Between the Sultanate of Oman and the United Arab Emirates in the Border Sector Extending From Umm Al-Zumul to Eastern Uqaidat,

and the two annexes to the mentioned agreement and the list of coordinates attached to it,

and in pursuance of public interest,

have decreed as follows

Article I

The Minister of Interior is hereby authorised to sign the two annexes to the mentioned agreement and the list of coordinates attached to it.

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 15 Muharram 1420
Corresponding to: 1 May 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 647 issued on 15 May 1999.

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

and the Memorandum of Understanding Between the Government of the Sultanate of Oman and the Government of the United Kingdom of Great Britain and Northern Ireland on the British Council signed in Muscat on 10 February 1999,

and in pursuance of public interest,

have decreed as follows

Article I

The signing Memorandum of Understanding Between the Government of the Sultanate of Oman and the Government of the United Kingdom of Great Britain and Northern Ireland on the British Council signed in Muscat on 10 February 1999 is hereby approved.

Article II

The mentioned memorandum of understanding is hereby ratified.

Article III

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 8 Muharram 1420
Corresponding to: 24 April 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 646 issued on 1 May 1999.

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

the Oil and Minerals Law issued by Royal Decree 42/74,

Royal Decree 56/95 Approving the Petroleum Agreement Signed on 9 July 1995,

the letter of the Minister of Oil and Minerals dated 18 February 1997, acknowledging the assignment by Total Oman Company of all its rights and obligations in the petroleum agreement signed on 9 July 1995 to its subsidiary Total Exploration Oman,

the contract dated 30 October 1998 by which Total Exploration Oman assigned 20% of its rights and obligations in the petroleum agreement signed on 9 July 1995 to Oil India Limited, which accepts this assignment,

and the letter of the Minister of Oil and Gas dated 23 February 1999 approving the assignment,

and in pursuance of public interest,

have decreed as follows

Article I

The assignment by Total Exploration Oman of 20% of its rights and obligations in the mentioned petroleum agreement signed on 9 July 1995 to Oil India Limited is hereby approved. The final shares of the parties to the agreement are as follows:

Total Exploration Oman Company 80%

Oil India Limited 20%

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 8 Muharram 1420
Corresponding to: 24 April 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 646 issued on 1 May 1999.

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

the Oil and Minerals Law issued by Royal Decree 42/74,

and the petroleum agreement between the Government of the Sultanate and Shell Deepwater Oman BV signed on 9 March 1999 between the Minister of Oil and Gas on behalf of the Government of the Sultanate of Oman and the mentioned company,

and in pursuance of public interest,

have decreed as follows

Article 1

The mentioned petroleum agreement signed on 9 March 1999 between the Government of the Sultanate of Oman and Shell Deepwater Oman BV is hereby approved.

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 8 Muharram 1420
Corresponding to: 24 April 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 646 issued on 1 May 1999.

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

and Royal Decree 9/98 Adopting the Service System for the Officers of the Internal Security Service,

and in pursuance of public interest,

have decreed as follows

Article I

Brigadier General Abdullah bin Hamad bin Saleh Al-Shuaili, Assistant Head of the Internal Security Service, is hereby promoted to the rank of Major General.

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 17 Dhu Al-Hijja 1419
Corresponding to: 3 April 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 645 issued on 18 April 1999.

Arabic

We, Qaboos bin Said, the Sultan of Oman

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

Royal Decree 47/81 Issuing the Corporate Income Tax Law and its amendments,

and the Capital Market Law issued by Royal Decree 80/98,

and in pursuance of public interest,

have decreed as follows

Article I

The text of paragraph 3 of the second schedule attached to the mentioned Corporate Income Tax Law is hereby replaced with the following text:

3. The tax rates for Omani companies wholly owned by Omanis must be determined in accordance with the following:

– The first thirty thousand Rial of taxable income—Exempt.

– Any excess of taxable income—12%.

Article II

The text of paragraph 4 of the second schedule attached to the mentioned Corporate Income Tax Law is hereby replaced with the following text:

4. For a mixed Omani company:

(a) Public joint stock companies: The tax rates must be determined in accordance with paragraph 3 of this schedule.

(b) Other companies:

1. Companies in which Omanis own 51% or more of their capital: The tax rates must be determined in accordance with paragraph 3 of this schedule.

2. Companies in which Omanis own less than 51% of their capital: The tax rates must be determined as follows:

– The first thirty thousand Rial of taxable income—Exempt.

– The next one hundred thousand Rial of taxable income—15%.

– The next one hundred and fifty thousand Rial of taxable income—20%.

– Any excess of taxable income—25%.

Article III

A new paragraph 4bis is hereby added to the second schedule attached to the mentioned Corporate Income Tax Law, with the following text:

4bis. For Omani companies in which the share of non-Omanis reaches 100% of their capital: The tax rates must be determined in accordance with the first paragraph and paragraph 1 of this schedule.

Article IV

A new paragraph 4bis(1) is hereby added to the second schedule attached to the mentioned Corporate Income Tax Law, with the following text:

4bis(1). For investment funds established in accordance with the mentioned Capital Market Law: The tax rates specified in paragraph 3 of this schedule must be applied.

Article V

The phrase “the rates provided in the first paragraph and paragraph 1 of the second schedule attached to the Corporate Income Tax Law” is hereby replaced with the phrase “the second schedule attached to the Corporate Income Tax Law” wherever it occurs in the applicable laws and royal decrees.

Article VI

All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.

Article VII

This decree must be published in the Official Gazette, and comes into force from the date of its publication, with the exception of articles I, II, III, and IV, which come into force from tax year 1999.

Issued on: 29 Dhu Al-Qa’dah 1419
Corresponding to: 17 March 1999

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 644 issued on 3 April 1999.