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Construction projects in Oman are subject to a clear legal framework when it comes to structural defects and building failures. While this framework offers strong protection to employers, it also places significant responsibilities on contractors, designers, and supervising engineers.

Oman has opened the door wider for foreign investors in recent years, with fewer ownership restrictions and a more straightforward set-up process.

Defects in building materials disputes arise for several reasons, such as the poor quality of the materials or their non-conformity with the agreed specifications.

In the last decade, the Middle East has seen both domestic and regional developments in arbitration that are reflective of international best practice.

The new Commercial Companies Law (CCL) in Oman was enacted by the Royal Decree Number 18 of 2019, (the Law)

Many investors view VAT in Oman as a compliance issue that arises only after a business has been established or operations have commenced. In practice, however, VAT considerations often arise much earlier and can influence fundamental investment decisions, including transaction structuring, target company valuations, intra-group arrangements, and the project's financial model.

The OAC Arbitration Rules issued in November 2020 provide a modern procedural framework for resolving disputes in Oman and are carefully aligned with leading international arbitration practices.

Royal Decree No. 22/2018 amending the Law of Protection of Competition and Prevention of Monopoly.

Royal Decree no. 33/2018 issuing the Regulations for Implementation Support and Follow-up Unit.

The following Q&A, originally published for Lexis Middle East, answers important questions regarding the laws and regulations governing Banking in Oman.

Royal Decree no. 32/2018 granting Omani citizenship.