Oman's Tax Authority has announced (via X) the introduction of tax incentives for companies that list on the Muscat Stock Exchange or the promising companies market, and for companies that convert from limited liability companies (LLC) to closed joint stock companies.
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The Incentive Program for Capital Market
The Tax Authority provides tax incentives in line with Oman Vision 2040 in the Three Paths of the Program
- First path - Establishing or converting companies into public joint-s…