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Oman News

Oman issues resolution regulating e-commerce activities

The Ministry of Commerce, Industry and Investment Promotion issued Ministerial Resolution No. 499/2023 to establish regulations to govern e-commerce activity in the Sultanate of Oman

TAS News Service

info@thearabianstories.com

Sunday, September 10, 2023

Muscat – The decision is part of the national plan for e-commerce that aims to create a legal and regulatory framework to develop and promote e-commerce, document local e-stores, facilitate access to them, organize operations related to buying and selling over the Internet, reduce fraud and scams related to e-commerce, keep pace with developed countries in this field, and monitor e-stores.

Through the National E-Commerce Plan, the Sultanate of Oman seeks to diversify the national economy, make the country a regional center for e-commerce, and enhance the growth of this sector by enabling the development of e-commerce to compete with regional centers in various sectors, thereby increasing consumer dependence on e-commerce and awareness.

The regulations stipulate that a license to practice e-commerce must be obtained by submitting a license application electronically, and it specifies a number of conditions for obtaining the license from individuals who do not have a commercial register.

Commercial companies, on the other hand, must be registered in the commercial register in order to obtain a license. Non-Omanis can practice e-commerce in accordance with the provisions of the Foreign Capital Investment Law.

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