Muscat: the Ministry of Commerce, Industry and Investment Promotion ramps up efforts to regulate the sector and ensure compliance with Commercial Agencies Law No. 26/77.
According to the Commercial Registry Secretariat, the total includes 458 new agencies, 944 renewals, and 413 expired registrations due to non-renewal or the end of the legal term. The ministry also carried out inspection campaigns to monitor agency activity and ensure adherence to the law.
Yaqoub bin Shaikh Al Dhabouni, Head of the Commercial Agencies Registration Department, emphasized the importance of maintaining up-to-date agency records via the Oman Business Platform. “The ministry attaches great importance to regulating the commercial agencies sector, and stresses the need for local agents to renew and update their agency registrations through the Oman Business Platform, to ensure market transparency and product flow in accordance with applicable laws,” he said, warning that legal action will be taken against violators.
Read More
- Building completion in Oman to require telecom connection certificate under new rules
- Expat arrested over theft from commercial shop in Oman’s Bahla
- Oman exempts death cases involving citizens from healthcare service fees
- New Musandam road to cut Khasab–Dibba travel to 55 minutes for commuters in Oman
- Oman Across Ages Museum welcomes one million visitors
He also encouraged investors to take advantage of the streamlined online services to stay compliant and avoid penalties.
