Sunday, October 05, 2025

Oman News

Oman amends Foreign Investment Law, mandates hiring of Omanis and Social protection registration

The Ministry of Commerce, Industry and Investment Promotion has issued Ministerial Resolution No. 411/2025 amending some provisions of the Executive Regulations of the Foreign Capital Investment Law.

TAS News Service

info@thearabianstories.com

Sunday, October 5, 2025

MUSCAT – Based on the Foreign Capital Investment Law (Royal Decree No. 50/2019) and its executive regulations issued by Ministerial Resolution No. 72/2020, the resolution (411/2025) introduces a new provision – Article (12) bis – requiring all foreign-owned establishments and companies to employ at least one Omani citizen within one year of commencing commercial operations.


The resolution stipulates that the Omani employee must be registered with the Social Protection Fund, and the company must comply with the Omanisation targets specified by the relevant authorities.


The resolution also outlines compliance requirements for existing companies. Any foreign-invested business that has been operating commercially for a year or more at the time the resolution takes effect must adjust its status within six months, based on whichever comes first among the following: renewal of the commercial registration, issuance of a work permit, or renewal of a work permit.


The Ministry emphasised that any provisions in contradiction with the new decision are to be revoked, and that the resolution will be published in the Official Gazette and will come into force the day after its publication.

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