In Oman.

Section B - All questions to be attempted :4 questions carrying 10 marks (40 marks weightage. Question 1: The Banking sector is the lifeline of any economy in the world. The Banking Law of Oman was issued vide RD 114/2000 on 13 December 2000. You are required to examine the objectives of the Banking Law of Oman? (10 marks) Question 2: Explore the business structures by which foreigner can run a business in Oman. You must explain the relevant provisions of licensing under Foreign Capital Investment Law to support your advice. (10 marks) Question 3: The new Income Tax Law consists of various tax exemptions aimed at adopting a strategy capable of boosting the investment climate and the efforts for diversifying the national income resources in the country. Analyze the various tax exemption provided under Royal Decree 9/2017 in the light of above statement. (10 marks) Question 4: A commercial agent is a professional permanently responsible for promoting, negotiating or settling commercial operations on behalf of or in the name of one or several companies, in a determined area (in the same country and internationally), and in exchange for payment. - Examine the role and qualification of a commercial agent under Commercial Agencies Law of Oman. (10 marks)