Oman Unveils New Regulations to Transform LLCs into Public Joint-Stock Companies
In a major development for Omani businesses, the Ministry of Commerce, Industry, and Investment Promotion is rolling out new regulations to facilitate the conversion of limited liability companies (LLCs) into public joint-stock companies (SAOG). This initiative follows the launch of the Financial Services Authority’s Incentivization Program, aimed at boosting opportunities for small and medium-sized enterprises …
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