Transcription of OMAN CHAMBER OF COMMERCE AND INDUSTRY THE …
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OMAN CHAMBER OF COMMERCE AND INDUSTRY THE …
OMAN CHAMBER OF COMMERCE AND INDUSTRYTHE commercial COMPANIES LAWNo. 4/1974 Amended by Royal DecreesNos. 53/1982, 13/1989, 83/1994 & 16/1996 First EditionMay 1997 commercial COMPANIES LAWPART ONECOMMERCIAL COMPANIES IN GENERALC hapter OneGeneral ProvisionsArticle 1A commercial Company is a contract by which two or morepersons undertake to participate in an enterprise for profit, eachcontributing a share of the Capital in the form of tangible orintangible property or services, with a view to sharing any profit orloss resulting form the 2 (*)This law shall govern the following types of Companies: a) General Partnerships b) Limited Partnerships c) Joint Ventures d) Joint-stock Companies e) Limited Liabilities Companies f) Holding CompaniesSubject to the transitional and final provisions provided in part 9of this Law, any Company which does not adopt one of the typeslisted above shall be null and void, and the persons who have actedin such Company s name shall be jointly and severally liable for theobligations resulting from such 3 All commercial Companies, except joint ventures, shall beconsidered juristic 4 All contracts, receipts, notices and other documents issued byCommercial Companies shall indicate the Company s name, itsform, its principal place of business and the number and place ofits registration in the commercial Register.
Commercial Companies shall indicate the Company’s name, its form, its principal place of business and the number and place of ... partnership gave the limited partners an account of the Company’s operations for the period which includes the act
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