Article 159 bis 16 ensures that small businesses in the industrial sector can access the same high-level tax incentives as larger industrial players. It mandates that any 'industrial enterprise' (carrying on activities per the GCC Unified Industrial Organization System) shall be exempted from tax in accordance with Article 118 of the Law. This provides small Omani manufacturers and producers with a full tax holiday for the specified five-year period, promoting industrialization at the grassroots level and ensuring that the simplified enterprise regime does not deprive them of more substantial sectoral exemptions.