Article 191

The commercial and industrial establishments and Omani companies - for which tax exemption decisions were issued under the provisions of the Law of Income Tax on Companies, or the Law of Profit Tax on Establishments - shall continue to be exempted from tax until the end of the exemption period specified in those decisions.

The Omani companies and commercial establishments for which tax exemption decisions were issued under Article 51 bis 4 of the Law of Income Tax on Companies and Article 5 bis 2 of the Law of Profit Tax on Establishments shall continue to be exempted from tax for a period of ten years from the date specified in those decisions. Net loss realized within the first five years of the exemption period determined in accordance with the said decisions may be carried forward and deducted for any number of tax years until such net loss is entirely set off.