The Sultanate of Oman is part of the Gulf Cooperation Council (GCC). The Sultanate has a Foreign Capital Investment Law, promulgated by Sultani Decree (SD) number 102/94 which restricts 100% ownership of juristic entities other than in certain Free Zones and a Special Economic Zone at Duqm (often referred to as ‘Off-Shore’ with the balance of the jurisdiction referred to as ‘Mainland’). 