الملخص الإنجليزي
Startup companies play a vital and important role in the Sultanate's economy as a major
driver of innovation by transforming an innovative and unique idea into added market value,
and their endeavor to raise the Sultanate's international innovation indicators that work to drive
economic growth and generate job opportunities for specialized national professional
competencies with the aim of achieving social welfare. Startups are also a source of economic
resources and a crucial element in implementing sustainable development strategies and a
basic enhancer of global commercial competitiveness. In addition to their role in facilitating
commercial transactions, feeding demand for goods, increasing production of local products,
and increasing solutions for entrepreneurial activities in business and its prosperity at the local
and international levels, Startups also work to highlight the economic role in stimulating
investment in the pillars of the promising economic model and attracting foreign investments
in a manner consistent with keeping pace with modern technological developments, artificial
intelligence applications and the Fourth Industrial Revolution by activating effective
partnerships between the public and private sectors, with the aim of supporting industrial and
productive sectors in various sectors and diversifying sources of non-oil national income,
which in turn achieves the public interest and supports the Omani economy.
The study concluded that the Omani legislator's interest in Startup companies is clear in
organizing the legislation related to their work, in addition to the efforts that unite them, but
this is not enough to advance them economically. Rather, it is necessary to explicitly state as an
urgent necessity the comprehensiveness of their aspects with the legal mechanisms to treat
their obstacles and create a legislative system to support and promote them. Especially, in the
financing side by granting them legal exceptions and facilitating complex legal procedures and
granting them a set of legal facilities and incentives and legal benefits that time their launch in
commercial markets and manage them. The study concluded with a call for the Omani
legislator to issue a special law for Startup companies independently, that includes all the legal
provisions that address their legal and financial challenges.
Keywords: Startups companies, Simplified Stock Company, Startup companies Brand,
Innovative Project Brand, Business Incubator Brand, Venture Capital, Venture Investment,
Crowdfunding, Angel Investment
