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B&CO — Baqi, Al Balushi & Co (Law Firm)

Specialized Sectors

Corporate Governance Sector

Corporate governance is a vital component of business sustainability, enhancing transparency and ensuring a balanced relationship among shareholders, the board of directors, and executive management. In a dynamic regulatory environment like that of the Sultanate of Oman, the importance of compliance by public and private companies with governance rules—set forth under the Commercial Companies Law, the Capital Market Authority’s regulations, and specific frameworks for joint-stock companies—continues to grow.

At B&Co, we offer specialized support in the design and implementation of governance frameworks across various entities, including family-owned businesses, listed companies, and institutions with government shareholding. We assist clients in building transparent and well-defined administrative structures aligned with leading international corporate governance standards.

Services

Scope of services

Our scope of services in this sector includes, but is not limited to:

  • Drafting governance charters and internal corporate regulations.
  • Structuring the relationship between the board of directors, executive management, and general assemblies.
  • Reviewing policies related to disclosure, conflict of interest, and shareholder rights protection.
  • Assessing the company’s compliance with corporate governance rules issued by the Capital Market Authority.
  • Drafting executive compensation and accountability frameworks linked to governance performance.
  • Providing legal training for board members and senior management.
  • Assisting in the transformation of family-owned businesses into formally governed companies.
  • Legal representation in disputes between shareholders or between the board and shareholders.

Related sectors

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    Robust compliance frameworks for regulated entities, with tailored due diligence, risk management, and training that protect against sanctions and penalties.

  • Tourism and Hospitality

    Comprehensive legal solutions for tourism establishments and hospitality companies, covering the commercial, regulatory, and tax-related aspects of the industry.