All the information you need to know to register a company in Oman.
Required Documents
- Passport
Conditions
- It has no prerequisites
- No need for a partner and alone
On this page, I want to give you only useful information, information that has been completed during long cooperation and consultation with many companies and people about company registration in Oman and can help you with your decision.
I want you to be sure that our goal in providing this information is to help you to make a more correct decision in the ambiguous space of the Internet and to make less strategic mistakes.
The best type of company to register in Oman
The first thing you should know:
For foreigners, the best type of company that has 100% ownership, does not need an Omani sponsor, and can do business, have a bank account, and obtain a residence visa, is a limited liability company. . These companies are represented by the abbreviation LLC. If you search the internet, you will find that Google is also an LLC.
Following the first point, I have to tell you this:
LLC companies in Oman have different degrees, depending on the size of your business, you can choose one of them when registering the company and you can upgrade it later. These grades start from the lowest grade, which is 4, and end with three, two, one, and finally Excellent. In the 4th grade company, each transaction can be done up to 20,000 Omani Rials, and in the premium company, this amount reaches 250,000 Omani Rials.
free consultation
Please reach out today if you want to take a step ahead and be a part of this journey. Contact us today-our experts will be happy to assist you in fulfilling your dream!
The International Business Development Company (IBD) advises interested individuals in Oman to carefully read this booklet before taking any action or making decisions. It is the responsibility of applicants to be informed about laws and regulations after receiving this booklet. It has been proven through experience that dear applicants who underestimate the importance of obtaining accurate information later encounter significant financial difficulties and losses during the residency and related processes.
Download BookletTrust and choosing the right brokerage for company registration
The second thing you need to know:
Registering a company is not a very difficult or complicated process, (of course not so simple that you can easily handle it without any experience), which is why many people in Oman claim to be able to do it. . But the issue becomes important when if you trust them and then for any reason you can guess, a problem occurs in your work process, your hands are tied to do any legal work. Therefore, we suggest you to work with an expert and professional team. Make a contract, where you can see the opinions of others, how they work is transparent, and this transparency is very important, and they have experiences like this.
Reasons to come to Oman
The third point about company registration:
People come here for various reasons to register a company in Oman. But I have personally seen and talked to them, it is better to clarify your task in advance so that we can give you a more suitable offer depending on the choice you make:
• They are disappointed with their country’s business environment and want to have a new start. They hope to try their luck again in a new environment.
• They have been in other countries before, they have tasted the loneliness and difficulty of immigrating to another country, and after careful research, they have chosen Oman. They have good experience to succeed.
• They want to preserve the value of their property by buying a property or… and they plan for their future and their children.
• They are looking for a peaceful country for their retirement years and although they don’t need to work, they may want to have a business, Oman is the best decision for them to continue their life.
• They use Oman as an intermediate country for export and import, they have successful companies in their country and they plan to develop their business to other countries.
• They intend to immigrate to Europe and know that registering a company and residing in Oman will facilitate this process.
Therefore, it is better to know why you are coming to Oman. A large part of the problem is solved with this question. Do not do this without planning and on your own based on the advice of others, there are many problems with this type of decision.
Why do we register a company in Oman?
Fourth point:
What are the advantages of coming and registering a company in Oman?
Open and emerging economy
The first and most important advantage is that Oman’s economy is new and diversified. This is a positive point and a negative point from another point of view. In a new economy, there are many emerging opportunities, each of which can be the future of a big business. Emerging opportunity means what was solved for you in your country a long time ago, remains unsolved here and must be solved. Therefore, sometimes we see that newly founded companies are dissatisfied with the lack of some facilities, and this dissatisfaction can be the reason for starting new businesses.
Free access and no sanctions
The next advantage is that Oman is not under any sanctions, has an open economy and has established growing economic relations with many countries. Oman has free economic relations agreement with all Arab countries, Singapore, some European countries and America as the world’s largest market. In a free and open economy, you have many times more access to your potential customers and you must know better than us about the conditions of the country where you live now. Add to this the sea access to the world’s largest ports.
Stable political relations
If we want to point out one thing that can be considered both as an advantage and as a risk for starting a new business, I must say about the value of the oman rial, which can be considered as a difficult situaton for your start and also it can be a very good future if you have rial income. The Persian Gulf region generally has valuable money, which can be good for your business if you enter the profitable markets.
Documents required for company registration (limited liability)
What documents do we need?
- Passport or its copy for absentee registration
- 2- 1 to 5 partners with at least 10% of shares per person
Company registration fee in Oman?
The cost of company registration is currently 295 Omani rials.
| 93 OMR | Government of Oman |
| 57 OMR | Official Office |
| **50 OMR | Without your Presence |
| 95 | our fee |
| 295 OMR | Total |
** If you are in Oman now, You don’t need to pay this one
Without your Presence benefits:
You don’t need to pay for these:
Flight costs to Oman + hotel accommodation + food + transportation costs for the number of shareholders, without your presence, we register your company in Oman.
Does company registration mean residency?
No, company registration means business license in Oman.
Company registration is a prerequisite for residency. After your company is registered, you can apply for residency.
The cost of Investor Visa in Oman?
The cost of obtaining residence visa in Oman for each of the company’s shareholders (Partners) is 480 Omani Rials.
But if you are not present in Oman, do not have an office rent contract and the (Mofavez, an Omani) is not present in the company, 295 rials (50 Mofavez + 150 rent + 150 Business plan) will be added to this amount.
For each person, 10% of the stay is calculated as the brokerage company’s fee.
For more information, see the table
Visa fee table for Investor/s
Is family visa possible?
Yes, each of the company’s shareholders can apply for visa for their wife and children under 21 years of age.
Cost of family visa in Oman?
For wife: 150 rials
For children under 21 years old: 100 rials
Duration of company registration and visa?
The duration of company registration is 7 to 10 working days
The duration of obtaining a visa is 20 to 30 working days
Important note:
Fridays and Saturdays are holidays in Oman and are not considered working days.
