Company Formation in Oman

Oman, also known as the Sultanate of Oman, is a strategically located growing business centre. It is one of the growing GCC nations that is also an established home to foreign ex-pats with a lot of business opportunities.

Why Set Up Business in Oman?

  • 100% Foreign Ownership in Free Zones
  • Strategic Location – Gateway to the Middle East, Africa, and Asia
  • Tax Benefits – 0% personal income tax & low corporate tax
  • Free Repatriation of Profits
  • Well-developed Infrastructure and Free Trade Agreements (FTAs)

Types of Companies in Oman

  • Limited Liability Company (LLC) – Most common structure
  • Sole Proprietorship – For small businesses and freelancers
  • Joint Stock Company (SAOC/SAOG) – Ideal for large enterprises
  • Branch Office – Operate under a foreign parent company
  • Representative Office – For market research & brand promotion

How to Start a Business in Oman – Step-by-Step Guide

  1. Choose Your Business Structure – Decide between an LLC, Free Zone Company, or Branch Office based on your business needs.
  2. Reserve Your Trade Name – Submit a trade name request to MOCIIP.
  3. Obtain Initial Approvals – Submit business documents for preliminary approval.
  4. Prepare and Notarize Legal Documents – Draft and notarize your Memorandum of Association (MOA) & Articles of Association (AOA).
  5. Register Your Company – Submit all required documents to MOCIIP and obtain a Commercial Registration Certificate (CR).
  6. Open a Corporate Bank Account – Set up a business account with a local or international bank.
  7. Obtain Business Licenses – Register for tax, municipality permits, and industry-specific licenses.
  8. Visa & Manpower Registration – Process investor and employee visas through the Ministry of Labor.