Guide to Mainland Company Registration in Oman

Oman, a sultanate nestled on the Arabian Peninsula, is rapidly emerging as a hub for foreign investment. The country’s strategic location, coupled with its government initiatives to diversify the economy beyond oil, presents exciting opportunities for foreign investors. If you’re a foreign investor considering setting up a business in Oman, registering a mainland company is the most suitable option for unrestricted business operations. This guide simplifies the mainland company registration process in Oman for foreign investors.

Benefits of Mainland Company Registration in Oman

• Full Ownership: Foreign investors can own 100% of a mainland company in Oman, offering complete control over the business.
• Tax Advantages: Mainland companies benefit from Oman’s corporate tax rate of 3% to 15%.
• Repatriation of Profits: There are no restrictions on foreign investors repatriating profits generated by their mainland companies.
• Access to Oman’s Market: A mainland company grants full access to Oman’s growing domestic market and the wider GCC region.

Steps Involved in Mainland Company Registration in Oman

1. Choose a Business Activity: Define your business activities clearly. Oman employs a negative list system, where activities not listed are permissible.
2. Obtain Initial Approval: The Ministry of Commerce and Industry (MOCI) provides initial approval for your chosen business activity.
3. Company Name Reservation: Reserve your desired company name with the Ministry of Commerce and Industry (MOCI).
4. Company Documents Preparation: Prepare essential documents like the Memorandum of Association (MOA), Articles of Association (AOA), and a feasibility study.
5. Register with the Commercial Register: Submit the prepared documents to the Commercial Register for company registration.
6. Open a Corporate Bank Account: Open a corporate bank account to deposit the minimum capital requirement (varies based on the business activity).
7. Obtain Additional Licenses (if applicable): Depending on your business activity, you might require additional licenses from relevant government authorities.

Ready to tap into the potential of Oman’s thriving market? Our team of experts can guide you seamlessly through the mainland company registration process in Oman. Contact us today for a free consultation and unlock a world of business opportunities in Oman!