Company Formation in Oman, Foreign Company Registration in Oman
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Company Formation in Oman

HOW IMC CAN HELP YOU REGISTER A BUSINESS IN OMAN?

IMC has the experience and expertise to advice customers on the suitable company type taking in to account the laws of the land and the unique customer’s needs. We have the experience having handled different industries and geographies across the world. We understand finance and the legal framework required to handle a company’s operations. We will advise on the percentage of shareholding allowed for foreigners, and the rights which go with that percentage and other such business matters. IMC has been operating in GCC for over 10 years. With a partnership in Oman, IMC is closer to the customer with a better understanding of the Oman CompanyLaws and Practices.

Company Registration & Company Formation in Oman

Having decided on the type and structure, we can assist in every step of the way starting from drafting the incorporation documents, listing out the documents required to be filed, documents to be notarized and other formalities. We can advise on the licenses required for specific industries. If a local attorney or a CPA need to be hired, we will handle this. We will coordinate filing the applications, getting the name approved and all the steps required. We can also assist in opening the bank account for the company.

  • An LLC company formation in Oman is the most popular company format. Foreign shareholders may own up to 70 per cent of the shares in the LLC, except for GCC or US shareholders (which can own 100 per cent of the shareholding).
  • Under free zone, foreigners can have 100% ownership
  • A subsidiary company formation in Oman is not normally entitled to seek and carry out business within the private sector.
  • A foreign company formation in Oman can register a wholly owned representative office in Oman

Type Limited Liability Company (WLL)
Under Oman law, foreigners can own 70%
Share Capital OMR 20,000
Memorandum and Articles of Association Yes
Shareholders Minimum Two
Can the entity hire expatriate staff in Oman Yes
Tax Registration Certificate Required Yes
Statutory audit required Yes
How long to open Corporate Bank Account 3 weeks
Annual Return Must be filed
Annual Tax Must be filed
Timeframe for Incorporation: 3 weeks
Access to Oman double tax treaties Yes

Links to company set up in Oman

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