Oman, the third biggest nation in the Arabian Peninsula and a standout amongst the most dynamic nations in the Middle East. It has accomplished surprising development in all areas of economy. Despite the fact that oil remains single most critical wellspring of income. The State encourages foreign capital which will enhance the overall development of the country. It ought to supplement local investment in utilizing its untapped resources, facilitate transfer of technology and Multinational Corporation connection for opening new markets for Oman products. Oman Investment Corporation (OIC), established by the government to aid on the company formation in Oman, company setup and company registration procedures.
IMC specializes in company registration, formation and new business setup in Oman. Our team of highly qualified professionals, possessing in-depth knowledge and practical experience understand specific client requirements and work accordingly. We have more than 10 years experience and serviced many satisfied customers with outstanding service and quality.
|Type||Limited Liability Company (WLL)|
|Under Oman law, foreigners can own||70%|
|Share Capital||OMR 20,000|
|Memorandum and Articles of Association||Yes|
|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|