The Omani LLC is the commonly used business entity for foreigners to do business in Oman, to manufacture business activities and various trading. For starting a business in Oman, you need to go through the process set by the Omani authorities. The company registration process of Oman is as follows:

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The Name Reservation Process Before Registration

The company name is approved by the Ministry of Commerce and Industry. Based on the Omani law, a new company should not have the same name as the existing company. The MCI needs a higher starting share capital for companies with certain words as “Oman” in their name.

The MCI Application

It involves preparing and submitting the following documents:

The Foreign Shareholder Documents for Registering Company in Oman

If a corporate entity, each shareholder should provide it’s board resolution, constitutional documents, certificate of incorporation and power of attorney.

The Omani Shareholder Documents

Every shareholder should provide a certificate of registration, MCI computer printout, authorized signatory form, Oman Chamber of Commerce and Industry certificate and shareholder’s resolution.

Must have the authorized signatory form and constitutive contract forms a part of the constitutional documents of the LLC.

The Bank Certificate

The Bank Certificate is obtained from a bank in Oman, that is used as evidence of compliance with the LLC’s capital requirements.

The OCCI Registration

The important step in the registration process is the OCCI Registration. It is immediately obtained after the MCI completes the registration examination of your company and approves the certificate.

Approvals

The approvals that depend on the LLC’s intended business activities further requires government approvals.

The Steps for Post-Registration Process

When the LLC registration gets approved, and you obtain all the necessary certificates from the Ministry, you need to organize them:

The municipality license
The Tax registration
Register with the Royal Oman police
Register with the Ministry of Manpower, to apply for labor clearances and visas
Export or Import license, depending on the nature of the business
The Environmental, Industrial and other permits and licenses, depending on the nature of the business

The List of Documents Required to Set Up an LLC in Oman

Application forms that must be submitted to the MCI
The copy of passport or identity cards of shareholders
The copy of passport or identity cards of all intended authorized signatories
The approved authorized signatory form, with names and sample signatures of each authorized signatory reproduced
The standard company registration forms, including constitutive contract and articles of association
The application for specific licenses depending on the company’s activities
The certificate of initial capital deposit from the bank