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January 29, 2025
New initiatives to help revitalise trading on MSX – Oman
Muscat: The Muscat Stock Exchange (MSX) recently unveiled a series of innovative steps that would help stabilize the exchange and revitalize trading. The initiative’s significance lies in its capacity to easily provide liquidity for securities, maintain a balance between supply and demand, and limit the existence of offers to buy or sell securities without accompanying…
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January 29, 2025
Business Setup in Oman 2025 (Approximate Fees + Procedure)
Oman ranks among the top economies in the Middle East with the most positive growth prospects. However, there are many challenges business owners face when they begin their venture in Oman. Starting your business involves registering a legal company. As a first step for company registration in Oman 2025, you will need a Chamber of…
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Black Swan Development
January 27, 2025
Difference Between Import and Export
The main difference between import and export is that import is when a company in one country buys goods from another country so that it can sell them in its own market. On the other hand, exporting means that a company sells goods made in its own country to people in other countries. Trade is…
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January 27, 2025
Oman’s oil exports reach 128.07 million barrels by May
Muscat: The National Centre for Statistics and Information (NCSI) released preliminary figures showing that the Sultanate of Oman exported a total of 128,070,300 barrels by the end of May 2023, with an average oil barrel price of $81. You will be interested on: Oman Free Zone Company Formation Eighty percent of the 160,144,300 barrels of…
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January 27, 2025
How to Start a Business in Dubai in 2025? (With 100% Business Ownership!)
Dubai is one of the world’s most exciting cities for business startups. It’s 2025, and things have never looked better for entrepreneurs in UAE. What’s best? You can now own 100% of your business in many industries; no local partner is needed. Economic growth, friendly policies, and plenty of opportunities are available in Dubai. If…
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Black Swan Development
January 24, 2025
What are the Exempt Income Categories Under UAE Corporate Tax Regime?
Overview According to the Public Consultation Document released by the Ministry of Finance (MOF) on April 28, 2022, the UAE Corporate Tax (CT) regime plans to stop double taxation by not taxing some types of income. Most of the UAE CT doesn’t apply to companies based in the UAE. This is because most of their…
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January 24, 2025
His Majesty The Sultan issues Royal Decree establishing Khazaen Economic City – Muscat, Oman
Muscat, Oman – His Majesty Sultan Haitham bin Tarik has issued a Royal Decree establishing Khazaen Economic City and promulgating its Bylaw (articles of association). You will be interested on: Duqm Free Zone Company Formation Registration Incorporation The city will be located in the governorate of South Al Batinah, on a land area of approximately…
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January 24, 2025
UAE Golden Visa Salary Requirement: Regulations and Information for Business 2025
Are you looking for a long-term residency in the United Arab Emirates? Golden Visa is waiting for you! Golden Visa is a simple residency permit that allows its holder to live in the UAE region for 5-10 years. The UAE government authorizes this visa after some initial requirements have been fulfilled. The UAE Golden…
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January 23, 2025
UAE Issues New Decree Law on Family Businesses and Offices
The UAE Government published Decree Law No. 37 on Family Businesses in the official gazette on October 10, 2022. The New Law will take effect on January 10, 2023, which is three months after it is published. People are glad that the government passed this new law because it shows that the country is still…
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January 23, 2025
How to Setup Auto Parts business in UAE
The UAE is the second-largest market for cars in the GCC. Many business owners and investors want to sell auto parts in the UAE because it is a stable place for both domestic and international business. Today, the UAE is the best place to set up a business because it has the best conditions for…
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