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July 27, 2023
Steps to Set Up a Real Estate Business in Oman
Oman is a country with a growing economy and a high demand for real estate. If you are considering setting up a real estate business in Oman, there are a few steps you need to take. You will be Interested on : Real Estate Company Registration in Oman Choose the right business structure The first…
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July 24, 2023
Difference Between COO and CEO
The organization’s Chief Executive Officer, or CEO, has a unique set of roles and responsibilities that can’t be given to other staff members. The CEO of the company figures out what resources are needed, looks for places to get money, comes up with plans for how to talk to lenders, makes proposals, and sends them…
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July 22, 2023
Difference Between Product-Based and Service-Based Companies
Think about all the electronics and skin care products you have at home. The companies that made those things are all product-based. Another way to look at it is to think about the broadband, electricity, or gas services you use at home. The companies that provide these services are all service-based. You will be Interested…
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July 18, 2023
How Much Does It Cost to Set Up a Business in Oman?
Oman is an excellent choice to do business because it has a low company tax rate and offers many incentives for foreign investors. The cost of setting up a business in Oman will vary depending on the type of business, the size of the business, and the location of the business. However, in general, the…
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July 13, 2023
New UAE Visa Rules: Creating Opportunities for Investors and Entrepreneurs
In the first half of 2022, Dubai issued almost 25% more business licenses than it did in the first half of 2021, bringing the total number of licenses issued to 45,653. The new UAE visa laws have been a big help, especially for new businesses. They are also giving entrepreneurs, investors, job seekers, IT professionals,…
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July 12, 2023
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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July 11, 2023
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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July 10, 2023
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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July 6, 2023
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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July 4, 2023
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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