The Omani government proceeds with the nation’s development and has multiple steps for foreign expats to seek the attention of foreign investors.

Table of Contents

Free Zones in Oman

Corporate Structures in Oman

Fix A Trade Name

A trade name is related to business and has to be unique. You must decide a name and submit the application to MCI (Ministry of Commerce and Industry).

Document Submission Of Incorporation

Necessary documents are submitted in the initial stage for initiating the incorporation process. Essential documents are:

Memorandum and Articles of Association
Shareholders Passports and Visas
Id of Shareholders
Initial Deposit Certificate
Company Registration Form Filed
Certificate for Chamber of Commerce and Industry Affiliation

Opening Of Capital Account

If documents are submitted, the capital account has to be opened to deposit an initial incorporation fee.

Registration With The Chamber Of Commerce

You have to register with the Oman’s Chamber of Commerce & Industry to comply with commercial rules and regulations needed for corporations in Oman.

Business Registration

You must submit the essentials like

Municipality approval
Share Capital Certificate
Legalized Opening Forms

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Post-Incorporation Process in Oman

Visa Application: After the incorporation process, you have to apply for visa services for your employees. Talk with visa consultants to get visa services at a faster pace.

Employee Registration: Employees should acknowledge the part of the business entity and must register the employees under the company name.

Conversion Of Bank Account: Business capital account has to be converted to current account to ease the successful business transactions.

Originally posted 2021-12-28 09:14:41.