Oman Company Registration Information

1. Basic information

Company name:

Provide 2-3 alternative names in English, ensure that the name has not been registered or used in Oman, and comply with local laws and regulations, and avoid using words that offend religious feelings or misleading words.

Company type:

Choose a company type that suits your business needs, such as a limited liability company (LLC), a joint stock company (JSC), etc. A limited liability company is the most common registration form for foreign companies in Oman.

Business scope:

Clearly list the actual business scope of the company. Special industries (such as banking, insurance, mining, etc.) require additional business licenses.

2. Shareholder and director information

Shareholder information:

A limited liability company requires at least two shareholders and no more than 50 shareholders; a one-person company is limited to Omanis and citizens of the Gulf Cooperation Council member states, and one person can only register one personally owned company.

Provide a shareholder's ID card, passport scan, and address proof for the past three months (such as utility bills, rent bills, credit card bills, etc.).

Shareholders are also required to provide information such as phone number, email address, mother's name, marital status, religion, and citizenship.

When a foreign-invested enterprise registers in Oman, it must comply with the provisions on foreign shareholding ratios. Foreign-invested enterprises in general industries can hold up to 70% of the shares, and in specific industries, they can hold 100% of the shares, but they must obtain approval from the Ministry of Commerce and Industry.

Director information:

At least one director is required, regardless of nationality.

Provide scanned copies of the director's ID card and passport, as well as proof of address for the past three months.

The director must have no criminal or bankruptcy record.

3. Registered address and capital

Registered address:

Provide an actual office address located in Oman, which must be used for company registration and daily operations. It can be a leased commercial office space.

Registered capital:

Depending on the type of company and the scale of business, the registered capital requirements vary. For example, the minimum registered capital of a limited liability company is generally 20,000 Omani riyals (no actual payment is required), but the minimum capital of a wholly foreign-owned limited liability company is 1 million Omani riyals, which must be paid at the time of registration.

4. Other documents

POA authorization document:

If the shareholder or director is unable to handle the registration formalities in person, a POA (Power of Attorney) authorization document is required.

Company registration application form:

Fill in and submit the company registration application form, which must include key information such as company name, shareholder and director information, business scope, registered capital, etc.

Notarization and certification documents:

Oman is a Hague country, and company holdings and other documents may need to be notarized or Hague certified.

Benefits of Oman Company Registration

1. Free and open economic policy

Oman's economic policy is free and open, providing a broad market prospect for foreign investors.

2. Tax incentives

The Omani government provides a variety of tax incentives, such as corporate income tax exemption period, import tax and re-export tax incentives, etc.

3. Superior geographical location

Oman is located on the southeast coast of the Arabian Peninsula in West Asia, with a superior geographical location, which is convenient for international trade and logistics transportation.

4. Rich resources

Oman has rich oil and natural gas resources, providing investors with broad investment space.

Zhuoxin Enterprise provides domestic and foreign company registration, bank account opening, annual tax filing, agency accounting, trademark registration, ODI overseas investment filing and other agency services. If you have any business needs in this regard, please feel free to consult our online customer service!