Your Trusted Partner
Setup Your Business in Oman with PlusUAE!
At PlusUAE, we make business setup in Oman easy and stress-free. From company registration to securing licenses, our comprehensive services cover every step to ensure your venture starts strong. Focus on growing your business—leave the rest to us!
BUSINESS SETUP IN OMAN
Guiding Your Business Journey with Expertise and Care
At PlusUAE, we specialize in business setup in Oman, helping companies establish and grow in this dynamic market. Our comprehensive services include company formation, PEO services, and obtaining necessary government approvals, ensuring a smooth start and successful operations in Saudi Arabia.
Our knowledgeable team understands the local regulations and industry-specific requirements. We provide clear and straightforward guidance, making the business setup process in Oman as smooth as possible and ensuring your business is fully compliant from day one.
Benefits of Starting a Business in the Oman
The government has implemented various policies to encourage foreign investment, including tax exemptions, interest-free loans, and free trade zones.
Oman has a competitive corporate tax rate of 15%.
As a member of the Gulf Cooperation Council (GCC), Oman offers businesses access to a larger market.
Attractive corporate tax rate, sector-specific exemptions, and no personal income tax for expatriate employees.
Oman enjoys a stable political climate, providing a secure environment for businesses to operate.
The government has introduced several initiatives to facilitate foreign investment.
The country has significant reserves of oil and gas, which can be leveraged for business opportunities.
The government provides various support programs for entrepreneurs and small businesses.
Types of Business Setup in Oman
Limited Liability Company (LLC)
A Limited Liability Company (LLC) is the most popular business structure for foreign investors in Oman. It offers several advantages, making it a preferred choice for many entrepreneurs
- Limited Liability: Shareholders are liable only up to the amount of their
- Minimum of 2 and a maximum of 40 shareholders.
Joint Stock Company
(SAO)
A Joint Stock Company (SAO) is a corporate entity in Oman where the capital is divided into shares. These shares can be owned by an unlimited number of shareholders, making it suitable for large-scale businesses.
- Shareholders' liability is limited to their investment.
- Ability to raise significant capital through share issuance
Joint Venture
A joint venture is a business arrangement where two or more parties agree to pool their resources and expertise to achieve a specific goal. In Oman, joint ventures are common, particularly for foreign companies seeking to enter the market
- Partners share ownership and control of the venture.
- Local Partner: Often required for foreign companies to establish a joint venture.
Sole Proprietorship
A Sole Proprietorship is the simplest form of business ownership in Oman. It’s a business owned and operated by a single individual.
- The owner is personally responsible for all business debts and liabilities.
- Easy Setup: Relatively simple and inexpensive to establish
General Partnership
A general partnership is a business structure involving two or more individuals who share in the management, profits, and liabilities of the business.
- Shared ownership and management
- Ease of formation: Relatively simple to form compared to other business structures.
Limited Partnership
A limited partnership is a business structure involving at least one general partner with unlimited liability and one or more limited partners with limited liability.
- Limited liability for limited partners.
- General partners typically manage the business, while limited partners have limited involvement.
Representative Office
A representative office is a limited form of business presence in Oman for foreign companies. Its primary purpose is market research, promotion, and liaison activities.
- 100% owned by the parent company.
- Cannot engage in commercial activities like sales, distribution, or manufacturing.
Branch Office
A branch office is an extension of a foreign company, operating under the parent company’s name. It’s a common way for foreign businesses to establish a presence in Oman without forming a separate legal entity.
- 100% foreign ownership.
- The parent company is responsible for all liabilities of the branch office.
Your trusted guide to Oman business setup!
Ready to launch your business in Oman? Plus UAE offers expert guidance and efficient solutions for business setup. Whether you’re a multinational firm or a small business, we provide tailored support for a smooth and successful setup experience. Start your journey in Oman with confidence!
Speak to our Business Setup Experts Today with Plus UAE!
Who We Are?
Plus UAE is a leading business consultancy firm with a strong presence in Abu Dhabi and Dubai, UAE, and an expanding footprint across Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, and India. Our firm specializes in providing expert support to both local and international investors, guiding them through the complexities of starting and growing their businesses in these dynamic regions.
Who choose us?
Local Knowledge
We know the business rules and environment in the UAE, Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, and India very well.
Many Services
We offer business setup, sponsorship, visa services, help with government approvals, support for the oil and gas industry, marine solutions, and more.
Government Approvals
We help get approvals for key sectors like ADNOC, ADMA, ZADCO, Burooj, and Takreer in the UAE, and similar approvals in other regions.
Legal Help
We guide clients through complex legal procedures and government regulations.
Custom Solutions
We provide solutions tailored to the unique needs of each client.
Reliable Sponsorship
We offer fixed annual fee sponsorship services that are dependable and cost-effective.
Strategic Locations
With offices in Abu Dhabi, Dubai, Saudi Arabia, Bahrain, Qatar, Oman, Kuwait, and India, we can support businesses across these areas.
Growth Focus
We are dedicated to helping our clients achieve and exceed their business goals.
High Quality
We are committed to delivering top-quality services.
Happy Clients
Our honest approach has earned us many satisfied clients and referrals.
Our Services
At PlusUAE, we make starting and managing your business in the Oman effortless with our comprehensive range of services:
Business Formation & Registration
Guide you through the complete process of forming and registering your business, ensuring compliance with Omani regulations.
PEO and EOR Services
Comprehensive management of payroll, HR, and employee benefits, along with handling employment contracts and compliance for foreign businesses.
Ongoing Support
Provide continuous support to keep your business compliant and thriving.
Visa Processing
Manage the visa application process for you and your employees.
Trade License Application
Handle the application and paperwork for obtaining your trade license.
Bank Account Setup
Facilitate the opening of a business bank account to suit your needs.
Local Partner Assistance
Help in finding and establishing local partnerships if required for certain business sectors
Jurisdiction Selection
Assistance in choosing the right business location—whether within an Omani Free Zone, a local business district, or an offshore setup.
With PlusUAE, you receive expert advice, streamlined processes, and personalized support to ensure a smooth and successful business setup in the Oman.
Steps to Guide You Through Business Setup in the Oman
1. Market Research and Business Planning
Analyze the Omani market, competition, and target audience. Create a business plan outline your business goals, target market
2. Choose a Business Structure
Determine the most suitable legal structure for your business (sole proprietorship, partnership, LLC, etc.) based on factors like ownership, liability, and tax implications.
3. Reserve a Company Name
Choose a unique name: Ensure it aligns with your business and is available.Submit a reservation application to the Ministry of Commerce, Industry, and Investment Promotion (MOCI).
4. Obtain Necessary Licenses and Permits
Complete the application process with relevant government authorities.
5. Register with Oman Chamber of Commerce and Industry (OCCI)
Join the OCCI to establish business legitimacy. Obtain commercial registration: Receive the necessary certificate.
6. Open a Corporate Bank Account
Select a suitable bank for your business needs. Complete the required formalities to open a corporate bank account.
7. Obtain Visas for Employees
If hiring foreign employees, process their visa and work permit applications.
8. Comply with Tax Regulations
Enroll with the Oman Tax Authority.
9. Set Up Your Business Premises
Secure a physical address for your business operations. Acquire permits for the business premises.
10. Launch Your Business:
Finalize setup and start operations.
Ready to start your business in the Oman or have any inquiries?
Contact our business consultancy team today for expert guidance and support every step of the way
FAQ'S
Limited Liability Company (LLC) is the most popular choice, followed by Sole Proprietorship, General Partnership, and Joint Stock Company (SAO). and approvals.
Yes, 100% foreign ownership is allowed in many sectors, but it’s subject to specific regulations.
Oman has a corporate tax rate of 15% and no personal income tax.
While it’s possible to manage a business remotely, having a physical presence in Oman is often required for certain business activities and legal compliance.
The process involves obtaining work permits and residency visas for employees, which requires sponsorship by the company and approval from the Saudi government.
Plus UAE provides expert consultancy and assistance throughout the company setup process, including registration, licensing, and compliance with local regulations.
Yes, Plus UAE can guide you through the process of opening a business bank account, including providing the necessary documentation.
Have any Question? Get in Touch!
Give us a call or drop by anytime, we endeavour to answer all enquiries within 24 hours on business days. We will be happy to answer your questions.
- marketing@plusuae.com
- +971 56 103 3299 / +971 2491 9050
- +971 2491 9060
- 202 Tessco Corporate Tower 1020, E11, Al Danah, Al Markaziyah, Abu Dhabi, United Arab Emirates