Oman
Oman Company Formation with Maju Management Consultancy
Oman Company Formation with Maju Management Consultancy
Welcome to Maju Management Consultancy, your trusted partner for company formation in Oman. With its strategic location, robust economy, and business-friendly environment, Oman
offers a wealth of opportunities for entrepreneurs and businesses looking to establish a
presence in the Middle East. We provide comprehensive services to ensure a seamless and efficient setup process for your business in Oman.
Our Services
At Maju Management Consultancy, we offer end-to-end services to streamline your company formation in Oman:
Business Consultation
Expert advice on selecting the right business structure and license type.
Company Registration
Assistance with documentation, compliance, and registration
procedures for a smooth setup.
Legal and Regulatory Support
Guidance on meeting legal and regulatory requirements specific to Oman.
Office Space Solutions
Helping you find the perfect office space in Oman, tailored
to your business needs.
Ongoing Business Support
Comprehensive services including accounting, HR, and marketing to support your business growth.
Types of Business Licenses in Oman
Oman offers various types of business licenses to accommodate different business activities. Here are the primary categories:
how it work?
Why Choose Oman for Your Business?
Oman is an ideal destination for businesses seeking growth and expansion in the GCC region.
Here are some compelling reasons to choose Oman for your business:
Strategic Location
Oman’s proximity to major global trade routes makes it a prime location for business operations.
Stable Economy
A diversified economy with a strong focus on sectors such as tourism, logistics, manufacturing, and technology.
Business-Friendly Policies
Attractive incentives for foreign investors, including tax exemptions and full repatriation of profits.
Skilled Workforce
Access to a talented and educated workforce, bolstered by government initiatives to promote skill development.
Why Choose Maju Management Consultancy?
Maju Management Consultancy provides ongoing support to ensure your business remains compliant with all Omani regulations.
Frequently Asked Questions
Establishing a company in Oman presents numerous opportunities for entrepreneurs and investors. To assist you in understanding the process, we’ve compiled a list of frequently asked questions (FAQs) regarding company formation in Oman and how Maju Management Consultancy can support your
business endeavors.
What types of business entities can be established in Oman?
In Oman, the primary types of business entities include:
• Limited Liability Company (LLC): This is the most common form, requiring at least two shareholders and allowing up to 40% foreign ownership.
• Sole Proprietorship: A business owned and operated by a single individual, typically reserved for Omani nationals.
• Branch Office: A foreign company can establish a branch in Oman to perform specific contracts without a local partner, subject to approval.
• Representative Office: Focused solely on marketing and promoting the parent company’s activities without engaging in direct sales.
• Limited Liability Company (LLC): This is the most common form, requiring at least two shareholders and allowing up to 40% foreign ownership.
• Sole Proprietorship: A business owned and operated by a single individual, typically reserved for Omani nationals.
• Branch Office: A foreign company can establish a branch in Oman to perform specific contracts without a local partner, subject to approval.
• Representative Office: Focused solely on marketing and promoting the parent company’s activities without engaging in direct sales.
Can a foreign investor own 100% of a company in Oman?
Yes, under the Foreign Capital Investment Law, foreign investors can own up to 100% of an Omani
company in certain sectors. However, some industries may have restrictions or require a local partner. It’s essential to verify the specific requirements for your intended business activity.
company in certain sectors. However, some industries may have restrictions or require a local partner. It’s essential to verify the specific requirements for your intended business activity.
Can a foreign investor own 100% of a company in Oman?
Yes, under the Foreign Capital Investment Law, foreign investors can own up to 100% of an Omani
company in certain sectors. However, some industries may have restrictions or require a local partner. It’s essential to verify the specific requirements for your intended business activity.
company in certain sectors. However, some industries may have restrictions or require a local partner. It’s essential to verify the specific requirements for your intended business activity.
What is the minimum capital requirement for forming an LLC in Oman?
The minimum share capital for an LLC is typically OMR 150,000 for foreign investors. However, this
requirement can vary depending on the nature of the business and the level of foreign ownership.
requirement can vary depending on the nature of the business and the level of foreign ownership.
How long does it take to incorporate a company in Oman?
The incorporation process usually takes between 4 to 6 weeks, depending on the complexity of the
business activities and the efficiency of document submission.
business activities and the efficiency of document submission.
What are the tax implications for companies operating in Oman?
Oman imposes a corporate tax rate of 15% on net profits. There is no personal income tax, and certain
industries may benefit from tax exemptions.
industries may benefit from tax exemptions.
Is a physical office required to establish a company in Oman?
Yes, having a physical office space is mandatory for company registration in Oman. The size and location depend on the nature of the business activities.
What is the Omanisation policy, and how does it affect staffing?
Omanisation is a government initiative aimed at increasing employment opportunities for Omani nationals. Companies are required to hire a specified percentage of Omani employees, which varies by
sector.
sector.
How can Maju Management Consultancy assist in the company formation process in Oman?
Maju Management Consultancy offers comprehensive support, including:
• Consultation: Understanding your business objectives and advising on the optimal legal
structure and sector-specific opportunities.
• Documentation Assistance: Preparing and submitting all necessary documents to the
Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) and other relevant authorities. 
• Local Partnership Facilitation: If required, assisting in identifying and establishing relationships with reliable local partners.
• Office Setup Support: Helping to locate and secure suitable office space compliant with
regulatory requirements.
• Regulatory Compliance: Ensuring adherence to all local laws and regulations, including
tax registration and obtaining necessary licenses.
• Post-Incorporation Services: Providing ongoing support such as accounting, PRO
services, and assistance with visa and work permit applications.
Our expertise ensures a streamlined and efficient setup process, allowing you to focus on your core
business activities.
• Consultation: Understanding your business objectives and advising on the optimal legal
structure and sector-specific opportunities.
• Documentation Assistance: Preparing and submitting all necessary documents to the
Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) and other relevant authorities. 
• Local Partnership Facilitation: If required, assisting in identifying and establishing relationships with reliable local partners.
• Office Setup Support: Helping to locate and secure suitable office space compliant with
regulatory requirements.
• Regulatory Compliance: Ensuring adherence to all local laws and regulations, including
tax registration and obtaining necessary licenses.
• Post-Incorporation Services: Providing ongoing support such as accounting, PRO
services, and assistance with visa and work permit applications.
Our expertise ensures a streamlined and efficient setup process, allowing you to focus on your core
business activities.
What ongoing compliance requirements must companies in Oman adhere to?
Companies are required to:
• Renew Licenses Annually: Ensure all business licenses are up-to-date.
• Maintain Accounting Records: Keep accurate financial records in compliance with local
regulations.
• File Tax Returns: Submit corporate tax returns and any other applicable tax filings on time.
• Conduct Annual Audits: Depending on the company size and activities, annual financial
audits may be required.
Maju Management Consultancy provides ongoing support to ensure your business remains compliant
with all Omani regulations.
For personalized assistance and to embark on your company formation journey in Oman, contact Maju
Management Consultancy today.
• Renew Licenses Annually: Ensure all business licenses are up-to-date.
• Maintain Accounting Records: Keep accurate financial records in compliance with local
regulations.
• File Tax Returns: Submit corporate tax returns and any other applicable tax filings on time.
• Conduct Annual Audits: Depending on the company size and activities, annual financial
audits may be required.
Maju Management Consultancy provides ongoing support to ensure your business remains compliant
with all Omani regulations.
For personalized assistance and to embark on your company formation journey in Oman, contact Maju
Management Consultancy today.
Let’s Connect with Us!
For personalized assistance and to embark on your company formation journey in Oman, contact Maju Management Consultancy today.
