Rohit Singh
Legal Requirements to Start a Business in Oman (15 อ่าน)
7 มิ.ย. 2568 13:45
Starting a business in Oman offers many opportunities, especially given the country's strategic location and growing economy. However, understanding the legal requirements to start a business in Oman is crucial for a successful setup.
First, foreign investors must determine the appropriate business structure. The most common option is a Limited Liability Company (LLC), which typically requires an Omani partner holding at least 30% of the shares, although 100% foreign ownership is allowed in many sectors under the Foreign Capital Investment Law.
Next, the business must be registered with the Ministry of Commerce, Industry and Investment Promotion (MOCIIP). This includes obtaining initial approval for the business name and activities, submitting the Articles of Association, and completing company registration.
Additional steps include acquiring a commercial registration certificate, obtaining a tax card from the Tax Authority, and registering for social security if hiring employees. Certain industries also require specific licenses or approvals from regulatory bodies.
Businesses must also adhere to Omanization policies, which mandate hiring a percentage of Omani nationals depending on the sector.
Meeting these legal requirements to start a business in Oman ensures compliance with local laws and paves the way for long-term operational success.
Rohit Singh
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