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Categories Business, company, Oman

Company Registration Process in Oman

Various sectors in Oman accept Foreign direct investment. In most sectors, 100% foreign investment is allowed. There is no requirement to appoint a nominee or a resident of Oman to incorporate a company. Most foreign investors in Oman choose to set up a Limited Liability company (LLC). So, the steps below for registering a company in Oman would be for setting up an LLC. A person who wants to register a business in Oman must go through the following steps:

Choosing the Activities carried out in the Business

First, the person who wants to start an LLC has to decide what the business will do. If banking and insurance activities are done, the applicant would have to get permission from the Ministry of Commerce and Investment.

Registering the Company

The applicant would have to apply for a trade licence from the Ministry of Commerce and Investment before registering the company. The applicant may also need to get hold of other permits.

Submit Documents

It could take a while for the Ministry of Commerce and Investment to get back to the applicant. During this time, the person who wants to start a company in Oman (LLC) would have to make sure that all the paperwork is in order. The company's memorandum of association and articles of association are two important documents.

Reserve Name

Then, the person who wants to start an LLC has to come up with a good name for it. The name of the business must show what it wants to do. It must also be given in Arabic and mean something legal in Arabic.

Certificate of Registration

The applicant would get a certificate of Registration after the above steps have been taken. Call us today or fill up the form below to make the Oman company registration process simple. Tags: Oman Mainland Company Formation, Company Formation in Oman, Company Registration in Oman, Oman Company Incorporation, Opening Branch Office in Oman, Oman Freezone Company Formation, Salalah Freezone Oman, Special Economic Zone at Duqm, Freezone of Sohar, Freezone of Al Mazunah
Categories Business, Business Setup, company, dubai

How to Setup Marketing Management Company in Dubai

Dubai has grown into one of the most important places for business in the Middle East. Many of the biggest companies in the world have their headquarters and do business in Dubai. Dubai has become a great place for business travellers from around the world to go because of its location. If you want to setup a marketing business in Dubai and want to know how to get a marketing management licence in Dubai, this Dubai business setup information will give you the right information and make the process of getting a business licence easier. Marketing management is how an organisation uses its resources to create and implement the best strategy to reach its desired consumer segment and sell as many services and products as possible. This business activity stands out from the rest because it helps companies come up with a detailed plan for marketing their services and products. Marketing is one of the most important things that can lead to success if it is planned, managed, and done in the right way. Entrepreneurs who want to do this kind of business should know about marketing management so they can improve their marketing skills. As a professional licence, the department of economic development takes applications from business owners who want to start a marketing management business in Dubai. The professional licence dubai, however, needs to be set up with a local service agent. The local service agent is not a partner, and his job is to start the process for any services related to residency visas for the licence. For the business activity of marketing management, there is no need for a guarantee or a security deposit.

Marketing Management License in Dubai

License Name: Marketing management License Activity Code: 741 405 License Activity Group: Marketing Management. License Type: Professional Activity Description: The marketing management license in Dubai permits for different activities which are mentioned below:
  • Administrative consultancy
  • Study organization performance for device improvement
  • Create a business plan to streamline/boost/improve business operations
  • Formulating internal policies and process for the companies
  • Restructuring and developing a strategic scheme for the organization
Marketing Management comes under the Business License category of the Profession in Dubai. With a professional business licence, business owners can legally set up their office, hire workers, apply for visas, do business with customers, and more.

The Business scope of Marketing Management in Dubai

In Dubai, marketing management is an important part of how business works. They help their clients make the most of their resources and reach their business goals. With the help of management consultants, people who want to run large businesses can change them. The people in charge of marketing will come up with consulting solutions that will help the business keep up with the latest market trends and technologies. Since the number of registered businesses in Dubai is going up, there is a lot of room for marketing management in the city's business world. For this new business to grow as much as possible, it needs a strong business plan and a strong group of people to help run the business.

Market Assessment role of Marketing Management License in Dubai

Market analysis is an important task for many new, small, medium and large businesses. Valuing complex markets can be scary for any business. Because you need to know a lot about the area and have a wide range of in-house knowledge. And a tried and true way to help the market. This is something that can only be done by a marketing management firm, which is why they come in handy in this kind of situation. With a marketing management licence in Dubai, you can fully work with the client's management team. So that the skills, goals, assets, strengths, and weaknesses of the client can be evaluated. And pick out economic and global trends, a competitive dynamic, an industry framework, technology trends, a regulatory environment, and suggestions for the client. The end result will be a plan for how to get into the market or increase your capacity in the market. This plan will include suggested ways to get into the market, such as through an exclusive venture, import, contract production, joint ventures, or acquisition.

Documents Required for Marketing Management License in Dubai

Given below are the list of documents required to apply for a marketing management license in Dubai.
  • Colour scanned passport copy
  • A document mentioning five company names with priority
  • Previous tourist, resident visa or entry stamp from UAE airports
  • NOC from sponsor if UAE resident

Launch your Marketing Management Agency Today!

Marketing sector is a Booming industry with high revenue share. All you need to do is apply for a marketing management licence in Dubai to kickstart your business. Call us now or request our expert advice by filling up the below form. Tags : Professional License Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation
Categories Business, Business Setup, company, dubai, uae

How to Setup Film & Media Production Company in Dubai

The United Arab Emirates (UAE) is a popular place for doing business. What's less well known is that the country is also becoming an increasingly popular place to make movies. In the UAE, the film and production industry has been growing over the past few years. This growth is because the government offers a lot of help and does things that are good for business. With the help of these programmes, the number of film companies in the Emirates is growing very quickly. In cities like Dubai and Abu Dhabi, you can easily start your own film production company and make a lot of money doing it. This is because there are a lot of historical buildings, state-of-the-art infrastructure, and beautiful places to shoot. When you work with a specialist in starting a business, you can be up and running in a few days. Here's what you need to know to get started in the UAE, whether you want to move an existing business there or make your first attempt at making a movie.

Steps to start a film & media production company in the UAE

In the UAE, the first steps for starting a film production company are the same as for starting any other kind of business. First, you'll have to decide if you want to run your business from the mainland or in a UAE free zone. Both have a lot going for them. Free zones like Fujairah Creative City offer benefits like a quick and easy way to start a business, ongoing business support, and financial incentives like not having to pay taxes and using any currency. A UAE film production company may also be easier to start up in a free zone than on the Dubai mainland, but more on that later. On the other hand, businesses on the mainland can trade directly with the UAE market and get contracts from the government. The right setup for you will depend on what kind of business you have. An expert in starting a business can help you make this choice by telling you which option is best for your needs. Before you apply for a licence, you'll also need to choose a name for your business. At this point, there are a few important things to remember, many of which would not be true anywhere else in the world. You can approach Business Setup Companies in Dubai for all incorporation process.

Setting up film production in Dubai Mainland

If you want to start a business in dubai mainland, you need to get permission from different authorities and turn in all the necessary paperwork. After the company has done everything right, the government will give it a film production licence. The film shooting process is an important part of making movies in Dubai. DFTC is the only authority in Dubai that can do this (Dubai Film and TV Commission). All of the relevant government departments and location owners work closely with DFTC. It works with the Dubai Municipality, the Dubai Police, the GDFRA-Dubai, and the RTA (Roads and Transport Authority) to find a good place to shoot a movie. This makes things easier because the company will only have to talk to DFTC, which will do all the hard work. This permit is needed to make both sound and pictures for a film. It is needed whether you want to make a movie inside or outside. You can ask permission to go on government-run, public, or private land. UAE-licensed production company is one of the most important requirements for getting a shooting permit. You also have to pay a permit fee to get a shooting permit. It has fees for both processing the application and finding a place. For public and private locations, the location fee may be different.

Starting film & media production in Free Zones

In Dubai, a lot of free zones are up and running. Most of these free zones in Dubai are only for certain kinds of businesses. Dubai Media City (DMC), Dubai Production City (DPC), and Dubai Studio City are the best places to set up a film production in a free zone (DSC). All of these free zones give companies that make movies special incentives and places to work. Your film production company can be set up in these free zones just like any other business. You need to go to the office of a relevant department and hand in all the necessary paperwork and pay the fees. DFTC is also in charge of giving shooting permits to companies in free zones. This permit is needed to make both sound and pictures for a film. It is needed whether you want to make a movie inside or outside. You can ask permission to go on government-run, public, or private land. A licensed film/media production company from the UAE is one of the most important requirements for getting a shooting permit. You also have to pay a permit fee to get a shooting permit. It has fees for both processing the application and finding a place. For public and private locations, the location fee may be different.

Get Started

Balck Swan Business Setup can help you in completing the registration and licensing process of film & media production in Dubai at an affordable cost & at aS quickly as possible. Call us today or fillup the form below to get started with Film & Media Production Company incorporation in Dubai Mainland or Freezone. Tags : Professional License Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation
Categories Business, company, Oman

How to get Investor Visa in Oman

Oman, a small country in the south of the Arabian Peninsula that shares borders with the United Arab Emirates, Saudi Arabia, and Yemen, has a lot to offer business people and investors from all over the world. Oman is a Middle Eastern country with a population of just over five million. Despite appearances, it is approximately 30% larger than the United Kingdom. Famous for its terraced orchards, fortifications, ancient mosques, rolling sand dunes, and vibrant culture, Oman is the oldest autonomous state in the Arab area. Although work visas are available, foreign nationals are limited in the industries and occupations they can pursue once within Oman. Information about Oman's investor visa, including requirements and how to apply, is provided below.

Oman's Investor Visa Program

The Ministry of Commerce and Industry of the Sultanate of Oman oversees the government's efforts to attract foreign direct investment. "In the context of the Sultanate's effort to encourage the establishment of businesses and attract foreign investments, the Sultanate focuses on its policy of encouraging foreign capital to push the development movement to reduce reliance on oil and diversify sources of national income," the Ministry said. As part of its efforts to improve the Sultanate's attractiveness as an investment destination, the government revised its tax code in 2000. In this regard, the Sultanate provides a number of amenities, including first-rate physical infrastructure, reasonable corporate taxes (as well as tax exemptions for some types of organisations), and efforts to streamline the process of starting a firm and improve corporate transparency. The purpose of the Omani investor visa is to encourage foreign entrepreneurs and investors who meet the requirements to establish and manage a business in the Sultanate of Oman. Foreign investors also have the option of purchasing an existing firm in Oman (i.e. become a shareholder in an existing Omani company). Visas for investors in the Sultanate of Oman are valid for up to two years and can be extended in advance. If an investor or entrepreneur wants to extend their stay in Oman, they'll need to prove that they still fit the criteria for receiving a renewal investor visa and that they have no intention of withdrawing their investment from the country.

The Omani Investment Residency Program (IRP): What is it?

Beginning in September of 2021, the Omani Investment Residency Programme (IRP) will be available to those who qualify. The program's goal is to boost foreign direct investment in key sectors like tourism, mining, logistics, agriculture, fishing, healthcare, education, and information technology (IT). Promoting a greener circular economy in Oman is a primary goal in implementing the IRP. Those who qualify under this programme will be able to obtain a renewable long-term resident permit valid for either five or ten years. The purpose of the Omani investor visa is to encourage foreign entrepreneurs and investors who meet the requirements to establish and manage a business in the Sultanate of Oman. Foreign investors also have the option of purchasing an existing firm in Oman (i.e. become a shareholder in an existing Omani company). Visas for investors in the Sultanate of Oman are valid for up to two years and can be extended in advance. If an investor or entrepreneur wants to extend their stay in Oman, they'll need to prove that they still fit the criteria for receiving a renewal investor visa and that they have no intention of withdrawing their investment from the country.

Eligibility for an Oman Investor Visa

To obtain an investment visa in Oman, one must meet the following conditions:
  • The investor or business owner needs permission from Oman's Ministry of Commerce and Industry. They need evidence that the applicant is a serious foreign investor with access to necessary capital. The amount, industry, and investment strategy of the proposed investment must all be disclosed by the applicants.
  • In addition, the Omani Ministry of Manpower must issue a work visa (MOM)
  • To invest in Oman, one needs also have a residence visa.

How to Apply for an Investor Visa for Oman?

The following is a step-by-step guide (written from the perspective of someone applying from outside Oman) to obtaining an investor visa for Oman:
  1. Submit an application to the Omani Ministry of Commerce and Industry for investment approval.
  2. To obtain a work visa in the Sultanate of Oman, you must contact the Ministry of Manpower (MOM)
  3. Investors and businesspeople can obtain entrance visas to Oman at their local embassy or consulate.
  4. After arriving in Oman, an investor or entrepreneur can apply for a residence permit.
There is no minimum investment required, however a higher investment has a better probability of being approved for immigration. To qualify for an investor visa in Oman, most applicants must demonstrate that they have invested at least US$100,000 (about 40,000 Omani Rials).

Documents Required to Apply Investor Visa for Oman

  • Two passport photos of the investor or business owner (6 x 4 cm)
  • Copy of the person's passport, which must be valid for at least six months
  • If you are investing in an existing Omani business, you will need a copy of the partnership agreement.
  • If you want to invest in an existing business, you'll need a copy of their business registration from the Ministry of Commerce and Industry and a copy of their membership card from the Oman Chamber of
  • Commerce and Industry.
  • A detailed plan for spending money
  • Proof that there are funds to invest
  • The work permit from the Ministry of Commerce and Industry People from India, Pakistan, Bangladesh, the Philippines, Indonesia, Sri Lanka, Egypt, Sudan, Ethiopia, Syria, and Nepal must bring the original and a copy of their medical certificate.
  • If the foreign worker wants to bring their spouse with them, the Oman Ministry of Foreign Affairs must stamp a copy of the marriage certificate.
Tags: Oman Mainland Company Formation, Company Formation in Oman, Company Registration in Oman, Oman Company Incorporation, Opening Branch Office in Oman, Oman Freezone Company Formation, Salalah Freezone Oman, Special Economic Zone at Duqm, Freezone of Sohar, Freezone of Al Mazunah
Categories Business, Business License, company, dubai

Cosmetic Products Trading Business Setup in Dubai

Dubai is a multicultural hub with a lot of global visitors every year. The UAE government keeps making changes to make it easier and more appealing for Indian business investors to start a cosmetics company in Dubai. Starting a business that sells cosmetics is easy because the licencing and approval processes are clear and don't cost much. When you work with the business consultants at Black Swan, the processes are made easier than ever.

Cosmetic Trading Business in the UAE?

Even though times are hard, the cosmetics industry has never been in a recession, and its steady growth is clear in Dubai. It has to do with the business of beauty and health. People in Dubai want to look good and stay healthy at any cost, which is why the city is growing so quickly. In the whole Middle East, the UAE spends the most on beauty products, and Dubai spends the most. The government of Dubai also knows how important this business is and helps it in a number of ways. In both the Mainland and the free zones of Dubai, you can start a business that has something to do with beauty. In the UAE, there is a lot of growth in the business of selling cosmetics. Dubai is a popular place for tourists, and people from all over the world can find the beauty products they want there. Also, when compared to other cosmetic hubs, the UAE has the most diverse range of products. To start a cosmetics business in Dubai, you need to apply for a cosmetic trading licence. With company formation in the mainland region, investors can also trade freely in Dubai and the other Emirates. Indian business people and people from other countries who want to start their own businesses can look into it.

Cosmetic Trade License in Dubai

The government of Dubai requires that you have a valid business licence if you want to sell cosmetics there. A licence from the Dubai Health Authority or Department of Economic Development is needed for a cosmetics company on the mainland. A Trakhees Commercial Licensing Division licence is needed for an approved business activity for a freezone cosmetics company.

Steps involved in Cosmetic Product Trading Company formation in UAE

Just like registering any other kind of business, registering a cosmetics business in Dubai is easy and takes less time. Here's what to do:
  • Choose a name for your business that is different from that of any other business in Dubai.
  • Get initial approval from the Department of Economic Development for Mainland and the specific free zone authority for a Free Zone.
  • Get a licence for the DED to do business.
  • The next step is to get more permissions, such as a Health License from the Department of Public and Safety.
  • Send in the necessary paperwork, pay the fees, and register the business as a distributor of cosmetics (re-seller or importer)
1. Business Activities
To start a cosmetics business in Dubai, you must make a list of all the business activities you need to do. Make sure you list all of the business activities you'll be doing once your company is up and running. You can also ask for permission from outside sources to make changes to your list of activities. You can do that by getting in touch with the business experts at Black Swan. We'll help you ask for approvals from outside sources by taking care of application forms, paperwork, etc.
2. Name approval Registration
The first step in starting a cosmetics business in Dubai is to register your name. It helps protect your brand and gives your brand an identity. Make sure you follow all the rules for naming things to get the government's protocols in line. Never call someone names or say things that hurt their feelings or religious beliefs. Also, keep in mind that registering a trademark with a foreign trading name will cost you extra money.
3. Choose the best place for your business
Where in Dubai do you want to open a business selling cosmetics? You have a lot of choices, like going to the mainland or one of the free zones. The best place for your business to be will depend on how you run your business and how much money you have. In both the Mainland and the Free Zone, you can start a cosmetics business. Make sure to choose the best place for your business based on your needs.
4. Register the Product
Before they can start selling their cosmetics, the Indian investors and other expats must register their products. All you have to do is go to the product registration portal for the Dubai Municipality and finish the registration process. Business consultants at Shuraa India can help you register cosmetics in Dubai on the portal for the Municipality and do a lot more. The best part is that all of these services are among the least expensive in their fields.
5. Apply for a Cosmetics Trading License
After you've done all of the steps above, you can apply for a licence to sell cosmetics. Indians who want to start a business on the mainland can also talk to the DED about getting a licence. If you want to set up a business in a free zone or offshore, you can contact the relevant jurisdiction. Also, make sure you send in all the required documents and pay any outstanding bills by the due dates.
6. Open a bank account and take care of visas
In the UAE, getting a visa is easy and straightforward. By following the process for setting up a business, you and your family can apply for visas. If all the paperwork and applications you sent in are in order, you'll get the visas. A corporate bank account is a key part of keeping track of your business's money. Always open a bank account at a reputable bank that has great services and benefits for the long term. In Dubai, if you want to start a business selling cosmetics, you have to apply for a test report that shows what's in the products you want to sell. One can follow the rules of the Dubai Central Laboratory or give a report from the country of origin if the goods are being brought in. In Dubai, you can sell cosmetics like oils, creams, soaps, makeup powders, perfumes, deodorants, gels, anti-wrinkle creams, hair care products, lotions, shaving products, depilatories, and lip and eye makeup. Also, don't forget that after you register your business, you need to take one more important step: you need to register your cosmetic products in Dubai.

What are the documents required to register my cosmetic products in Dubai?

  • Laboratory Test Report
  • Company Registration Certificate
  • Certificate of Free Sales
  • Analysis Report on the Product

Register your Cosmetic Trading Business in Dubai

You made the right choice to start a cosmetics business in Dubai for a number of business reasons. You can sell a wide range of goods, choose where to do business, and get tax breaks in different ways. Now, all you have to do is talk to the business experts at Black Swan. We take care of licencing, banking, translation work, and a lot more for your convenience. Now is a good time to start a cosmetics business in Dubai, and Black Swan is the perfect partner for you. Tags : Setup Cosmetic Business Dubai, ECommerce Licence in Dubai, Trading Licence in Dubai, Trademark Registration in Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation
Categories Business, Business License, dubai

How to Open a Dental Clinic in Dubai

Dubai is the U.A.E.'s hot spot for businesses and professions. It strives to improve citizens' and expats' quality of life. Healthcare is a booming business. Dubai's government is willing to help investors and medical and dental professionals. Government-controlled hospitals can't always provide all forms of healthcare. Dubai enables doctors to open private dental and general clinics. This amenity is available on the mainland and in Dubai Healthcare City free zones (DHCC). Dubai dental clinic opening instructions are as follows, If you don't have a medical degree, you can hire a Director. To open a private clinic in Dubai, he must have a medical degree. All staff must have a UAE licence to work. In the UAE, an international credential isn't enough; doctors and nurses must pass a local exam to get licenced. All medical professionals should read and write English.

Reservation of Trade name to set up clinic in Dubai

Choosing a trade name for your medical practise is the first step in the registration procedure. The first stage in the registration process is to submit this name for review by D.E.D.

Initial approval from DED to set up clinic in Dubai

After the trade name has been reserved, the shareholder needs to send an application to DED. So that a clinic can get the first approval it needs. With this application, you must also send a copy of your passport and a few other important documents. Layout plan The clinic also needs to be approved by the Dubai municipality for this to happen.

Initial approval from DHA to opening dental clinic

After the first approval from DED, the investor will apply for a licence from DHA in the third step. The approval includes getting a licence after giving documents like a clinic's feasibility report.

Executing Documents to set up clinic in Dubai

In the fourth phase, the investor will set up papers like a lease agreement and a memorandum of agreement (MOA) to set up a clinic in Dubai.

Final approval from DED to set up clinic in Dubai

The last two steps are for DED to give its final approval. You will give all the ready documents, as well as a copy of the initial approval and the fees for registering a company. The trade licence will be given out by the DED after these documents have been checked.

Final approval from DHA to set up clinic in Dubai

In the last step, the investor will create a user ID on the DHA portal and apply online for a DHA licence. There will be a lot of information about the consultant's licence and the medical professionals. After checking the documents, the authority (DHA) will give the licence to start a clinic. This is the last step before getting approval. The investor will then be able to open the clinic wherever he or she wants. Read also

Requirements to apply for a Dental Clinic License

If a dentist wants to get a professional licence in Dubai, he or she must have the following:
  • Must have a DDS, BDS, DMD, or a degree from a reputable school or college.
  • The Ministry of Higher Education and Scientific Research must approve the programme for UAE graduates (MOHESR).
  • The dentist must have completed a one-year internship after finishing school.
  • The person applying must have a valid licence that is accepted in their home country or where they work.
  • The clinical certificate must say that the clinical PhD course will take at least three years.

How much does it cost to open a clinic in Dubai?

But the cost of setting up your healthcare business may depend on things like where the site is, who lives there, and what it is used for. No matter what, Dubai seems to be the best place to start a dental clinic or health care unit for the following reasons:
  • Your company is owned by you in full 100%.
  • No custom duties
  • There are many places in the city that can help your setup dental clinic.
  • You can work with other health care services in Dubai if you want to.
  • Investors can do business in Dubai without having to pay taxes.
If you want to open a dental clinic in Dubai, you need a Professional License from the Department of Economic Development (DED). The licence must also be approved by the Dubai Healthcare Authority (DHA), which is the main organisation that gives specific licences to resident doctors, consultants, interns, specialists, and general practitioners. You will also need a local service agent in order to get the licence registered. Tags : Dental Clinic Setup Dubai, Professional License Dubai, Healthcare Business Setup Dubai, Steps to open Dental Clinic, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation
Categories Business, company, Oman

Business Structures for Company Registration in Oman

Foreign direct investment is permitted in numerous industries. In contrast to many Gulf countries, the government of Oman has liberalised foreign investment. In most industries, 100 percent foreign investment is permitted. This is advantageous for many types of investors. A corporation may be incorporated without appointing a nominated shareholder or an Oman resident. Nevertheless, due to cultural differences, it is usually appropriate to name a local nominee shareholder. In Oman, there is no minimum share capital required for the formation of a corporation. An investor can utilise many types of business structures. In Oman, an LLC (Limited Liability Company) can be readily formed with a single shareholder and director. There is no necessity for an Oman-based shareholder or director. Consequently, a foreign stakeholder has flexibility in conducting business. Foreign investors in Oman are eligible for a variety of benefits, including interest-free loans and various subsidies. In addition, there are tax exemptions for international corporations.

The following business structures are available for company registration in Oman :

General Partnership
There are two or more partners with unlimited liability in this entity type. No minimum amount of capital is necessary to form a general partnership.
Limited Partnership
There are two distinct types of limited partnerships:
  • General Partners who are jointly and severally liable for partnership obligations. This would indicate that all partners are equally responsible.
  • A partner whose liability is limited to the amount of his or her capital commitment. The liability of this partner is restricted to the amount of the capital commitment.
Limited Liability Company (LLC)
This type of business employs between two and fifty employees. This type of entity's liability is limited to a certain amount. If this company requires any type of approval, then the regulatory body's approval must be obtained. Minimum capital requirements for this sort of entity are as follows:
  • OMR 20,000 (for Omani and GCC citizens)
  • OMR 150,000 (for a mixed shareholding with foreign shareholders).
Joint Venture
A Joint Venture is an agreement between two or more parties to form a firm for a specific project or objective. In Oman, there is no minimum capital requirement for joint ventures. A candidate for company registration in Oman may utilise the above structure if it is for a limited time or a specific purpose.
Joint Stock Companies
These organisations are founded with minimal cash. It is permitted for Joint Stock Companies to offer shares to the general public. Minimum of three shareholders are required to form this entity type. Minimum capital requirements for a Joint Stock firm are as follows:
  • Public Joint Venture Firm: 2 million OMR
  • Closed Joint Venture Company
  • Converted from another unit of measure: 1 million OMR
Holding Company
A holding company would have tremendous influence over its subsidiaries and sister companies. There would be greater than 51 percent ownership of the subsidiary corporations. A holding company may be either a corporation limited by shares or a limited liability company (LLC). The minimum required capital for a holding company is OMR 2 million.
Branch Office
A branch office is only an extension of the parent company's foreign operations. These offices can engage in profit-generating activities.
Representative Office
A representative office is an extension of the foreign parent firm, similar to a branch office. The representative office is prohibited from engaging in profit-generating activities. The representative office is only permitted to engage in activities that promote the foreign parent firm and marketing. Tags: Company Registration in Oman, Oman Mainland Company Formation, Company Formation in Oman, Company Registration in Oman, Oman Company Incorporation, Opening Branch Office in Oman, Oman Freezone Company Formation, Salalah Freezone Oman, Special Economic Zone at Duqm, Freezone of Sohar, Freezone of Al Mazunah
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