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Categories Business, company, Oman

Visa Services in Muscat – Oman

Visitors to Oman are required to seek a visa in advance, unless they come from one of the visa-exempt countries or are citizens of a nation that permits them to receive a visa upon arrival. Gulf Cooperation Council members are exempt from visa requirements for travel to Oman. All visitors must possess a passport valid for at least six months and nationals of 71 other countries and territories can apply for visas online that are good for 30 days.

How many types of visas are there in Oman?

There are mainly 4 types of visas in Oman:
  • Employment Visa
  • Relative/Friend’s Visa
  • Official Visit Visa
  • Tourist Visa
In addition to Express Visa, Multiple Entry Visa, Truck Driver's Visa, Transit Visa, and Investors Resident Visa, there are additional types of Oman visas, such as Investors Resident Visa. Here's everything you need to know about Oman's key visa categories:

Employment Visa

Employment Visa is provided at the request of a local sponsor and on his/her responsibility to a foreigner seeking employment in Oman who is over the age of 21. The validity of an employment visa is three months from the date of issuance, and the sponsor must be a local citizen with full legal authority who is responsible for the accuracy of the information provided on the application form. To apply for a work visa, a candidate must submit an electronic application form downloadable from the website. It must be endorsed and stamped by the sponsor, typed in Arabic for Arab nationals and English for non-Arabs, and include the following visa requirements for Oman:
  • 2 passport size photographs
  • Foreign national's passport photocopy, valid for at least six months
  • A copy of the original Ministry of Manpower-issued work permit and the original permit must be submitted with each application.
  • In the event that someone other than the sponsor submits the application, that person must be an Omani citizen and in possession of a documented authorization given by the Directorate General of Passport & Residence.
  • Copy of the approval of the concerned authority for specific professions, such as those in education, religion, the media, medicine, etc. A medical fitness certificate issued for citizens of certain countries specified by the Ministry of Health (India, Pakistan, the Philippines, Bangladesh, Indonesia, Sri Lanka, Egypt, Syria, Sudan, and Ethiopia).

Relative/Friend’s Visa

It's available to those who are related to or sponsored by an Omani citizen. Relatives of foreign nationals currently residing in Oman can also apply for and get sponsorship from their sponsor in order to visit the country. The visa is good for a period of six months. You'll need the following papers to apply for a family visa in Oman:
  • 2 passport size photographs
  • Foreign national's passport photocopy, valid for at least six months
  • Copies of the Ministry of Commerce and Industry-issued sample signatures for authorised signers. Signature comparison requires a copy of the sponsor's government-issued photo identification when a personal sponsorship is being considered.
  • A photocopy of the visitor's passport for the person living abroad (to verify the relationship degree)
  • A letter stating the sponsor will be accountable for the visitor while they are in Oman and describing their relationship to the visitor is required.

Official Visit Visa

This visa is issued to a foreign national at the behest of a government agency in the country where the foreign national will be working. It's good for three months after it's issued, and it can be renewed for another three months after that. Someone seeking an Official Visit Visa must submit an application form that can be found online. It needs to be typed in Arabic for Arab nationals and English for non-Arab nationals, with the sponsor's signature and stamp, and it must have the following items:
  • 2 passport size photographs
  • A photocopy of the foreigner's passport, showing at least six months of validity.
  • Include a letter from the government agency that is paying for your trip, outlining your plans for the trip.

Tourist Visa

  • The competent authority issues this document to a tourist who desires to enter and remain in Oman for up to one month, with the possibility of further extensions of the same length. It's good for six months after it's issued, and it can be renewed for another six months after that.
  • A local sponsor (one of the tourist companies or offices or hotels licenced for a tourist) is required to submit an electronic application form on your behalf in order to obtain a tourist visa for Oman.
  • A letter from the sponsor or guarantor of a foreigner sponsorship application, signed by an authorised signatory and bearing the official institution seal.
  • A copy of the authorised signature page together with a copy of the business registration and chamber of commerce certificate
  • A copy of the foreigner's passport, which must be valid for at least six months from the date of entry.
  • 2 passport size photographs

Our Visa Services in Oman

Applying for, obtaining, and renewing an Oman visa are all tasks we can help you with. Specifically, we offer the following assistance with Oman visas:
  • All types of visa Application Process
  • Visa renewal
  • Visa transfer
  • Visa cancellation
  • Notarized document Submission
Tags: Company Registration in Oman, Oman Mainland Company Formation, Company Formation 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, company, Oman

Best Business Opportunities In Oman

The Sultanate of Oman located in the Persian Gulf has become a striking business investment spot. Muscat, the capital of Oman has raised its economy and positioned itself as one of the fastest-growing economies in the Arabian country.

As per a trusted source, the economy of Oman would grow 10% more by 2040. The Omani government has taken several measures to establish Oman as the main center of business opportunities. Business setup in Oman has many business establishment options that assist international investors in initiating the process. In this blog, you'll learn how to get ideas for many business opportunities available in Oman.

Omani Government Initiatives

The Omani government adopts the essential practices in leveraging the business opportunities for LLC companies and sole proprietorships in Oman. Some of them are listed below:

Oman Business Forum

The Oman Business Forum collaborates with private and public sectors to unlock business ideas and growth opportunities in Oman. The Omani government aims to achieve GDP growth through multiple businesses and to maintain a safe inflation rate. Start-ups, SMEs, and entrepreneurship can boost the country's economy to a great level.

Boosts Entrepreneurship And Start-Ups

The government of Oman is initiating plans to build a smart city. A good networking base built through trade agreements can help entrepreneurs and start-ups to climb the business ladder.

Exporting Non-Oil Products

Arabian countries are popular for exporting oil and its by-products. But the Omani government is now shifting its focus to non-oil sectors.

Vision 2040

The aim of vision 2040 is to enhance the GDP by 10%. It significantly improves the count of expats living there. Analysts predict that a 5 million population count can be reached within two years. If the population increases, the demand for business activities will be even more.

Growing Business Opportunities In Top Sectors

The government of Oman can divert its attention to a few sectors to leverage the untapped potential. These sectors are:

  • Fisheries
  • Manufacturing
  • Education
  • Mining
  • Tourism and Travel
  • Transportation and Logistics
  • Event Management
  • Technology-Based Startups
  • Health Sector
  • Medical Consultancy

Advantages Of Establishing A Business

  • No personal tax
  • Get access to a global market
  • Stable business and investment
  • World-class infrastructure facilities
  • Availability of bilingual workforce

Oman has spread their wings to businesses of several sizes and nature. When you want to establish a company in Oman, you must get the help of a business consultant who will help you in business. Black Swan can assist you in the complete process of incorporation and help you build your business in Oman.

Tags: Company Registration In Oman, Oman Mainland Company Formation, Company Formation In Oman, Company Registration In Oman, Oman Company Incorporation, Opening a Branch Office In Oman, Oman Free Zone Company Formation, Salalah Free Zone Oman, Oman Special Economic Zone of Duqm, Free Zone of Sohar, Free Zone of Al Mazunah

 

Categories Business, company, Oman

How to Open Corporate Bank Account in Oman

Oman is one of the critical logistical centers in the world. The Omani government strives to formulate policies to make their country's economy robust. This is the reason why doing business in Oman has now become easier. Incorporating your business won't be the final step, but you have to adapt to the changing business environment.

You must apply for a corporate bank account soon after your company's registration. Opening a business bank account is one of the evident proofs of your company's existence in doing business.

How Does A Corporate Account Work?

A corporate bank account focuses on offering its services to businesses and companies. One of the essential benefits of a corporate account is that it allows companies to get advice from bankers who will help them out when their business faces fiscal hardships.

Corporate Banking Features

  • Provides Assistance During Audit

The corporate bank account keeps the detailed transaction record of the company. If a company bank account is separate from a personal bank account, you don't have to comb through business and personal transactions to get the relevant information. It saves more time and the work of the auditor and the business.

  • Enhances The Image

When paying creditors or suppliers, issuing checks from your personal account won't gain any confidence. Only the business account conveys to your prospective clients and customers that you're conducting the business. When you have a separate account book then the creditors will get to know that your company is serious.

  • Ensures A Professional Appearance

Maintaining a business account augments your company's image. This means when you use cheques, the creditors will understand your business.

  • Assisting With Company Liquidation

When there is a sale in a company, an audit is taken by the buying party. If you provide more documents then it'll turn out better. It is because banks are known to be legitimate authorities for verification. These banks maintain data and statistics that make a great deal during the company's transfer.

Opening A Corporate Bank Account In Oman

When opening a corporate bank account, you should follow the regulations and rules set by the Omani Government. They have a hassle-free and simple procedure. You must gather all required documents and submit them to your preferred bank.

Oman Corporate Bank Account Opening Documents

  • Shareholder's identity card.
  • Valid passport.
  • Passport-size photos of shareholders.
  • Relevant visa.
  • Original trade license.
  • A resident card.
  • Reference letter from your previous bank.
  • A NOC (No-Objection Certificate) stating that the expected monthly salary is deposited to the employer account.
  • Proof of your residential address.

These aforementioned documents are needed to open a corporate bank account. To make it easier, we at Black Swan can help you to set up a bank account in Oman and assist you with all the necessary help in establishing your business.

Tags: Company Registration In Oman, Oman Mainland Company Formation, Company Formation In Oman, Company Registration In Oman, Oman Company Incorporation, Opening a Branch Office In Oman, Oman Free Zone Company Formation, Salalah Free Zone Oman, Oman Special Economic Zone of Duqm, Free Zone of Sohar, Free Zone of Al Mazunah

 

Categories company, Oman

How to Get an Oman Visa

Visa is an important requirement to travel to a foreign country. The visitors of Oman require a visa for traveling or to reach Oman depending on their citizenship. Using technology is easier to apply for a visa online. Here we can learn more about visas and their prevalence in Oman. Visa is the government's approval to stay for some time in that country. It comes in a stamp form that is placed on the pages of the passport. You can be a tourist or an investor, but you need a visa to stay in a foreign country. Visitors can select any type of visa which is suitable for them.

Types Of Oman Visas

There are many types of visas available in Oman. But only five types of visas are prevalent in the public.

Tourist Visa

It permits a foreigner to visit Oman for 30 days. But it can be extended for a few more days. This visa is valid to use within 6 months from the issuance. It allows a single trip to the country. The visa fee is 20 Omani riyals but on expiration, you need to pay a fine of 10 riyals per day.

Residence Visa

You must get an investor residence visa if you're a foreign investor who needs to set up a business in Oman. You should obtain a certificate of doing business from your relevant authority. The residence visa is valid for six months from issuance. After verification, you're granted 2 years of residence permit that'll get renewed upon the authority's approval.

Employment Visa

This visa allows the holder to visit Oman for employment purposes. The foreigner must fulfill two requirements: The person should be above 21 years and less than 60 years. You need an Omani sponsor who can take responsibility if there are any discrepancies in the information given. The visa is valid for three months and is extended for some time. The fee for your permit and extension is just 20 Omani Riyals. But for late renewal, you may be charged 50 Omani Riyals.

Multiple Entry Visa

When you're a foreign investor who doesn't want to live in Oman, you can ask your local sponsor to apply. So the sponsor will be liable for that foreign businessman. It is allowed even without a sponsor but only for those whose countries that are previously mentioned in the list. The multiple entry visa can be valid for six months up to a year. This permits the holder to reside in Oman only for three consecutive weeks on every visit.

Transit Visa

Transit visas can be divided into three sections:
Air Transit Visa
This visa is for expatriates given at their airway routes in the form of an application that has to be submitted by their aviation carrier. This allows the holder to enter Oman and reside there for 72 hours. The investor must carry money for covering their expenses and a valid ticket to travel the journey.
Road Transit Visa
You can use this visa for two months as provided by competent authorities coordinating with many embassies of Oman. The holder can visit nearby countries of the sultanate by legal routes for 3 days.
Sailors Transit Visa
Sailors who get inside a country through the sea and plan to leave through the air route must require a Sailor Transit Visa. They can stay for five days in that country and after that, they are charged ten Omani Riyals per day.

Documents Needed To Obtain A Visa

When your application is presented by some other person than your sponsor, then the representative should be an Omani holding the written authorization that's issued by the Directorate General of Passport and Resistance on behalf of the sponsor's request.
  • The foreigner's passport copy is valid for six months.
  • Passport-sized photos (2 in count).
  • Labor permit provided from the Ministry of Manpower and its copy for every application form.
  • Get an approval copy from the concerned authority for professions like religious, educational, medical, and media professions.
  • The certificate of medical fitness is issued to citizens of some countries like India, Philippines, Pakistan, Sri Lanka, Indonesia, Bangladesh, Syria, Egypt, Ethiopia, and Sudan by the Ministry of Health.
You must keep these documents in hand when applying for an Omani visa.

Ways To Get A Visa In Oman

It's a simple procedure to obtain a visa in Oman. If you follow these below mentioned steps, you'll get your passport within two weeks.
  • Fill out your visa application online.
  • Take a printout of your form.
  • The aforementioned documents should be enclosed along with your form and couriered to a visa office nearby.
  • Your application can be tracked online.
  • After completing the process, your passport will be couriered through a registered service.
An Omani visa can be applied by yourself, but you need to follow some guidelines recommended by the Omani government. It can be a cumbersome process, so it's better to hire services from a firm that'll help you get a visa in a hassle-free way. Get in touch with Black Swan for your visa process and for registering your company in Oman. Tags: Oman Mainland Company Formation, Company Formation In Oman, Company Registration In Oman, Oman Company Incorporation, Opening a Branch Office In Oman, Oman Free Zone Company Formation, Salalah Free Zone Oman, Oman Special Economic Zone of Duqm, Free Zone of Sohar, Free Zone of Al Mazunah
Investment Opportunities in Oman
Categories foreigninvestor, Free Zone, Oman

Investment Opportunities in Oman

Here is the path to economy variation and advantage of strategic position of Sultanate, considering its benefits of foreign investment, the Government adopted the idea to establish Free zones in many regions of Sultanate such as:

These zones are attractive zones, because of the completed infrastructure.

There are several opportunities in educational projects, services projects, gas, oil, tourism, health, and information technology shown as:

Essential Setup Services

  • Available opportunities for Architecture and Quantity Survey and Contractors.
  • The bridges, high southern way, and way networking.
  • Drainage and Dams network.
  • Water resources improvement.
  • Water sweetening stations.
  • Commercial buildings, houses, and shopping centers.
  • New extensions, ports, and airports.

Health And Education Services

Oil and Gas services
  • Available opportunities for purchases, Engineering contracting, logistics support and training.
  • Production.
  • Transport.
  • Investigation.
  • Maintenance and services.
  • Invention technology.
  • Projects of lower cleft.
Tourism Services
  • Public relations.
  • Advertisements.
  • Managing activities.
  • MICE.
  • Operating trips.
  • Operating hotels.
  • Al Mawj Recreation Place.
  • Operating recreational restaurants.
  • Blue City.
  • Muscat Golf Club.
  • Rass Al Had.
  • Al Seefa Recreation.
  • Conference center.
  • Al Salam Recreation.
  • Shinas Recreation.
  • Ras Al Hamra Recreation.
Information Technology Services
  • Call center of comprehensive training.
  • Information Technology consultancy.
  • Management system of data center.
  • Program improvement.
  • Business procedures resources.
  • Higher education.
  • Electronic legislation.
  • National services via the internet.
  • The one station service.
  • Electronic tenders.
  • Electronically pushed gate.
Other services
  • Specialized industrial training.
  • Professional management.
  • World trade.
  • Capital Investments.
  • Insurance services.
  • Logistic support.

License to Practice Dentistry & Medicine in Oman
Categories License, Oman

License to Practice Dentistry & Medicine in Oman

Overview

Take a look at these procedure to get a license to practice the profession of dentistry and medicine.

License To Practice Dentistry & Medicine

Who is eligible to request this service? Omani doctors.

Steps To Request The Service

Process Steps
Applicants of Doctor for the Ministry of Health
  • Forward the applications to the Director of Office for Public Hospitals.
  • Copy of biographical format submission.
  • Certificates of diplomas and experience copy submission.
Applicants of Doctor for specialist or consultant
  • The personal interview conducted from the Commission of Higher interviews must be passed.
  • The work offered by the Commission's recommendations must be accepted.
Category of specialist and physician assistant and specialist doctors
  • Mobilize application form submission.
  • Oral and written test results submitted.
  • Work offered by the Commission's recommendations must be accepted.
Applicants of Doctor to serve a private sector
  • Application must be submitted to the Ministry of Health to the Director of Office in the Public Hospitals in ministry.
  • Application should be submitted to serve the private sector to the Director of Public Service and private health institutions.
  • Biography copy.
  • Diploma and certificate of experience copies.
  • Inspection and audit certification of the health institution for applicant services needed to serve in a private sector.
  • Get the applicant A visa for visiting the Sultanate for a performance test.
  • Mobilize Application Form completion to enter the license tests (entry fee for licensing test).
  • Oral tests and written tests conducted by the Committee of the Ministry's office must pass the exam.
  • Labor cards and licences are to be issued.

Documents Required For The Process

  • Forms depend on the position.
  • Forms for visa process.
  • Curriculum vitae copy.
  • Certificates and diplomas of experience copies.
  • Passport's copy.
  • Photographs-2.

Special Conditions

  • Employment experience of 3 years.
  • Sponsor's letter to give permission.
  • Must be physically fit.

Duration

Applications get processed within 4 weeks of submission. Applicants get notified by telephone, e-mail, regular mail or by posting on the billboard of the Ministry's office.

Frequently Asked Questions

1. Can I take an Arabian-language exam, instead of English? No, all our exams are conducted in the English language. 2. Can I take my exam through the phone? No. All our applicants must take the test in person. 3. After passing my exam, can I defer the oral exams? Yes. Oral exams must be taken within three months from the date of passing. 4. Can I participate in the oral exam if my visa gets near completion? Yes. We do our best to arrange the exam. 5. Am I a guaranteed employee, if I pass the oral and written exams? No. You don't become a guaranteed employee until you pass the hiring process. 6. When will I get the appointment after passing the exam? As subjected to the availability of vacancies. 7. Will I get the appointment from the Ministry of Health if there is a vacancy? Yes. The Ministry staff will contact you by mail, letter or phone.
Commercial Business Registration Process in Oman
Categories Business, Business Setup, Oman

Commercial Business Registration Process in Oman

Businessmen and investors can submit applications to exercise commercial business with the Governmental commercial services and Ministry new electronic services. It was initiated in 2006, to facilitate investors for the speed registration process through the directorate of investors services in the Ministry by self or with directorates.

Directorate Of Investors Services

The electronic system of ministry started the governmental commercial services that use information technology to limit approvals related to industrial, commercial and mining forms the government sides that participate in one station. 1st stage: Apply the service to the Ministry of Commerce and Industry or its branches. 2nd stage: Procedure for finalizing the offices. 3rd stage: Self service that is planned and implemented in 2009. All the approvals and applications are online, so investors procure services in any time and place. Applications that are submitted in Muscat differ from other geographic regions and governorates. Here the applications that have been submitted in Muscat take a different direction as it is electronically shown to all directorates. It participates in the directorate of the investors services / the one station. The one station is the part of the Ministry of Commerce & Industry that has employees from official governmental bodies and different ministries responsible for approvals and license issuance to establish the commercial business in Muscat.

Mechanism To Submit Applications

1. Investors can submit the electronic application to directorates or to the investors services.
  • Book the applications of trade names.
  • Commercial record issuance applications.
  • Applications of commercial registration like sales registration, renewal, and increasing capital.
  • Registration for the applications of trade marks.
  • Commercial agencies registration applications.
  • Commercial approvals applications like marketing offers and importing licenses.
  • Applications of mining licenses.
2. New systems can reflect the simplified procedures by making use of economic activities from the international classification system, also cancelling the companies branches and corporations inside the Sultanate, where branches merge with head office under the executive order and the branches attributing the origin. 3. Notify the investor with the submitted application status through email or sms. 4. Speed and transparency to fulfil the formalities. 5. Reduce the usage of forms and paper. 6. Applications are submitted to the directorates or Ministry of Commerce, & Industry / related regional directorates/ lawyer's offices/ finalizing procedures offices/ accountants.

Procedures

1. Application submission Investors can apply for necessary commercial services to the next door's directorate of investor's services to the Ministry of Commerce & Industry in directorate or Ruwi/ related regional directorates/ lawyer's offices/ finalizing procedures offices/ accountants. 2. Data Entry Employees must input the data with computers by communicating with investors and light surveys of needed documents. 3. Issue approvals
  • Applications that don't require auditing, review, notifying the investors of needed fees through email or sms are directly approved.
  • Some applications need auditing or approvals by participating in the office. After that the investors are notified through sms or email about the application status or if any fees required.
Ways to Register a Company in Oman
Categories company, Oman

Ways to Register a Company in Oman

Foreign investors wish to know how to register a branch office or a private limited company in Oman. In the past years, Oman has built up themselves as the main nations for leading the business exchanges within the Middle East. Oman is considered as the dynamic country of the Arabian Peninsula. The economy of Oman is reliant on their oil assets. Recently, the oil business isn't as lucrative as it was in the past. It prompted the legislature of Oman to arrange gas and tourism based businesses as their main stream of income. Also, Oman likes to differentiate their business exchanges and opens up for foreign investors to work. There are some reasons why companies and foreign investors are pulled into Oman to do business. Oman has been the third biggest country of the Arabian Peninsula. Business trades are easy here because of its political stability. The social strength makes remote entrepreneurs to work with no objection. Legislature is centered with monetary advancement and they make a business friendly environment. It prompts foreign investors to inject at the capital of Oman. Foreign investors need to register their companies and make their Oman company run successfully. There are some requirements to register a company in Oman. Some paperwork and documents have to be submitted to the authorities. They are:

Basic Requirements to Register a Company in Oman

  • Minimum of 1 Director
  • Minimum of 2 Shareholders
  • Registered Office Address
  • Capital requirement of 150,000 OMR

Documents Needed

  • Shareholders' passport copy
  • Identity Card
  • Bank's initial capital deposit certificate
  • Passport copy of all authorized signatories
  • Standard company registration forms
  • Company Statues
  • Chamber of Commerce & Industry Affiliation Certificate
How To Incorporate Holding Company In Oman
Categories company, How To, Oman

How to Incorporate a Holding Company In Oman

The holding company can be formed as a limited liability company, or a joint stock company under a "CCL" (Commercial Companies Law Of Oman). A holding company must need a minimum capital of RO 2,000,000. This type of capital can be paid in full upon the holding company's incorporation or upto 50% if it's a joint stock company. When the issued share capital is partially paid, then the balance amount must be paid within three years from the holding companies' incorporation date.

Objectives Of Holding Company

  • To manage the subsidiary company or participate in managing other companies where holding company can own shares
  • The investment of funds in bonds, shares, and securities
  • Guarantees, granting loans, and finance to subsidiaries
  • Acquisition of trade marks, patent rights, concessions, intangible rights of exploitation by the company or lease their subsidiaries to other companies.
The holding company may not own interests in limited partnership or in general, as it can be prohibited to own shares in some other holding company.

Minimum Capital

The holding company has the minimum capital requirement of RO 2,000,000. The issued share capital of 50% can be paid at the incorporation time in the holding company with a balance amount to be paid within three years from the holding companies' incorporation date.

Time Duration To Set Up The Holding Company

If it's a limited liability company, the holding company can be registered in just 15 days from the date of commencement. But if it's a joint stock company, it takes at least 45 days. Similarly, ensure that RO 2,000,000 of entire capital should be paid on the time of incorporation.

Count Of Directors

In joint stock companies, there can be a maximum of 12 directors, and a minimum of 3 directors. The limited liability companies don't have the board of directors.

CCL Of Article 128

The holding companies' board of directors can call the chairman of the board of directors from the subsidiary company to attend the board of directors meeting held by their company, while considering the matters of their affiliate company. Hence they can give remarks, express their opinions, offer statements needed by the board on issues. He can participate in discussions but doesn't have the right to vote.

Expatriate Director

No restrictions on the count of expatriate directors for the board of holding companies.
Pros of Starting and investing a company in Oman
Categories company, company formation, Oman

Pros of Starting and Investing a company in Oman

The year 1970, the great Sultanate of Oman was founded and then shaped. It all happened due to the succession of the ruler in that period named Sultan Qaboos bin Said. Oman has a wide range of foreigners who settled as expats working in all kinds of companies and fields. Its population has increased from only 7 lakhs in the early stage to 5 million + now. It covers about 0.07% of the total world population. This region is highly rich in oil reserves , thus Oman has begun to expand its economy in other areas such as tourism, industries, manufacturing units and logistics. Oman is located in the south west Asia which is in the south east coast of the Arabian peninsula, bordering Gulf of Oman, gulf of Persia and Arabian sea. It lies between UAE and Yemen countries geographically. It also holds the name by being the only member of the Gulf Cooperation Council - GCC located out of gulf. Omani’s speak Arabic as their primary language. English, being the popular speaking language of the world, people here also speak English next to its mother language. English is used for commercial and trading units.

Advantages of investing in Oman

Planning to Invest in Oman ? Investments in Oman has provided many advantages for investments,
  • High political steadiness.
  • Oil and gas reserves are rich
  • Income tax is designed low for industries and companies.
  • Not only Oman national ownership is encouraged, but also foreign ownership is enlightened
  • All entities can Refurbish profits and initial investments completely.
  • Dedicated industrialization, economic diversity, privatization, economic development.
  • Savings can be done well by all the individuals as income tax is null.
  • Tax elimination or tax reduction called holiday period for 5 years is applied to business firms. This holiday period can be renewed for another 5 years if needed.
  • Easy accessible to the border regions of gulf, Asian markets and African areas.
  • Effective and balanced management of stock market
  • Well driven roadways, good airports and seaports for seaways are built in Contemporary architecture.
  • Telecom is also made effective and fast communicable
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