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.

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