company registration cost in oman , a stable and business-friendly country in the Gulf region, has become an attractive destination for foreign investors and entrepreneurs. The Omani government has implemented several reforms to diversify the economy and streamline business processes, including facilitating company registration and allowing 100% foreign ownership in many sectors. If you're considering setting up a company in Oman, understanding the registration costs is crucial for effective planning. This article outlines the key expenses involved in registering a company in Oman.
Key Factors Affecting Company Registration Costs
The cost to register a company in Oman depends on several factors, including:
Type of company structure (LLC, branch, joint stock, etc.)
Business activity
Capital requirements
Local sponsor or agent fees (if applicable)
Legal and consulting fees
Location of the business (e.g., mainland or free zone)
Common Business Structures in Oman
Limited Liability Company (LLC) – The most common type of entity for both local and foreign investors.
Sole Proprietorship – Suitable for Omani or GCC nationals.
Branch of a Foreign Company – Can operate in Oman under the parent company’s name.
Free Zone Company – Located in designated free zones with special incentives.
Breakdown of Company Registration Costs in Oman
1. Commercial Registration and Licensing Fees
Commercial Registration (CR): OMR 150 to OMR 300 depending on the type of activity.
Municipality License: OMR 50 to OMR 200 per year.
Chamber of Commerce Membership: OMR 100 to OMR 300 annually, based on company capital.
2. Capital Requirements
LLC with foreign ownership: Minimum capital requirement used to be OMR 150,000, but recent reforms allow some sectors to start with lower or no minimum capital if 100% foreign ownership is approved.
Omani-owned LLCs: Can start with as low as OMR 1,000 to OMR 3,000 depending on activity.
Note: Capital need not always be deposited upfront but should be documented in company formation paperwork.
3. Legal and Consulting Fees
Company setup consultants and legal services: OMR 500 to OMR 2,000+ depending on complexity and services.
These services typically include name reservation, document drafting, licensing coordination, and translation.
4. Office Rental Costs
Required for mainland businesses.
Typical costs: OMR 1,000 to OMR 5,000+ per year, depending on location and size.
Virtual offices may be allowed in some free zones.
5. Free Zone Company Registration (Optional)
Free zones like Knowledge Oasis Muscat (KOM), Salalah Free Zone, or Sohar Free Zone offer:
100% foreign ownership
Tax exemptions
- Fast-tracked registration