All types of Consultancy activities will still require a Local Omani shareholder and these requirements remain the same – a foreign company or investor can only set up a consultancy office in a partnership with an Omani company or individual. The Omani partner is required to hold a minimum of 35% of the shares in the new company. The minimum share capital requirement – OMR 150,000 is not required to be deposited, however part of this amount has to be available as a proof of funds.

The Company’s incorporation documents – Certificate of Incorporation / Trade Licence, Memorandum of Association, Certificate of Incumbency or equivalent and a Board Resolution & Power of Attorney to incorporate the company in Oman. These documents will need to be Notarized, Legalized and Attested from the country of origin and sent to PPG in Oman for Legal Translation and stamping in Country.

• • • Project description
    • Investment costs
    • Date to start project

• • • Proposed Company Name
    • Shareholding structure with nationality and % holdings – individual or corporate shareholders
    • The proposed Company Grade – The Company Grade is on a scale from 4 – 1 (with an ‘excellent grade’ above grade 1) Share Capital requirements for Grade 4 is OMR 20,000, going up to OR 150,000 for Grade 1, and OR 250,000 for excellent grade. Note that Share Capital is no longer required to be deposited prior to opening the company. The Grade of company will directly affect the Omanisation requirements and the activity types that the company can obtain.
    • The confirmation of the Financial Year of the company
    • The proposed activities of the company
    • The authorized signatures and manager of the company with level of control in the business from admin to full manager
    • The form is signed and authorized by the shareholders

Step1. Prepare the documents, send the originals to PRO Partner Group PPG in Oman (see below document requirements)

Step 2. Commercial Registration (CR) with MOCI – trade name and initial approval, Business Plan and CR Application form

Step 3. Chamber of Commerce (CC) Registration – Completed CR required

Step 4. Office/Warehouse Lease Arrangement.

Step 5. Municipality License Application – Completed CR required + Lease Agreement. At this stage the Company is fully registered.

Step 6. Ministry of Finance (MOF) registration mandatory registrations with MOF for the tax department and annual audit requirements

Step 7. Ministry of Manpower (MOM) – mandatory requirement and essential if the company wishes to apply for labor quota and to obtain staff visas.

Step 8. PRO registration on the CR – the company is required to have a PRO named on the CR to be able to apply for visas with Royal Oman Police (ROP). This must be an individually named Omani PRO. Note that PPG can act as your registered PRO in this regard to assist.

Step 9. Any additional External Approvals depending on the company’s activities – for example Oman Customs registration for trading of goods and import of goods.

1. Overall Government Registration Fee have increased recently in January 2020 – the new fees are OMR 3500, covering MOCI, CC, MOF & MOM
2. Municipality Licence cost based is based on the lease value and the activities of the company
3. Oman Customs Government registration fee is OR 20