Different types of financial institutions, including banks, are required to obtain a financial license in Oman before they can start engaging in their specific activities. The license is issued by the Central Bank of Oman (or other financial supervisory agencies, as described further down in this article). Our lawyers in…
To lawfully do business in Oman companies have to apply for and obtain an Omani business license. In some cases, this is the Omani trade license, while for other activities the applicant will register for different purposes. Investors can obtain information about the Omani trade license and the free zone…
Entrepreneurs and individuals who derive income from the Sultanate need to open a bank account in Oman. This can be a required step (such as in the case of company creation), or an optional one that will greatly simplify one’s manner of handling local transactions. Our lawyers can help you…
PRO services in Oman refer to a set of key administrative tasks related to obtaining permits and licenses, complying with the laws for hiring foreign staff, as well as making relevant or mandatory submissions to different government agencies. The PRO services in Oman offered by our team are tailored to…
Opening a recruitment company in Oman involves following some specific regulations and procedures. Entrepreneurs must first select a business structure, choose an available business name, register a local address, and submit the relevant documents to the Ministry of Commerce. Recruitment companies must also obtain the necessary licenses or permits to…
Through the Investor Residency Program (IRP), foreign investors can obtain residency by investment in Oman. The programme offers two categories for investors to obtain residency, each with different durations and requirements. However, it's important to note that investors under the IRP are not eligible to apply for Omani citizenship, except…
A fiscal representative in Oman, also known as a tax representative, can be a person or entity appointed to represent non-established businesses or individuals for tax purposes. Non-established refers to businesses or individuals that do not have a permanent presence or physical establishment in Oman. The fiscal representative is required…
To open a representative office in Oman, it is required to follow the regulatory procedures and requirements set by the Omani government. It is highly recommended to work with our lawyers in Oman, who are knowledgeable about the country’s business laws and regulations. They can help you explain the legal…
Obtaining citizenship in Oman is a complex process, granted through specific pathways, and applicants must meet various requirements. Our lawyers in Oman specialize in immigration issues and can help you understand the process to make your Omani citizenship application successful. Omani Nationality Law The Omani Nationality Law outlines the rules…
Foreign nationals who wish to obtain an Omani residence permit will need a documented motive for stay, such as employment. While Oman allows nationals of 103 countries to enter visa-free and remain up to 14 days, those who wish to move to Oman will need to acquire the right to…