Business Setup in Oman with 100% Foreign Ownership

Looking to take your Australian business global? The UAE is your gateway to international growth.
With full foreign ownership, zero personal tax, and unmatched access to both the UAE and global markets, setting up your company in the UAE has never been easier.
Trusted by founders from 160+ nationalities, with 15,000+ businesses launched and a 4.7/5 rating from 1000+ client reviews.

Talk to an Expert

•Business Setup Process | Steps

Set Up Your Business in Oman in 4 Simple Steps

01. Choose Your Business Activity and Company Structure

We match your business to the official activity codes and check them against the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) list of activities closed to foreign investors. This decides whether you need an LLC, an SPC, a sector approval, or a free zone.

02. Reserve Your Trade Name and Get Your Commercial Enrollment

We reserve your trade name on the Oman Business Platform, draft your Memorandum and Articles of Association in Arabic and English, and obtain your Commercial Enrollment from MoCIIP.

03. Secure Licenses, Approvals and Chamber Membership

We enroll you with the Oman Chamber of Commerce and Industry (OCCI), arrange your office lease and municipality license, and obtain any ministry approvals your activity needs.

04. Open a Corporate Bank Account and Start Trading

We prepare your bank file, enroll you with the Oman Tax Authority, and process investor and employee visas so your company is ready to invoice.

Take the First Step

Our Business Setup Services in Oman

One RadiantBiz consultant handles your Oman company from the first call
to the first invoice, coordinating every ministry, bank, and free zone authority for you.

Company Formation & Licensing

Company registration, licensing, and municipality approvals for mainland, SPC, branch, and free zone companies in Oman.

Residency & PRO Services

Investor and employee visas, labour clearances, medicals and resident cards, plus Ministry of Labour enrollment.

Corporate Bank Account Setup

Bank introductions matched to your activity and turnover, with a KYC file prepared by a team that knows what bank compliance desks look for.

Accounting & Bookkeeping

IFRS bookkeeping, audited annual financial statements, and a compliance calendar for every renewal and filing deadline.

Corporate Tax Services

Tax card registration with the Oman Tax Authority, VAT enrollment, quarterly VAT returns, and corporate tax filing, handled with our sister firm RadiantBiz Tax.

Legal Services

Memorandum and Articles of Association in Arabic and English, shareholder agreements, powers of attorney, and updates to owners or managers.

Attestation & Legalization

Attestation of foreign and UAE documents through the relevant Ministry of Foreign Affairs and the Embassy of Oman, plus certified Arabic translation.

Trademark & Copyright

Branch or subsidiary setup for UAE companies, with group structure, signing authority, and banking arranged so your Dubai team can run the Oman entity.

Explore the Business Zones in Oman

Choose the mainland to sell directly to customers and the government across Oman. Choose a free zone if you manufacture, store, or re-export goods. A branch or representative office suits foreign companies with a specific project or a market test.

Mainland

Company Setup

Corporate Bank

Visa

100% Foreign Ownership in Most Activities
No Minimum Share Capital for Most LLCs
Eligible for Government Tenders
Freedom to Trade Across Oman
3% Tax Rate for Qualifying Small Businesses

Freezone

Company Setup

Corporate Bank

Visa

100% Foreign Ownership
Tax Exemption for 25 to 30 Years
Duty-Free Imports into the Zone
Deep-Water Ports at Duqm, Sohar and Salalah
Ready Plots, Warehouses and Factories

Branch Office

Company Setup

Corporate Bank

Visa

Operate Under Your Parent Company's Name
Suited to Government or Approved Contracts
Low-Cost Market Entry with a Representative Office
Simple Route for UAE Companies Expanding to Oman
Option to Convert to an LLC Later

The Authorities Behind Your Oman Setup

We coordinate with everybody involved in forming and running your Oman company.

Advantages of Setting Up a Business in Oman

Full Foreign Ownership

The Foreign Capital Investment Law, in force since 2020, lets foreign investors own mainland companies outright in most activities, with no Omani partner.

No Minimum Share Capital

The old OMR 150,000 ($389,610) capital rule is gone for most LLCs, so you can start with the capital your business needs.

A Port Base Outside the Strait of Hormuz

Oman's main ports at Sohar, Duqm and Salalah face the open sea on the shipping lanes between Asia, Africa and Europe, which cuts chokepoint risk for traders.

Lower Running Costs than the UAE

Office rent in prime Muscat areas runs around OMR 6 ($15.60) per square metre a month, well below Dubai averages, and staff and renewal costs follow the same pattern.

Competitive Tax Rates

Corporate tax is 15%, or 3% for qualifying small businesses, with no tax on dividends and 25 to 30-year exemptions in the free zones.

Free Trade Access

Oman is a WTO member with a free trade agreement with the United States and access to the GCC customs union.

Growth Sectors Backed by Vision 2040

Government investment and tenders are focused on logistics, manufacturing, renewable energy, mining, fisheries and tourism.

A Direct Rail Link to the UAE

The 303 km Hafeet Rail line will connect Sohar with Abu Dhabi, turning Oman into a next-door market for UAE companies.

Cost of Setting Up a Business in Oman

Begin with Curiosity

Cost Component	Mainland LLC / SPC	Free Zone	Branch / Rep Office
Name Reservation, Commercial Enrollment & Initial Government Fees	OMR 500 (USD 1,300)	From OMR 1,000 (USD 2,600)	OMR 500 (USD 1,300)
OCCI Membership (Yearly)	OMR 50–100 (USD 130–260)	Confirm by zone	OMR 50–100 (USD 130–260)
Office Space (Yearly)	Confirm by city	Zone office, warehouse or land lease (confirm)	Confirm by city
Investor Visa	OMR 200–300 (USD 520–780)	OMR 200–300 (USD 520–780)	OMR 200–300 (USD 520–780)
Employee Work Visa (Each)	OMR 200–250 (USD 520–650)	OMR 200–250 (USD 520–650)	OMR 200–250 (USD 520–650)
Medical Test (Each)	OMR 20–30 (USD 52–78)	OMR 20–30 (USD 52–78)	OMR 20–30 (USD 52–78)
Local Service Agent	Not required for most activities	Not required	Required for branches (confirm fee)
Bank Account Opening	OMR 100–300 (USD 260–780)	OMR 100–300 (USD 260–780)	OMR 100–300 (USD 260–780)
Total Estimated First-Year Cost	OMR 1,700–3,500 (USD 4,420–9,100)	Confirm range	Confirm range

Note: USD figures are approximate, based on Oman's fixed exchange rate of OMR 1 = USD 2.6008. Costs vary by activity, location, and headcount. Contact us for an itemized quote within one working day.

Requirements for Setting Up a Business in Oman

Requirement	Mainland LLC / SPC	Free Zone	Branch / Rep Office
Passport Copy (6+ Months Validity) & Photo	✅ Required for all shareholders and managers	✅ Required for all shareholders and managers	✅ Required for the manager and authorized signatory
Proof of Address & Manager CV	✅ Required	✅ Required	✅ Required
Proposed Trade Name (2–3 Options)	✅ Reserved on the Oman Business Platform	✅ Approved by the zone authority	❌ Uses the parent company's name
Memorandum & Articles of Association	✅ Arabic and English, filed with MoCIIP	✅ Prepared according to zone rules	✅ Parent company's MOA/AOA, attested
Corporate Shareholder Documents	✅ Incorporation certificate, board resolution, POA and good standing certificate	✅ Same as mainland	✅ Plus latest audited financial statements
Attestation & Arabic Translation	✅ Required for all documents issued outside Oman	✅ Required for all documents issued outside Oman	✅ Required for all documents issued outside Oman
Office Lease	✅ Physical lease for the municipality license	✅ Zone office, warehouse or land lease	✅ Physical lease required
Sector Approval	✅ For healthcare, education, food, finance and tourism	✅ Where required for the activity	✅ Linked to the approved contract or activity
OCCI Membership	✅ Mandatory; renewed yearly	✅ According to zone rules	✅ Mandatory; renewed yearly
Visa Eligibility	✅ Investor and employee visas, subject to Omanization quotas	✅ Subject to the zone's Omanization quota (15–25%)	✅ Employee visas; rep offices are limited to non-trading staff

Note for UAE companies: UAE documents are attested through the UAE Ministry of Foreign Affairs and the Embassy of Oman in Abu Dhabi. We handle this process from Dubai.