Company setup on Invest Easy with tax card registration
We choose the legal form and activities, check whether 100 percent foreign ownership is allowed, register the company on Invest Easy, then register the tax card within 60 days and set up VAT, SPF and labour accounts.
OMR 900One time
For: Foreign investors and Omani founders forming an LLC, one person company or branch, including 100 percent foreign owned companies under the Foreign Capital Investment Law.
What we need from you
Passports and IDs of shareholders and managers
KYC
Planned activities
Licensing and restricted list check
Capital and share split
Ownership route
Office lease or premises
Municipality licence
Legalised corporate shareholder documents
If a company is a shareholder
Bank of choice
Account opening after CR
What we discuss
Do you want 100 percent foreign ownership?
Allowed outside restricted activities under RD 50/2019
Is any activity regulated (health, education, finance)?
Extra approvals
Will the company qualify for the 3 percent small company rate?
Rate tests are in RD 9/2017
How many staff and which nationalities?
Omanisation targets and work permits
When will trading start?
Starts the 60 day tax card clock
What we file
Register the company and activities
Obtain municipality and sector licences
Register the tax card
Trading starts 1 March: tax card registration due by 30 April
Register for VAT if thresholds are expected
What you get
CR and licences
Tax card
First year compliance calendar
The law
- Foreign Capital Investment Law, Royal Decree 50/2019: Allows up to 100 percent foreign ownership outside restricted activities Source
- Commercial Companies Law, Royal Decree 18/2019: Company forms, auditors, dissolution and liquidation Source
- Royal Decree 118/2020 amending the Income Tax Law: Single return within four months of year end from 2020; tax card registration within 60 days of starting business and updates within 30 days Source
- Income Tax Law (tax card): All taxpayers must hold a tax card; number shown on contracts, invoices and tax letters Source
Questions people ask
Contact us to book
Online payment in OMR is not open yet. Send us a message and an adviser for Oman confirms the scope and the fee before any work starts.