Normally, the activities in commercial registration are adding the time of a company's registration. At company registration time, the shareholders can select multiple activities to add to the CR. However, all activities will be recorded in CR as license pending. To remove pending licenses from commercial registration, license approval is required before starting a business. To obtain a license, you have to start doing preparatory work, such as renting rooms. Once the rent agreement is done, you can apply to activate business activities through the InvestEasy portal. Business activities can commence as soon as a license has been approved. Each legal type has different update fees.
The investor can add or remove business activities from the commercial registration by updating the registration. The Ministry of Commerce, Industry, & Investment Promotion (MoCI) has allowed investors to update the commercial registration through service delivery offices. The applicant has full responsibility for the commercial registration data updates. All Omani citizens and foreigners with an Oman ID, Resident Card, or Passport can use the service.
To update a CR, the investor needs to visit service delivery offices or open the investeasy portal ( https://www.business.gov.om/ieasy/wp/en/ ) ( https://www.business.gov.om). After this, select the CR you need to update and start the service. If additional documents are needed, scan them with sufficient quality, one document per file. If the requirements have been met and all the documents are prepared, you can continue the update process. To submit the application, all required fields in the form must be filled in. All of the shareholders must be able to provide a digital signature via the PKI or a signature in the application letter. A commercial registration update is done instantly, as soon as the application has been signed by signatories and the ministry fees have been paid.
We at Feamish Business Solutions can make the process seamless; in just 3 to 4 working days, we can complete the entire process. If you have any missing documents, Feamish Business Solution can help you overcome that.
Commercial registration activities play a vital role in fostering entrepreneurship, economic growth, and overall business development. By streamlining the registration process and providing support to aspiring entrepreneurs, governments and organizations can pave the way for a thriving business ecosystem. In this article, we delve into the importance of supporting commercial registration activities and highlight the numerous benefits it brings to businesses and the economy at large.
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