Joint Partnership

A Joint Partnership type of Commercial Registration is specifically designed for a group of individuals who wish to start a business together. This type of partnership requires a minimum of two partners, but it can involve more individuals joining forces to pursue a common business goal. A Joint Partnership offers several advantages for individuals looking to embark on a business venture together. Firstly, it allows for the pooling of resources, skills, and expertise of multiple partners. Each partner brings their unique set of skills, knowledge, and experience to the table, which can contribute to the overall success of the partnership. This diversity of perspectives and abilities can enhance decision-making, problem-solving, and innovation within the business. Additionally, a Joint Partnership distributes the financial burden and risk among the partners.

Business start-up costs, operational expenses, and potential liabilities are shared among the partners based on their agreed-upon profit-sharing ratio or partnership agreement. This can alleviate the financial burden on individual partners and provide a more secure foundation for
the business. Furthermore, a Joint Partnership allows partners to benefit from each other's networks, contacts, and customer base. Partners can tap into their respective networks and leverage their connections to expand the reach of the business, acquire new customers, and foster strategic partnerships. This can result in increased market visibility, access to new opportunities, and accelerated growth for the partnership.
Collaboration is a fundamental aspect of a Joint Partnership. Partners work together towards a common vision, leveraging their combined efforts and resources to achieve business objectives. They share responsibilities, make joint decisions, and work towards mutually agreed-upon
goals. This collaborative environment fosters teamwork, synergy, and a sense of shared ownership among the partners. In terms of legal and administrative aspects, registering a Joint Partnership provides a formal framework for the business. The partnership is recognized as a distinct legal entity, separate from the individual partners. This enables the partnership to enter into contracts, open bank accounts, and engage in various business transactions in its own name.

To ensure a smooth and successful Joint Partnership, it is essential for the partners to establish clear roles, responsibilities, and a well-defined partnership agreement. The partnership agreement outlines important aspects such as profit sharing, decision-making processes, dispute resolution mechanisms, and exit strategies. This agreement serves as a blueprint for the partnership's operations, helping to mitigate potential conflicts and ensure a harmonious working relationship. Joint Partnership offers a compelling structure for a group of individuals to collaborate and
pursue business endeavors together. By combining resources, expertise, and networks, partners can create a dynamic and resilient business entity that maximizes their chances of success.

To register a Joint Partnership in Oman, the following documents are typically required: Legal Guardian Consent for Underage Omani Citizens: If any of the partners are underage Omani citizens, a legal guardian consent form is necessary. This document provides permission
from the guardian or parent of the underage partner to participate in the partnership. Non-Objection Letter from Sponsor for Residents of Oman: If any of the partners are residents of Oman but not Omani citizens, a non-objection letter from their sponsor (usually their employer or sponsor for their residency in Oman) may be required. This letter states that the sponsor has no objection to the partner engaging in business activities as part of the partnership. Passport Copy for Foreign Persons: Foreign partners are typically required to provide a copy of their passport. This document serves as identification and verifies their citizenship and personal details. Minutes of Board Meeting for an Omani Entity: If one of the partners is an Omani entity (such as a company or organization), the minutes of a board meeting may be required. These minutes document the decision and approval of the entity's board of directors to participate in the partnership. Foreign Company Registration Certificate: If a foreign company is involved as a partner, a copy of its registration certificate from its home country is necessary. This certificate verifies the existence and legal status of the foreign company. Articles of Association for Foreign Company: The articles of association of the foreign company should be provided. These documents outline the company's internal regulations, including its purpose, governance structure, and shareholders' rights and obligations

Minutes of Board Meeting for Foreign Company: If a foreign company is participating in the partnership, the minutes of a board meeting of the foreign company may be required. These minutes demonstrate the company's decision and approval to enter into the partnership. Passport Copy for Foreign Person as Signatory: If a foreign person is appointed as a signatory on behalf of the partnership, a copy of their passport should be provided. This document serves as identification and confirms their authority to act on behalf of the partnership. It's important to note that these document requirements are based on general practices and may vary depending on the specific rules and regulations of Oman. It is advisable to consult with local authorities or seek legal advice to ensure accurate and up-to-date information for registering a Joint Partnership in Oman

Joint Partnership will be subject to foreign investment rules in the following cases:

  •  Any of the Partners is a foreign person (not citizen of a privileged country)
  • Company (a juridical partner) has no foreign persons as partners, but has
  •  Partners from more than 1 privileged country at the same time.
  • Partners of Omani citizens, GCC citizens and any privileged country citizens at the same time.
We Support

Unleash Your Potential with Our Joint Partnership Support

At Feamish Business Solutions, we believe in the power of collaboration and recognize that joint partnerships can drive extraordinary results. We are dedicated to supporting and empowering businesses through strategic alliances, fostering growth, and maximizing success. With the ever-evolving and competitive business landscape, it has become crucial for organizations to explore new avenues for growth. Joint partnerships offer an incredible opportunity to leverage complementary strengths, resources, and expertise, leading to accelerated innovation, expanded market reach, and shared success.

The Key to Thriving in a Competitive Landscape
A Formula for Success
The Essence of Joint Partnerships
Embracing Joint Partnerships
Embrace the Strength of Joint Partnerships
Get in Touch

Our Services

High Quality Services

Efficient solutions

When it comes to choosing the optimal business structure and ensuring ongoing compliance, we pride ourselves on our meticulous approach.

Develop Process

Setting up a business in Oman with a visiting visa involves registering your business finding a local sponsor can set up a successful business.

Strategy & Planning

Developing a solid strategy and planning process is critical for any organization or business looking to achieve its objectives and succeed.

Support for your growth

Business support can provide valuable content in various forms to help businesses succeed. support can offer valuable content to help businesses grow.

Audit & Evaluation

Audit and evaluation are two important processes that organizations use to ensure that their operations are running effectively and efficiently.

Consultancy & Advice

businesses that are starting up or expanding. consulting with a business mentor can be immensely helpful. That is why consultancy and advice services

Consulting Services

These professional advisors offer invaluable insights, guidance, and strategic support to help businesses thrive and achieve their goals.

Business Services

Oman has been considered the most favoured destination for investment for start-ups as well as established companies.

Proactive compliance

Besides keeping track of your compliance deadlines, we are proactively monitoring any changes in regulations and advising on how to implement them. Solutions.


Services That We Excel At

Innovation and Collaboration

Collaboration within a joint partnership fosters a culture of innovation. When partners from different backgrounds, industries, or disciplines come together, fresh perspectives and ideas emerge. The sharing of knowledge, research, and best practices sparks creativity and encourages the development of new products, services, or solutions.

Enhanced Competitive Advantage

Through a joint partnership, organizations can strengthen their competitive advantage in the market. By combining complementary strengths and resources, partners can offer a more comprehensive and compelling value proposition to customers. This collaboration allows for the development of unique products or services, improved customer experiences, and increased operational efficiencies.

Cost Efficiency

Joint partnerships often result in cost savings and improved cost efficiency. By pooling resources, partners can reduce duplicated efforts, eliminate redundancies, and streamline operations. Joint procurement and shared infrastructure can lead to bulk purchasing discounts, better negotiating power with suppliers, and reduced overhead costs.

Let's Start Something Great !

Need any help?
(+968) 97541160 - 97541150 - 22556563

Our Company

Feamish Business Solutions offers a range of services to help entrepreneurs and investors establish and grow their businesses in Oman. Our company formation services are designed to save you time, effort, and money by providing comprehensive packages that take care of all aspects of setting up a business in Oman. Our team of experienced professionals is well-versed in Oman's legal and regulatory framework, which makes us the ideal partner for businesses looking to enter the Omani market. We understand that starting a business can be a daunting task, and that's why we're here to guide you every step of the way. We pride ourselves on providing our clients with personalized and customized services, ensuring that each client's unique needs are met. Our goal is to help you establish your business in Oman quickly, efficiently, and with minimal stress. Feamish Business Solutions offers a one-stop-shop for all your business setup needs in Oman. With our comprehensive range of services and experienced team of professionals, we make the process of setting up a business in Oman easy, affordable, and stress-free.