Limited Liability Companies (LLC) are the most popular form of foreign company formation in Oman. Foreign investors could previously only own 70% of their business, with an Omani partner owning the remaining 30%. However, in January of 2020, the Foreign Capital Investment Law (FCIL) by Royal Decree No: 50/2019 allowed foreign investors to own 100% ownership of their businesses in many industries in Oman mainland.
Limited Liability Companies (LLC) are the most frequently used business entity in Oman due to their speedy establishment, limited liability, and relaxed share capital requirements. A mainland-registered entity is allowed to carry out its business activities throughout the Omani market. LLCs are typically preferred by investors to other types of Omani companies as they are subject to lower capitalization requirements, have a simpler regulatory regime, and are, by comparison to other types of Omani companies, more straightforward to establish.
A minimum of two shareholders are required to create a limited liability company in Oman. There is no limit to the number of shareholders who can form a partnership in the company. The total 100% share has to be divided by all partners.
A limited liability company (LLC) is a popular business structure that combines elements of both partnerships and corporations. It provides the owners, known as members, with limited liability protection, similar to shareholders in a corporation, while offering the flexibility and simplicity of a partnership.
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When it comes to choosing the optimal business structure and ensuring ongoing compliance, we pride ourselves on our meticulous approach.
Setting up a business in Oman with a visiting visa involves registering your business finding a local sponsor can set up a successful business.
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Besides keeping track of your compliance deadlines, we are proactively monitoring any changes in regulations and advising on how to implement them. Solutions.
Services
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.
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