How to Open an LLC Company in Oman

Setting up an LLC company in Oman can be a complex process, but with the right guidance and support, it can be a seamless experience. As experts in LLC company formation in Oman, we have helped numerous clients establish their businesses in the region. From initial registration to obtaining necessary approvals, we handle every aspect of the process, so you can focus on growing your business.

What is an LLC?

An LLC is a legal entity in which the owners’ liability is limited to their investment in the company. This means that the personal assets of the owners are protected in case the business incurs debts or faces legal issues.

Legal Requirements for Opening an LLC Company in Oman

Before you start the process of opening an LLC company in Oman, it is important to familiarize yourself with the legal requirements. Here are some key things you need to know:

1. Minimum Capital Requirement: In Oman, there is a minimum capital requirement for setting up an LLC company. The amount varies depending on the business activity you plan to undertake.
2. Local Sponsor: Foreign investors looking to open an LLC company in Oman are required to have a local sponsor.
3. Business License: You will need to obtain a business license from the Ministry of Commerce and Industry to operate legally in Oman.

How to Open LLC Company in Oman

Now that you are familiar with the legal requirements, let’s take a look at the steps involved in opening an LLC company in Oman:

1. Choose a Name: Select a unique name for your company that complies with the naming regulations in Oman.
2. Submit Application: Submit the required documents, including the Memorandum of Association and Articles of Association, to the Ministry of Commerce and Industry.
3. Obtain Approvals: Receive approvals from the relevant government authorities, such as the Ministry of Commerce and Industry and the Municipality.
4. Notarize Documents: Notarize the legal documents and obtain the commercial registration from the Ministry.
5. Register with the Tax Authority: Register your company with the tax authority and obtain a tax identification number.
6. Open a Bank Account: Open a bank account in the name of the company and deposit the required share capital.
7. Obtain Licenses: Apply for any necessary licenses and permits to start your business operations legally.

Calculate Your Business Setup Cost Now

- Step 1 of 10

Q1 - Choose Your Business Category.

Pick the category that describes your business. *Please SelectAccountingAdvertisingAgriculturalFinanceLogisticsInvestmentReal EstateBrokerageConsultancy - ITConsultancy - MarketingConsultancy - HRConsultancy - MaritimeConsultancy - ManagementConsultancy - AviationConsultancy - FinanceConsultancy - LogisticsConsultancy - MediaDesignLifestyle CoachingProduction - Art/Video/Photography/Graphic DesignEvents/Exhibition OrganizersGeneral TradingTrading - GarmentsTrading - FurnitureTrading - Building MaterialsTrading - FoodstuffTrading - AutomobileTrading - ElectronicsSportsCustomer Care CenterOther

Other (please specify) *

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Q2 - NUMBER OF ACTIVITIES

3 activities are included. Additional activities can be added at AED 1000 per activity. *Please Select12345 or More

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Q3 - HOW MANY SHAREHOLDERS WILL YOUR COMPANY HAVE?

The number of shareholders will help identify the most suitable setup for your business. *Please Select12345 or More

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Q4 - HOW MANY VISAS WILL YOU NEED?

The number of visas you will need should account for your own visa (if required) and visas for the number of employees you plan to hire over the next year. *Please Select0123456

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Q5 - DO YOU HAVE A BUSINESS PLAN?

DO YOU HAVE A BUSINESS PLAN? *

• Yes
• No

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Q6 - ARE YOU CURRENTLY LIVING IN THE UAE?

Q6 - ARE YOU CURRENTLY LIVING IN THE UAE? *

• Yes
• No

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Q7 - ANNUAL TURNOVER

Your current or forecasted annual turnover for your business in the next 12 months. *

• AED 20,000 - 100,000
• AED 100,000 - 250,000
• AED 250,000 - 500,000
• AED 500,000 - 1,000,000
• AED 1,000,000 - 5,000,000
• AED 5,000,000 +

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Q8 - WHEN DO YOU PLAN TO START YOUR BUSINESS?

Q8 - WHEN DO YOU PLAN TO START YOUR BUSINESS? *Please SelectImmediatelyNext MonthUndecided

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about DO the

Q9 - CONTACT DETAILS

First Name *

Last Name *

Email Address *

Phone *

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Benefits of Opening an LLC Company in Oman

Opening an LLC company in Oman offers several benefits, including:

• Limited Liability: As the name suggests, an LLC provides limited liability protection to its owners.
• Tax Benefits: Oman offers a favorable tax environment for businesses, making it an attractive destination for investors.
• Simplified Business Setup: The process of opening an LLC company in Oman is relatively straightforward, especially with the right guidance.
• Limited liability protection for owners
• Flexibility in management structure
• Ability to apply for government tenders and contracts
• Access to Oman’s growing market
• Potential for tax advantages

Documents Required for LLC Company Registration in Oman

1. Memorandum of Association: This document outlines the company’s name, objectives, capital, duration, and other pertinent details. It must be notarized and signed by all shareholders.
2. Articles of Association: Similar to the Memorandum of Association, this document details the internal regulations of the company, such as the rights and responsibilities of shareholders and directors.
3. Copy of Shareholders’ Passports: Each shareholder must provide a clear copy of their passport for identification purposes.
4. Proof of Address: Shareholders must also provide proof of their residential address, such as a utility bill or rental agreement.
5. Board of Directors Resolution: A resolution authorizing the establishment of the company and appointing its directors must be prepared and notarized.
6. Specimen Signature Form: Shareholders and directors must submit a specimen signature form to the Ministry of Commerce and Industry.
7. Lease Agreement: If the company will operate from a leased premises, a copy of the lease agreement must be provided.
8. Bank Reference Letter: A bank reference letter confirming the financial standing of the shareholders is required.

Why Choose Us for LLC Company Formation in Oman

When it comes to setting up an LLC company in Oman, expertise and experience are key. With our team of professionals, you can rest assured that your business will be in good hands. Here are a few reasons why you should choose us for LLC company formation in Oman:

1. Expert Guidance: We have a team of experienced professionals who are well-versed in the laws and regulations governing company formation in Oman. We will guide you through the entire process, ensuring that everything is done correctly and efficiently.
2. Tailored Solutions: Every business is unique, and we understand that. We will work closely with you to understand your specific requirements and provide tailored solutions that meet your needs.
3. Efficient Process: We have streamlined our processes to ensure that LLC company formation in Oman is quick and hassle-free. We will handle all the paperwork and documentation, so you can focus on running your business.
4. Support Every Step of the Way: From the initial registration to post-registration compliance, we will be by your side every step of the way. Our team is always available to answer any questions you may have and provide support whenever you need it.

How to Set Up an LLC Company in Oman with Us

Setting up an LLC company in Oman with us is a straightforward process. Here is a step-by-step guide to LLC company formation in Oman:

1. Initial Consultation: The first step is to schedule an initial consultation with our team. We will discuss your business goals and requirements and provide you with an overview of the company formation process in Oman.
2. Documentation and Paperwork: Once you decide to proceed, we will prepare all the necessary documentation and paperwork for LLC company formation in Oman. This includes drafting the Memorandum of Association, Articles of Association, and other required documents.
3. Registration and Approval: We will submit the necessary documents to the relevant authorities for registration and approval. Our team will liaise with the authorities on your behalf to expedite the process.
4. Post-Registration Compliance: After the company is registered, we will ensure that you are compliant with all the legal and regulatory requirements in Oman. We will assist you with obtaining any necessary licenses and permits to operate your business smoothly.

In Conclusion, Opening an LLC company in Oman can be a rewarding venture for investors looking to expand their business horizons. By following the steps outlined in this article and understanding the legal requirements, you can set up your LLC company with ease. Take advantage of the benefits Oman has to offer and start your journey towards business success today. With our expertise and experience in LLC company formation in Oman, you can trust us to help you navigate the process with ease. Contact us today to learn more about how we can assist you in setting up your business in Oman.

Connect with Neeja Corporate Services

Are you looking to start your company in Oman but feeling overcome by the registration process? Don’t worry, you’re not alone. Setting up a business in a foreign country can be challenging, but with the right guidance and support, it doesn’t have to be a stressful experience. Neeja’s business setup services offer complete support and serve as a one-stop shop for company setup in Oman. We provide a wide range of value-added services, such as LLC company formation in Oman and VAT registration. Over the years, we have successfully advised many new entrepreneurs to make their business dreams a reality.

To book a free consultation, call on +971 43243031. You can also send a WhatsApp message at +971 50 465 2843. To connect over email, send us your query at [email protected].

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