Registering a company in Oman online involves several steps. Here's a detailed guide:
Steps for Oman Company Registration Online:
Create an Account on the MOCI Portal:
Visit the Ministry of Commerce, Industry, and Investment Promotion (MOCI) official website.
Create a user account if you don't have one already. This account will be used to access the online registration services.
Select Company Type:
Choose the type of company you want to register. Common types include LLC (Limited Liability Company), SAOC (Joint Stock Company), and branches of foreign companies.
Submit Name Reservation Application:
Submit an application to reserve your company name. The proposed name must comply with Oman's naming conventions and should not be already in use.
Prepare Documents:
Gather all required documents. These typically include:
Passport copies of shareholders and directors.
Memorandum and Articles of Association.
Lease agreement for the company’s office premises.
Other documents depending on the type of company (e.g., NOC if applicable).
Draft Articles of Association:
Draft the company’s Articles of Association (AOA). This document outlines the rules governing the internal management of the company.
Submit Registration Application:
Fill out the online application form with all required details.
Upload the necessary documents, including the Articles of Association.
Pay the registration fees online.
Receive Approval:
Wait for approval from the MOCI. This step can take a few days to a few weeks, depending on the workload and type of company.
Obtain Commercial Registration (CR):
Once approved, you will receive the Commercial Registration (CR) certificate.
This certificate confirms the company's existence and allows it to legally operate in Oman.
Register for Tax and Social Insurance:
Register for taxes and social insurance with the Oman Tax Authority and the Public Authority for Social Insurance (PASI).
Obtain Necessary Permits and Licenses:
Depending on your business activities, you may need additional permits or licenses from other government authorities.
Open a Bank Account:
Open a corporate bank account in Oman. This will require the CR certificate and other relevant documents.
Start Operations:
Once all the above steps are completed, you can start your business operations in Oman.
Notes:
Local Sponsorship: In Oman, most foreign businesses require a local partner or agent who holds at least 30% of the company’s shares.
Legal Advice: It's advisable to seek legal advice to ensure compliance with all regulations and to navigate any potential challenges during the registration process.
By following these steps and ensuring all documents are correctly prepared and submitted, you can successfully register your company in Oman online.
https://www.registerkaro.in/oman-company-registration