The Oman government has been developing its business strategy and has taken significant steps to attract foreign investors by providing a nurturing environment for company formation in Oman.
Oman, strategically positioned at the crossroads of trade routes in both the East and West, is a dynamic player in the Middle Eastern economy. With a robust foundation in oil and gas, which has historically propelled its economic growth, Oman is now expanding beyond these traditional sectors. Guided by its Vision 2040 developmental plan, the country is diversifying into areas such as education, logistics, agriculture, manufacturing, and renewable energy. This shift is creating a multitude of investment opportunities.
There are various legal forms that a company in Oman can take such as Limited Liability Company (LLC), Branch Office, Representative Office, Sole Establishment, Partnerships, Joint Stock Company, Holding Company, Free Zones and Commercial Agent (Exclusive Distributor). An LLC is the most common vehicle for setting up in Oman as a foreign investor and is often the only choice for many business activities. Many company types can now be 100% foreign owned due to an update in legislation in January of 2020.
Setting up a business in Oman involves a clear and structured process. Initially, businesses must register with the Ministry of Commerce, Industry, and Investment Promotion (MOCIIP), where they obtain the necessary trade name and complete the business registration formalities. This includes choosing the appropriate legal form for the company.
Following registration, businesses must obtain the relevant licences from various governmental bodies, depending on the business activity and sector. For instance, manufacturing companies may require additional approvals from environmental and health safety authorities.
Additionally, for specific sectors such as logistics, telecommunications, and healthcare, companies must navigate through specific procedural steps that involve feasibility studies, preliminary approvals, and sector-specific licences.
The incorporation process can be complicated in Oman and it is important that you get it right from the start. Sovereign PPG understand that entering and developing new markets is challenging and we are there to help alleviate some of these challenges and equip your business with the resources needed to make entry into Oman seamless and efficient.
Compliance with Oman’s legal framework is critical throughout the process. Businesses must adhere to labour laws, which govern employment contracts and worker rights, as well as tax regulations, which include adhering to VAT implementation and corporate tax obligations. Ensuring compliance from the start not only facilitates smoother operations but also establishes the legal foundation necessary for successful business activity in Oman.
Oman’s economic stability and modern trading system makes the county an attractive hub, specifically for logistics and trade in the Middle East. Economic diversification is a key goal of the Oman Vision 2040 programme which will continue to offer more opportunities to foreign investors in the Sultanate.
The country has designated three different free zones dedicated to specific industries as well as two special economic zones designed to ease the process of establishing a new business and encourage foreign investment.
These jurisdictions offer incentives such as 100% foreign ownership, significant tax exemptions ranging from 25 to 30 years, and simplified customs procedures, as well as exemptions from minimum capital requirements, flexibility in the repatriation of capital and profits, and streamlined “one-stop shop” services for all relevant clearances.
Sovereign PPG offer essential visa, PRO and corporate services in Oman to assist clients with the initial company setup in Oman and all business, employment, family, residence and student visa requirements. We have a strong PRO/ Government Liaison team on the ground in Oman to assist with obtaining visas.
Sovereign PPG is here to simply and streamline the time-consuming PRO and visa application processes.
Omani partner (individual or company) with a minimum 30% shareholding in order to form an LLC
ICV is a total spend retained in-country that benefits business development, contributes to human capability development and stimulates productivity in the Omani economy.
If you’re a company looking to bring in foreign talent, understanding the work visa process is crucial for compliance and a smooth transition. This will guide you through the different types of work visas in Oman, the application process, required documentation, and other considerations.
Oman have introduced a new 2 year Partner Visa. The Oman Partner visa is type of business visa in Oman
the Oman Golden Visa offers 5 or 10-year residency options independent of employment status. The programme stands out from others globally because of the variety of investment types it allows, including real estate, government bonds, and business ownership, providing multiple pathways for eligibility - making it an attractive option for a diverse range of individuals.
Within one year of beginning commercial operations, the Omani employee must be registered with the Public Authority for Social Insurance (PASI), furthering the implementation of the overarching Omanisation policy goals
Sovereign PPG have been great to work alongside and have always been very proactive and informative during the setup of our company in Abu Dhabi and the transfer of ownership of our Dubai company. They are always quick to answer our enquiries and provide thorough feedback when required. Sovereign PPG have offered the most professional PRO and company formation services that I have experienced in the GCC region, I see a great future for Sovereign PPG and they come highly recommended.
We had an excellent experience with Sovereign PPG. The team were tremendously knowledgeable and communicated with us throughout every step of the process. We were extremely pleased with the speed of conversion and will certainly recommend Sovereign PPG!
We have had a good experience with Sovereign PPG. Communication from them has always been a strong point and they completed tasks in a timely manner. Their process is also very user friendly for expat companies. We would recommend any expat company looking to set-up in the region contact Sovereign PPG.
Sovereign PPG is knowledgeable, professional and responsive. The team always provide a detailed response to emails and calls and completed tasks in a timely manner. Amazing service!
Sovereign PPG is our PRO Services provider for almost 2 years now and is always prompt in responding to our queries related to Government related transactions. They have been very helpful in various labor and immigration affairs we’ve had and provide the best solution or approach in the most cost effective way. Special thanks to their Government Liaison Specialist, Mary Ann for a job well done and making sure our visas, labor permits, government requirements are completed in a timely manner.”
I’m really pleased with all aspects of the PRO services delivered by Sovereign PPG for our company. The service offered was faultless and I am extremely satisfied with the delivery of our visa applications. The team were dedicated to our needs and have become a trusted partner.
Great service, friendly and knowledgeable staff, helped my company with visa applications, trade licence updates and changes, office relocation and many other PRO and company services. Highly recommended.
Sovereign PPG has been a big help to us in establishing our company in the UAE. Sovereign PPG are always available and attentive to respond to all our queries, highly professional employees had assisted us and are always there to guide us through a potentially complex process. Highly recommended firm to assist on all corporate related works.
Sovereign PPG are very professional and all our queries were answered and responded to promptly. They met and exceeded the level of service we expect from a service provider and they delivered within the agreed time frames. Overall, we felt the quality of their work was excellent. Sovereign PPG is a reliable business partner and we would highly recommend them.
Kaplan Genesis is extremely satisfied with the service provided by Sovereign PPG, Very professional and great customer service and support.
Special mention to Libbie (Opperation Manager) who steered our HR Deptartment through over 20 new visa and residency applications, including my own in a personable and very efficient manner.
We would highly recommend using the Sovereign PPG to the company looking to get assistance with Company Formation, Government Liaison Services in the UAE
Sovereign PPG have been a huge support to me and my business, they’ve not only assisted in the incorporation process of my company in Dubai but also provide on an ongoing basis a fully professional and trusted service covering all areas associated with my company commitments, from providing valuable guidance on the most suitable activity for my business, office search, finding the right local sponsor and handling all of the ongoing post-licensing procedures such as visa applications for me and my team.
I would highly recommend Sovereign PPG; they are a very professional and highly recommended company.
Sovereign PPG have helped us negotiate the sometimes opaque processes surrounding company set up and registration and at all times have been responsive and efficient.
I would highly recommend Pro Partner Group to any other company looking to get assistance with PRO service, Company Formation in the UAE.
Sovereign PPG is well aware about the setup processes and they know what they are doing. They are very efficient and they have a great people working for them. The team is very helpful and they updated me every single step of the way. If you are looking for a premium local partner who is reliable, I would highly recommend Sovereign PPG
Group Reel would like to thank Sovereign PPG very much for keeping good cooperation and relationships throughout the year. Sovereign PPG has a wonderful team, who act at a genuine professional level at all times.
Sovereign PPG has provided excellent support in relation to MRC Global’s Abu Dhabi based entity. Their staff are knowledgeable, professional and helpful and have proven expertise within the areas they cover. We are very pleased with their work.
We are very Thankful to Sovereign PPG and extremely satisfied about the way of processing on the each stage. The team was very helpful and they have done a good job to complete the task within one day. The team went over and above by dropping the documents at our premises. Thank you Sovereign PPG!
Sovereign PPG offer an extremely excellent, efficient, and professional service. The team were highly knowledgeable and acted very quickly to establish our Foreign Branch Office in Dubai including acquiring all paperwork and visas on time without cutting corners. I highly recommend using their services.
Sovereign PPG offered an excellent service they were very professional, efficient, reliable and so friendly.
The staff were extremely helpful even on weekends and had a great understanding assessing any issues, managing the full process in a timely manner. Even when it involved areas out of the scope of work for PPG they still assisted and went the extra mile.
We experienced a great service very professional with detailed communication throughout each stage of the process. There were a few complications due to the complexity of the set up but not due to Sovereign PPG who handled everything professionally and completed everything in a timely manner.
We were very satisfied with the service provided by Sovereign PPG. They were very professional and reliable and offered fast and efficient processing of all documents. We would use the service again in the future and would highly recommend Sovereign PPG.
We were extremely satisfied with the service at Sovereign PPG. They promptly identified that we were going to use the wrong trade license before meeting them and advised us the correct one to use. This knowledge of the market helped us to be able to do more, save money and operate our business in a better way.
Their fast, efficient and a speedy process meant we got our trade license much faster and were up and running in Dubai very quickly. We highly recommend Sovereign PPG.
As well as being easy to reach Pro Partner Group gave us quick and precise answers to all our questions which enabled us to set up our licence in an extremely timely manner. They were very professional but at the same time, able to explain easily the various problems and procedures giving us complete trust. They were pro active in finding a solution to match our needs, giving us a bespoke service and providing us with exactly what we needed.
If you are looking for a partner who is serious, honest and consistent, I would highly recommend Pro Partner Group.
The quality of services provided by Pro Partner Group is outstanding. I appreciated the professionalism, willingness to assist with any matter in both standard and non-standard requirements in shortest possible time.
Their high level of communication allowed us to perform tasks to the highest quality. They also provided assistance and clear, concise responses to any request we had.This professional service enabled us to focus on business activities rather than spending time with administration and non-business related activities, which was a great benefit to the company.
Everyone that we have dealt with at ProPartner Group has excellent knowledge of the process and bureaucracy of dealing with the necessary steps to start a business in the Middle East, making our process run smoothly and giving us trust.
We were extremely satisfied with the level of communication they provided as well as the time in which they did it, every inquiry that we had was answered within a 24 hour period.
You have to have a “Partner” in the Middle East to navigate the intricacy of business establishment in the U.A.E.and I would highly recommend that it is Pro Partner Group.
We would like to thank you James and your entire team, including Tyron and Shiraz and your accounts department for their splendid work to help us with the required steps to perform all the government related PRO services, not only for doing it in a timely manner, but also for being a class act.
We are truly grateful and we will not hesitate to sent you referrals in this regard.“
Speed and Commitment are the first 2 words that come to mind. Having dealt with a number of Company Formation agents over the years, no one has come close to the knowledge and expertise Sovereign PPG bring to the table. Nothing has ever been too much trouble and their guidance has been invaluable. We fully recommend Sovereign PPG and consider them an asset to our business.
Bridges Environmental Services LLC engaged Sovereign PPG to undertake their Government Liaison, Labour and Immigration support. They have a team of highly professional individuals and we have been impressed with their speed and attention to detail – particularly with regard to the processes here in Abu Dhabi. We will continue to use Sovereign PPG for our PRO work and I would not hesitate to recommend them to any other company looking to get assistance with Visas, Company Formation and Labour processes here in UAE.
We are extremely satisfied with the level of service Sovereign PPG provided for our company registration and business set up. Communication was always on point with very fast and concise responses. We would definitely recommend Sovereign PPG to anyone who wants to form a business in the UAE.
Sovereign PPG were able to provide excellent guidance and support to us as we established our new company in Abu Dhabi. At every step we were given detailed information by their knowledgeable team which gave us full confidence in their abilities and the peace of mind we needed.
We highly recommend Sovereign PPG. We had a great experience working with Sovereign PPG, the speed of response and clarify in explaining each process was excellent. Sovereign PPG take ownership of the process and completed tasks in a timely manner allowing for us to focus on day-to-day work.
Sovereign PPG and their team have good experience in their field and are always reachable and there to support, we would recommend them for your company's needs.
We were very happy with the quick service Sovereign PPG provided us and their communication was always on point with a rapid response time. We will surely use their services again.
We received a high level of support from Sovereign PPG and were always happy with their prompt communication and feedback. Keep up the good work!
The service which Sovereign PPG offered was beyond our expectations, the team are very attentive and professional. Sovereign PPG are great to work with and are highly knowledgeable in their field. Overall, we had a very efficient and pleasing experience.
Sovereign PPG were prompt and professional at all times. They provided sound advice and guidance in a timely manner. We look forward to continuing the relationship with them moving forwards.
I was extremely satisfied with the service provided by Sovereign PPG; they always provided quick and friendly responses and were very patient as I had (and have) so many questions being new to having a business in the UAE.
If you would like to start a company in the UAE then you can find no better resource than PPG! I highly recommend their services.
Sovereign PPG always tried to find a solution to the obstacles we faced during the incorporation of our Foreign Branch. They were fast to respond on email and always provided updates on the work in progress. If you would like to incorporate a company in the UAE, Pro Partner Group is a reliable entity to work with.
Sovereign PPG is an extremely competent organisation, that understands the process of setting up a company in the region, and can alleviate the pains of trying to do it on your own. The team involved was extremely well informed and provided prompt service to all inquiries.
Sovereign PPG provide a bespoke, timely and professional service. They have consistently supported Hertel in all of our business requirements in a very timely and professional manner. All emails are responded in matter of hours, excellent!
We have experienced fast and professional service from the team at Sovereign PPG - their staff always provide competent and on-time replies to queries
Despite setting up a company in the UAE being time consuming and laborious, Sovereign PPG are professional in their approach and offer great support throughout the process. The team is highly proactive and knowledgeable, offering effective advice and finding solutions to issues faced throughout the process. Sovereign PPG offers valuable support to businesses setting up in the UAE, I would definitely recommend them.
The team at Venture Partner Qatar provided me with consistent professional support throughout the entire company formation process. This included a constant communication channel that allowed me to have access to their team at any time. Their expertise allowed them to provide and implement great solutions to any issues that were faced. If you want to have a peace of mind during the company creation process, then use Venture Partner Qatar.
Venture Partner Qatar provided a personal approach in helping us open a branch office in Qatar. They implemented solutions that were specific to any issues or tasks that were required, particularly the local difficulties in Qatar. The team promptly replies to all requests in a professional manner. They are a trusted company that provides a wide range of services, and I highly recommend them.
Working with Sovereign PPG has been an excellent experience. From onboarding them into our company, handing over tasks and formally establishing a working relationship, everyone on their team has been fantastic to work with. I can only recommend them to any small to midsize company in the region trying to get the best HR team possible.
I greatly appreciated the professionality, efficiency, kindness, understanding, patience, and great team spirit displayed by the PPG team. A special mention to Ms. Jade Wong and Ms. Roxanne Villar who were my points of contact. The team promptly answered all my questions and provided sound advice and reliable contacts for further business support. I highly recommend working with PPG. You will receive a personal, practical, efficient, very professional service.
Always professional and excellent service, I highly recommend the Sovereign PPG team for all business set up and visa services.
Sovereign PPG are an excellent partner for new companies in Qatar. A special mention to Paulina and Nadia for being particularly great in responding to all emails and phone calls. Their communication is excellent and provided clarity around technical matters.
Book a call with one of our company formation specialists.
