Fees and timelines in 2024

Fees

pay fee by instalmentsOman company incorporation costs in Year 1 amount to US$10,250 and annual company costs in Year 2 and thereafter amount to US$0. The average fee per Omani company setup engagement amount to US$38,119, which includes Oman company registration, annual services for company secretary in Oman, estimate of Oman government costs and Omani corporate bank account.

Different Oman company types Cost Draft invoice
100% foreign owned Oman LLC setup US$38,119 View invoice PDF
70% foreign owned LLC US$29,550 View invoice PDF
100% GCC owned LLC US$22,438 View invoice PDF
Free zone company US$29,800 View invoice PDF
Oman Sohar Free Zone company with General Trading License US$37,405 View invoice PDF
Branch of a foreign company US$34,419 View invoice PDF
Representative office US$27,450 View invoice PDF
Subsidiary LLC US$38,119 View invoice PDF
Holding company LLC US$29,410 View invoice PDF
LLC with employment visa US$30,850 View invoice PDF
Limited partnership US$27,600 View invoice PDF
Joint stock company US$29,950 View invoice PDF
Oman Commercial agency US$15,100 View invoice PDF

Click here to create your own Oman company setup invoice

Timelines

The average Oman engagement period is 14 weeks as outlined below:

Service 70%
Foreign
Owned LLC
100% Foreign Owned LLC 100% GCC owned LLC Free Zone Branch office RO Limited partnership JSC
Engagement planning 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Entity registration 4 weeks 4 weeks 3 weeks 6 weeks 6 weeks 6 weeks 4 weeks 6 weeks
Corporate bank account approval 6 weeks 6 weeks 6 weeks 6 weeks 6 weeks 6 weeks 6 weeks 6 weeks
Corporate internet banking approval 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Engagement completion 1 week 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Total engagement period 14 weeks 13 weeks 13 weeks 16 weeks 16 weeks 16 weeks 14 weeks 16 weeks


oman business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Oman, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!