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Fees and timelines in 2024

Fees

Oman 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

Select the services you require and get the total fees to setup an Oman company at end of this table:

Select	Service	Fee (US$)	Frequency
	Oman Company incorporation fees (without travel)	10,250	One time
	Locate physical office premises in Oman	1,950	One time
	Multi-currency corporate bank account opening for the Oman company	4,950	One time
	Residence and employment visa for one employee	3,950	One time
	Residence and employment visa for two employees	6,900	One time
	Year-end accounting and tax service for Oman company	7,970	Annually
	Government registration fees	11,534	One time
	Project management fees	7,675	One time
	Tax & VAT registration fees	1,760	One time
	Passive nominee public relations officer	950	One time
	Nominee resident director and shareholder	14,600	Annually
	Nominee non-resident director and shareholder	6,600	Annually
	Arabic translation, notarization and Ministry of Foreign Affairs fees (estimated per document)	800	One time
	Monthly bookkeeping service (estimate)	860	Monthly
	Corporate merchant account approval	4,950	One time
	Corporate brokerage account approval	2,950	One time
	Business website building	2,500	One time
	Phone answering service	900	Annually
	Office mail service	900	Annually
	Fax forwarding service	600	Annually
	Business stationery design with logo	950	One time
	Monthly payroll up to 5 staff	550	Monthly
	Trademark registration	3,950	One time
	Find an apartment for your staff	950	One time
	Total fees (US$)	0

Other fee considerations

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

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:

Mr. Petar Chakarov
Senior Manager, Sales and Business Development
Get in touch

Testimonial

“Pirster Pte is happy with the work that Healy Consultants undertook for the company. International incorporation can be fraught with opacity, anxiety and vulnerability - especially if it is being done remotely as we did. Healy Consultants worked really hard to make it transparent, straight forward and confidence-inspiring. I look forward to working with Healey Consultants again on future work and happily recommend them to others.”

Fiona Thompson, Managing Director
Pirster Pte.

“We had taken Healy Consultants assistance in incorporating our entities in some of the complicated jurisdictions. Their approach right from the beginning has been very systematic, clear and efficient. It has been a pleasure to work with all of them.”

Mr. Aniket Chatterjee, Senior Manager - Operations & Compliance
Zomato Pvt. Ltd.

“Healy Consultants did an excellent job helping me navigate the legal and accounting rules and regulations to set up a company in Taiwan.”

Peter Rooks, President
Phoenics Electronics

“Thank you Healy Consultants for swiftly project managing my engagement. From the moment I met you in Singapore Healy Consultants attended to my requirements and specific needs. I am more than satisfied with your service. Moreover, your weekly updates allowed me to continue to focus my attention on my global business while trusting you to deliver as promised.”

Shakeel Alibhai,
Fervor Montreal

“Healy Consultants, a professionally managed firm with clear understanding and knowledge about what client expects from them and delivers the same in a professional and timely manner. Kudos to their team.”

Pramod Dubey, Chief Financial Officer & Company Secretary
Accutest Research Laboratories (India) Private Limited

“Incorporating any company is comparable to setting the foundation blocks of your new company building, which you aim to build in the best location available. By choosing Healy Consultants you are laying the perfect foundations.”

Steve Hauxwell, Managing Director
Natural Resource Professionals Pte Limited.

“The one word that defines Healy Consultants is perfect professionalism. If you have Healy to set up your business abroad, you could focus on the operational overhead and let Healy take care of the rest. From Incorporation to Taxation, it’s a one stop solution. Rest assured, you will have the best people in the Industry working for you and providing you with the best possible information and suggestions.”

Raja Chakraborty, Director
Streamlyn Pte. Ltd.

“Thank you Healy Consultants for successfully project managing our business set up in Kuwait, Lebanon, Qatar and Bahrain.”

Steve Louw, UK General Counsel
JLL Group

“When it was time to establish a Space Academy in Singapore, TriVector needed a knowledgeable firm that could not only help us establish our infrastructure, but could also advise on the local and regional business climate. Healy was that firm, which is why we've been satisfied Healy Consultants for almost five years now.”

Timothy F Kauffman, CEO
Trivector Services

“Finding the right partner was critical for VESL’s expansion in Asia and working with Healy Consultants has made this possible.”

Gary Webb, Managing Director
VESL

“Healy Consultants accounting and tax support is invaluable.”

Chris Vorwerg, Managing Director
WinPCS

“Healy Consultants were instrumental in the set up of our company. They have continued to provide exceptional support and advice over the years.”

Susan Gunnery, Managing Director
Qudoss Group

“Healy Consultants is the best firm that we have ever worked with. Through our entire business relationship we were satisfied with provided level of quality and services. Healy Consultants have been responsive and detail oriented which has allowed us to stay focused on our business and not getting distracted with small details.”

Nikolay Evdokimov, Director
Appintop Echange Pte Ltd

“Not only did Healy Consultants have expert knowledge of local requirements, they also understood my needs as a foreigner, which is something lacking with the Singaporean consulting firms I spoke to. They drove the process from start to completion. I’m more than satisfied with the service.”

Michael Scholten, Managing Director
Digital Enterprise Solutions Singapore Pte. Ltd.