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Fees and timelines in 2023

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 typesCostDraft invoice
100% foreign owned Oman LLC setupUS$38,119View invoice PDF
70% foreign owned LLCUS$29,550View invoice PDF
100% GCC owned LLCUS$22,438View invoice PDF
Free zone companyUS$29,800View invoice PDF
Oman Sohar Free Zone company with General Trading LicenseUS$37,405View invoice PDF
Branch of a foreign companyUS$34,419View invoice PDF
Representative officeUS$27,450View invoice PDF
Subsidiary LLCUS$38,119View invoice PDF
Holding company LLCUS$29,410View invoice PDF
LLC with employment visaUS$30,850View invoice PDF
Limited partnershipUS$27,600View invoice PDF
Joint stock companyUS$29,950View invoice PDF
Oman Commercial agencyUS$15,100View invoice PDF

Click here to create your own Oman company setup invoice

Other fee considerations

Timelines

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

Service70%
Foreign
Owned LLC		100% Foreign Owned LLC100% GCC owned LLCFree ZoneBranch officeROLimited partnershipJSC
Engagement planning1 week1 week1 week1 week1 week1 week1 week1 week
Entity registration4 weeks4 weeks3 weeks6 weeks6 weeks6 weeks4 weeks6 weeks
Corporate bank account approval6 weeks6 weeks6 weeks6 weeks6 weeks6 weeks6 weeks6 weeks
Corporate internet banking approval2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Engagement completion1 week1 week1 week1 week1 week1 week1 week1 week
Total engagement period14 weeks13 weeks13 weeks16 weeks16 weeks16 weeks14 weeks16 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!
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