Oman has introduced significant changes to its labor and residency policies aimed at increasing local employment and regulating expatriate hiring. 📌 Key Updates Effective April 2024: Foreign-owned companies must employ at least one Omani national within their first year of operation. The Ministry of Labor has banned 32 additional job titles from being held by…
Oman has introduced significant changes to its labor and residency policies aimed at increasing local employment and regulating expatriate hiring. 📌 Key Updates Effective April 2024: Foreign-owned companies must employ at least one Omani national within their first year of operation. The Ministry of Labor has banned 32 additional job titles from being held by…
Registering a company in Oman is fast and cost-effective. If all documents are in order, the entire process—from name approval to receiving the Commercial Registration (CR) certificate—usually takes 1 to 2 weeks. For a Limited Liability Company (LLC), the initial registration fee is around OMR 295, depending on the company type and share capital. Recent…
Once your company is registered, the next step is opening a corporate bank account. Omani banks like Bank Muscat, National Bank of Oman, and international options like HSBC offer a range of services. 📑 Commonly required documents include: Trade license (CR) Notarized Articles of Association List of authorized signatories Passports and visas of directors Office…
