The cost of company registration in Oman can vary depending on the type of company you are registering, the number of shareholders, and the location of the company. However, there are some general costs that you can expect to incur.
Initial registration costs
The initial registration costs for a company in Oman include:
- Oman Commercial Register (OCR) registration fee
- Oman Chamber of Commerce and Industry (OCCI) registration fee: T
- Stamp duty
- Legal fees
Annual maintenance costs
In addition to the initial registration costs, there are also annual maintenance costs associated with owning a company in Oman. These costs include:
- Oman Commercial Register (OCR) renewal fee
- Oman Chamber of Commerce and Industry (OCCI) renewal fee
- Taxes: Companies in Oman are subject to a variety of taxes, including corporate tax, income tax, and value-added tax (VAT). The tax rates for these taxes will vary depending on the type of company and the level of profits.
Other costs
In addition to the initial registration costs and annual maintenance costs, there may be other costs associated with registering a company in Oman. These costs may include:
- Accounting fees: Companies in Oman are required to have their accounts audited by a qualified auditor. The auditing fees will vary depending on the size and complexity of the company.
- Banking fees: Companies in Oman will need to open a bank account in order to conduct business. The banking fees will vary depending on the bank and the type of account.
- Licenses and permits: Depending on the type of business you are operating, you may need to obtain various licenses and permits from the government. The cost of these licenses and permits will vary depending on the type of business.
Total cost
The total cost of registering a company in Oman will vary depending on the type of company, the number of shareholders, and the location of the company. However, you can expect to pay between 1000 OMR and 5,000 OMR for the initial registration costs and annual maintenance costs.
Conclusion
The cost of company registration in Oman can be a significant expense. However, it is important to remember that these costs are one-time costs and the annual maintenance costs are relatively low. If you are considering registering a company in Oman, it is important to factor in the cost of registration and maintenance when making your decision.
Tags : Company Registration Consultants in Al Buraimi, Company Registration Consultants in Sohar, Business Setup Consultants in Ibri, FDO Shines a Spotlight on Oman’s Fisheries Sector at GFF & SE Russia, How to Setup a Restaurant Business in Oman, How to Set Up a Free Zone Company in Oman, Sole Proprietorship Company Registration in Muscat, Tunisian Business Delegation Explores Investment Opportunities in Samail Industrial City, Setup Dental Clinic in Oman, Company Registration Consultants in Al Suwayq, Business Setup Consultants in Sur, Company Registration Consultants in Rustaq, Standard Chartered Issues First Green Guarantee for Solar Project in Oman, Company Registration Consultants in Muscat, Business Setup Consultants in Nizwa