doing business in oman 2026: opportunities, company setup & visa guide

Oman has transformed itself into a dynamic business hub in the Gulf region. Traditionally dependent on agriculture, fisheries, and oil revenue, the Sultanate is now diversifying into manufacturing, logistics, tourism, technology, and services.

For foreign investors and entrepreneurs, Oman offers a stable political system, tax advantages, and business-friendly policies. With the introduction of the Oman eVisa system, traveling for business setup or meetings has become easier than ever.

This article will cover:

• Why Oman is an attractive business destination in 2026

• Key sectors and government incentives

• Business structures available for foreign investors

• Step-by-step requirements to start a business

• Importance of securing the right Oman visa online

Why Do Business in Oman? 

1. Economic Diversification Goals 

Oman Vision 2040 emphasizes reducing oil dependency and promoting non-oil sectors such as:

• Manufacturing

• Logistics and transport

• Tourism and hospitality

• Pharmaceuticals and healthcare

• Renewable energy

2. Political Stability 

Oman is one of the most politically stable countries in the Middle East. Its strong governance ensures that development projects and foreign investments are safeguarded, giving investors confidence.

3. Tax Benefits 

• No personal income tax

• Flat 15% corporate tax for most companies

• Special tax exemptions in Free Zones (Duqm, Salalah, Sohar)

4. Free Trade Agreements 

• Duty-free trade within the Gulf Cooperation Council (GCC)

• Free Trade Agreement (FTA) with the United States

• Strong diplomatic ties with Europe and Asia

5. Infrastructure Development 

Mega projects that support business growth include:

• Muscat International Airport Expansion

• Mina Sultan Qaboos Waterfront Project

• Salalah LPG Project

• Development of Duqm Special Economic Zone

Starting a Business in Oman 

Business Registration Process 

To legally start a business in Oman, you must obtain:

1. Commercial Registration from the Ministry of Commerce, Industry and Investment Promotion (MOCIIP)

2. Membership with the Oman Chamber of Commerce

3. Municipality License (Muscat Municipality or local equivalent)

Ownership Rules 

• At least 30% Omani ownership is required for most companies

• 100% foreign ownership is permitted if:

  • Minimum capital investment of OMR 500,000

  • The business contributes significantly to Oman’s economy

  • Approval is granted by MOCIIP

Types of Business Entities in Oman 

1. Joint Stock Company (SAOG or SAOC) (h3)

   • Requires at least 3 shareholders

   • Liability limited to the value of shares

   • Must submit detailed constitutional documents including:

     • Company name and headquarters

     • Business activities

     • Capital structure

     • Management framework

     • Profit distribution rules

     • Dissolution procedures

2. Limited Liability Company (LLC) (h3)

   • Minimum capital: OMR 20,000

   • Between 2 to 40 partners allowed

   • Most popular business form for foreign investors

3. Foreign Branch/Representative Office (h3)

   • Allows foreign companies to operate directly in Oman

   • Requires prior approval from MOCIIP

4. Sole Proprietorship (h3)

   • Only available for GCC citizens and US nationals (under the FTA)

5. Joint Venture & Partnerships (h3)

   • Flexible structures for collaboration with Omani entities

Work & Business Visa Requirements 

Foreigners looking to establish a company or work in Oman require the correct visa. Options include:

• Oman Business Visa – for investors and entrepreneurs

• Oman Work Visa – for employees hired by Omani companies

• Oman Visit Visa – for short business trips, meetings, or conferences

👉 Apply easily through Oman E Visa Online to save time and avoid delays.

Benefits of Investing in Oman 

• Safe and politically stable environment

• Attractive taxation policies

• Growing opportunities in tourism, renewable energy, and logistics

• Access to GCC and international markets

• Government incentives for foreign investors

Conclusion 

Oman’s business-friendly policies, tax incentives, and stable economy make it one of the most attractive destinations for entrepreneurs in 2026. Whether you want to launch a startup, expand your company, or invest in large-scale projects, Oman provides unmatched opportunities.

Before you begin, ensure you have a valid Oman business or visit visa. Apply through Oman E Visa Online for fast, reliable, and secure processing.