Entering a new market: Oman
As the world continues to find itself in the processes of globalization and active development of international trade, finding new markets is becoming a strategically important step for any business growth. One of the most promising such areas is the country of Oman.
Entering a new market: Oman
Why do we recommend launching a business in Oman?
Oman doesn’t only have picturesque landscapes and rich cultural heritage, but also a market with huge business potential. Unlike the United Arab Emirates (UAE), Oman offers more loyal conditions for banking services which makes this country appealing for those who already have a business in the UAE and want to expand their horizons.
23.01.2025
Key advantages of opening a company in Oman
Successful cases
- Loyal banking system. Oman has more flexible and accessible conditions for opening corporate accounts, which is a big plus for foreign investors.
- Strategic location. Oman is located at the crossroads of trade routes between Asia, Europe and Africa, providing convenient access to new markets.
- Tax incentives. Tax conditions in Oman are more favorable compared to other countries in the region, which allows you to keep a significant cut of the profit.
- Government support. Oman is actively developing a business ecosystem and provides support to foreign investors, which includes simplified company registration procedures.
StableGrowz understands that entering a new market successfully requires careful preparation and analysis. Therefore, we started with in-depth research, which included:
- Research of all free zones. We analyzed various free economic zones to identify the best conditions for various types of business.
- Discussions of conditions with banks and government agencies. We established contact with key players in the market, which allowed us to obtain up-to-date information on the necessary permits and documents to open an account in Oman.
- Organization of processes. Establishing the processes for opening companies and bank accounts in Oman has become our priority.
How did we enter the Omani market?
Currently, we have several successful cases of launching businesses in Oman. We approached each client individually, which allowed us to take all the features and goals of their business into account. We provided a full range of services: from legal support and assistance in registering a company to selecting auditors for bookkeeping and registration with the tax authorities.
We can also offer:
Contact our team today, and we will be happy to help you open a business and a bank account in Oman!
We can also offer:
- Consulting on various legal aspects. We will help you understand local legislation and nuances of tax regulations.
- Accounting services. We select experienced auditors and accountants for financial reporting.
- Tax support. We will ensure registration and submission of reports to tax authorities.
- Assistance in business operations. We provide consultations and assistance in resolving current issues related to doing business in Oman.
Contact our team today, and we will be happy to help you open a business and a bank account in Oman!
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United Arab Emirates, Dubai, Barsha Heights, I-Rise Tower, 29th Floor, Office 5
