FAQ
Company Registration
What are the main types of legal entities for foreign investors in Oman?
Ans: The most common is the LLC (Limited Liability Company), which now allows 100% foreign ownership under the Foreign Capital Investment Law.
Do I need an Omani partner to start a business?
Ans: No, for most commercial activities, 100% foreign ownership is permitted without the requirement of a local partner.
What is the minimum capital requirement to register an LLC?
Ans: Currently, there is no mandatory upfront paid-up capital requirement for most LLC registrations in Oman.
Residency & Visas
How can I obtain an investor residency permit?
Ans: Investor residency can be obtained by registering a company or through the “Oman Investor Residency Program” (5 or 10-year plans) based on specific investment criteria.
Can I bring my family under my residency?
Ans: Yes, once your investor visa is processed, you can sponsor your spouse and children for family joining visas.
How long does the residency process take?
Ans: Typically, the company registration and initial visa process take between 10 to 15 working days.
Banking & Taxes
Can I open a corporate bank account as a foreigner?
Ans: Yes, we assist our clients in preparing the necessary documentation to open accounts with leading Omani banks.
What is the corporate tax rate in Oman?
Ans: The standard corporate tax rate is 15%. However, small businesses and certain sectors may qualify for lower rates or exemptions.
Why Choose NEXUS?
What services does Nexus Travel & Trade provide?
Ans: We provide end-to-end solutions including commercial registration, licensing, office space assistance, and residency processing.
Do you provide services for clients outside of Oman?
Ans: Absolutely. We can initiate most of the documentation process remotely before you arrive in Muscat.