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Muscat: The Sultanate of Oman has achieved competitive levels in business start-ups, with recent indicators showing that the average period to establish a company has dropped to 4–5 days compared to 10 days in some countries of the region. The process now requires only four main procedures without any minimum capital requirement, and licence fees do not exceed 3% of the average individual income, compared to as much as 17% in other countries.
These reforms underline Oman’s rapid progress toward consolidating its position as an attractive investment destination, driven by broad legislative and regulatory reforms and innovative digital transformations that have enhanced the flexibility and efficiency of the business environment in line with the goals of Oman Vision 2040.
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