Fast Bank Account Opening is Guaranteed
A Company with a Corporate Bank Account in Oman
From AED 37 000 (from USD 10 000)
Account opening, obtainment of residence visa, tax-exempt free-zone companies.
Oman Company Benefits
- 100% foreign ownership
- No corporate tax for free-zone companies
- No minimum authorized capital requirements
- Remote registration within 2 weeks
- Obtainment of a residence visa within 2 days
- No medical tests required
- IFRS reporting
Bank Account in Oman
Corporate Account
From 48 hours
to open an account
- Currencies: USD, EUR, CNY, AED, OMR
- Account opening from 2 to 15 working days
- Corporate debit card
- Global payments, including Russia
- Minimum balance OMR 200 (from USD 500)
Personal Account
Within 24 hours
to open an account
- Currencies: USD, EUR, CNY, AED, OMR
- Account opening within 24 hours
- Debit card in OMR
Company and Bank Account Opening Services Include:
Company Set-Up
Office lease agreement for 1 year; license for 1 year; chamber of commerce membership for 5 years; shareholder certificate for 1 year.
Residence Visa
Residence permit in Oman and Resident ID for 2 years.
Corporate and Personal Bank Accounts Opening
Full support from collection of documents to account opening and bank details receipt.
Our experts
Company Registration Process in Oman
1. Free consulting advice
We will answer all your questions.
2. Company Registration
We will set up a company remotely.
3. Obtaining an entry permit
This procedure takes place remotely. Once the visa is obtained, it is possible to enter Oman as a resident.
4. Arrival in Oman
Obtaining a resident card (Oman ID) requires presence in Oman for 4-5 working days to open accounts without the need for further regular visits.
5. Bank accounts opening
Comprehensive assistance in personal and corporate accounts opening.
FAQs
No, you do not need to come to Oman to register a company, it can be done remotely. You will need to come after the registration process is completed to apply for a residence visa (Resident ID) and to open corporate and personal accounts.
The validity period of a residence visa is 2 years. After 2 years, you will need to revisit Oman to renew your Resident ID.
It is not necessary to reside or visit Oman during the period of validity of the visa. This does not invalidate the visa.
It takes about 15 working days to open a corporate account in Oman, which is very fast judging by today’s standards. It is important to prepare a very detailed and clear compliance file on the company and the beneficiary. In addition, it is necessary to go over all the details of future payments with the bank. Missing or insufficient data can afterwards affect the payments once the account is opened.
Yes, banks in Oman make payments to the Russian Federation. A number of local banks have correspondent accounts in Russian banks. However, it is important to discuss the details and routes of future payments with the bank in advance before opening an account.
We are ready to answer your questions
Get free consulting advice
Aleksandr Yurchenko
Natalia Shutilo
