Faq

FAQ

Asked Questions

  • What is VAT registration fee?

    The standard rate of VAT in Oman is 5% and consistent with the GCC Unified Agreement, and there are provisions for zero rating and exemptions in the Oman VAT Law. By global standards, 5% is one of the lowest VAT rates implemented in the world.

  • How to start a company in Oman?

    Reserving a Company Name.
    Submitting Incorporation documents.
    Registering with Oman Chamber of Commerce and Industries (OCCI)
    Designing a Company Seal.
    Obtaining approvals from Government Authorities.
    Post Registration Process

  • What do you mean by regulatory compliance?

    The observance of laws, rules, directives, and specifications pertinent to an organization's business processes is referred to as regulatory compliance. Regulatory compliance violations frequently result in legal sanctions, including federal penalties.