How Foreign Founders Can Build a 100%-Owned Company in Oman Without Local Intermediaries

Why are so many foreign founders in Oman now choosing to start a business without a local partner? Many entrepreneurs dream of building something of their own, but they hesitate because of concerns around complex laws, unclear ownership rights, or local sponsorship requirements. These concerns often delay bold ideas from taking off.

Oman’s investment framework has been modernised to simplify the process for foreign investors.

Today, 100% ownership in Oman is possible in most industries. This means a foreigner can own and run their business without local intermediaries. The opportunity is significant, especially for SMEs, corporate investors, and those looking to set up financial advisory companies.

At Jitendra Consulting Group, we understand these challenges. We guide foreign founders in Oman to build legally compliant, profitable, and sustainable businesses without unnecessary intermediaries.

Can Foreign Founders Own 100% of a Company in Oman?

Oman’s economy has become more open to global investors than ever before. Under the Foreign Capital Investment Law (Royal Decree No. 50/2019), foreign entrepreneurs may own their businesses completely, with no Omani shareholder required for most activities. This has strengthened investor confidence and encouraged professionals to start businesses in Oman.

The government introduced reforms to attract international investors, allowing 100% foreign ownership in most business activities except for a limited number of restricted sectors such as defence and certain specialised service industries.

According to the Oman Investment Guide 2025 (OIA):
“100% foreign ownership allowed in most industries, with no restrictions on capital, profit repatriation or dividend transfers.”

This reinforces Oman’s commitment to becoming a global hub for foreign founders.

Legal Essentials to Start a Business in Oman Without a Local Partner

When it comes to company formation without intermediaries, the process is more streamlined today, but it still requires careful attention to regulatory and compliance steps.

Businesses must register with the Ministry of Commerce, Industry & Investment Promotion (MoCIIP). Your chosen legal structure determines liability, taxation, and operational frameworks.

• Limited Liability Companies (LLCs) remain the most common structure for foreign-owned businesses.
• Free Zone entities offer tax benefits, flexible ownership rules, and simplified incorporation procedures.

Foreign-owned businesses are subject to Omanisation requirements, which vary by sector and company size. Complying with these rules strengthens your business reputation and demonstrates commitment to local employment policies.

For specialised activities such as financial advisory services, additional regulatory approvals may be required. This is where professional guidance becomes invaluable. At Jitendra Consulting Group, we help foreign founders navigate licensing, documentation, and compliance.

Key Points to Remember for Foreign Entrepreneurs

• Verify whether your business activity is permitted for 100% ownership.
• Choose between mainland and free zone depending on long-term business goals.
• Understand and meet Omanisation requirements applicable to your sector.
• Maintain updated business documentation (trade licence, MoA, CR, etc.).
• Seek expert assistance for regulated sectors such as finance, consultancy, and advisory services.

Setting Up a 100%-Owned Company in Oman

Building a business in Oman is now more accessible for foreign investors, but each step in the registration process matters. It typically involves:

1. Trade name reservation
2. Submission of incorporation documents
3. Issuance of the Commercial Registration (CR)
4. Obtaining the relevant business licences

Oman has introduced clear and digitalised systems; many applications can be completed through the MoCIIP’s Invest Easy portal, reducing physical paperwork and processing time.

Our team supports every stage, from selecting the right structure to securing approvals. For financial advisory setups, we help align regulatory compliance, capital requirements, and documentation to meet MoCIIP and sector-specific requirements.

Why This Is the Right Time to Start Your Business in Oman

Oman is opening its doors wider for international investors. The country’s long-term development agenda, Vision 2040, focuses on diversifying the economy and strengthening private-sector participation.

The 100% foreign ownership policy, along with tax advantages, positions Oman as an attractive destination for entrepreneurs aiming for regional expansion. Demand is rising for services in financial advisory, fintech, logistics, education, consultancy, and more.

Jitendra Consulting Group helps investors convert these opportunities into successful business ventures, ensuring smooth and lawful company setup processes.

How We Help Entrepreneurs Build Their Business in Oman

Oman is ready for forward-thinking entrepreneurs. With its transparent laws and pro-investment environment, foreign founders can confidently build companies that are fully owned and globally competitive.

At Jitendra Consulting Group, we act as your trusted partner. We support you in establishing your business with complete ownership, robust compliance, and comprehensive financial advisory services. With our expertise, your Oman business setup journey becomes structured, compliant, and aligned with your long-term goals.

Disclaimer

The information in this article is for general guidance only and is subject to change. Investors should verify current requirements with the Ministry of Commerce, Industry & Investment Promotion (MoCIIP) or seek professional advice.