The cost of setting up a company in Oman depends on one main factor: whether you need office space. All four packages include the same government registrations and licenses. The only difference is the office arrangement.

Here is what every package covers as standard: commercial registration with MoCIIP (valid 3 years), investment license (1 year), feasibility report from an approved auditor, permit license (1 year), chamber of commerce membership with OCCI (1 year), tax certificate (1 year), and a corporate bank account in OMR currency.

Basic Formation — OMR 500

The most affordable way to register a company in Oman. This package does not include an office address. It is ideal for startups, remote businesses, freelancers, and companies that plan to operate from their home country while holding an Omani commercial registration.

What is included:

Commercial Registration from MoCIIP — valid for 3 years. Investment License — valid for 1 year. Feasibility Report from an approved auditor. Permit License — valid for 1 year. Chamber of Commerce Membership from OCCI — valid for 1 year. Tax Certificate — valid for 1 year. Corporate Bank Account in OMR at Sohar Bank, Dhofar Bank, or National Bank of Oman.

Who chooses this package? Iranian entrepreneurs starting online trading businesses. Indian freelancers registering consulting firms. European investors who want a holding structure in Oman without physical presence.

OMR 500 in USD: approximately $1,300.

Virtual Office — OMR 1,700

Everything in the basic package plus a professional business address for one year. Your company receives mail at this address. It appears on your commercial registration and official documents.

A virtual office gives your company credibility without the overhead of physical space. It is the most popular choice among our clients from Iran, India, and Europe who run their operations remotely.

Additional inclusion: Office Address for 1 year. All government registrations and bank account from the basic package are included.

OMR 1,700 in USD: approximately $4,400.

Work Desk — OMR 2,150

Everything in the virtual office package plus a dedicated workspace in a shared office environment. You get a personal desk, access to meeting rooms, and use of shared facilities like printing, internet, and a reception area.

This suits entrepreneurs who visit Oman occasionally and need a proper workspace. It also works for companies with one or two employees who do not need a private office yet.

Additional inclusion: Dedicated Work Desk for 1 year with meeting room access. All registrations and bank account included.

OMR 2,150 in USD: approximately $5,600.

Private Cabin — OMR 3,500

The most comprehensive package. You get a private, lockable office space in Al-Khuwair, Muscat. This includes secure storage, a dedicated phone line option, and a branded office environment.

Private cabins are chosen by established businesses that need confidentiality, client-facing meeting space, or a full-time office for their Oman team.

Additional inclusion: Private Office Space for 1 year. All registrations and bank account included.

OMR 3,500 in USD: approximately $9,100.

Side-by-Side Package Comparison

How Does Oman Compare to Other GCC Countries?

Oman offers the most affordable company formation in the Gulf. Here is how costs compare across major GCC jurisdictions:

For entrepreneurs from Iran, India, Pakistan, or Europe who want a GCC presence at the lowest cost, Oman is the clear winner.

Additional Costs to Budget For

Investor Visa (Optional)

If you want to live in Oman, you will need an investor visa. We offer two packages:

OMR 980 — company formation + 1-year investor visa.
OMR 1,250 — company formation + 2-year investor visa.

These are all-inclusive packages covering both company registration and visa processing. See investor visa cost details →

Work Visa for Employees (Optional)

Sponsoring foreign employees costs approximately OMR 200–400 per visa depending on nationality and processing requirements. See work visa costs →

Annual Renewal Costs

After the first year, you will need to renew certain licenses:

Investment License renewal, Chamber of Commerce renewal, Tax Certificate renewal, Permit License renewal. Office address renewal (if applicable). These annual costs are significantly lower than the initial formation cost.

Accounting and Audit

Companies in Oman must maintain proper accounting records. Annual audit costs depend on your company size and transaction volume. Budget OMR 300–1,000 per year for basic accounting services.

Cost FAQs

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