Muscat, Oman – Mazooniya process has been updated, in a move designed to create a more investor-friendly and transparent business environment, Oman has recently updated its company registration and residency procedures. The new regulations, which require in-person meetings with the Ministry of Labour, aim to ensure that foreign businesses align with local laws and contribute meaningfully to the Omani economy, this will enable the investor to get work permit provisional approval also called in local language as Mazooniya.
Benefits for Investors:
- Clarity and Confidence: The increased oversight provides a clearer understanding of business expectations, fostering greater confidence among investors.
- Efficiency: The streamlined process for obtaining residency alongside company registration reduces administrative burdens and accelerates time-to-market.
- Alignment with Local Goals: The new regulations ensure that foreign businesses contribute to Oman’s economic development in a manner that aligns with the country’s priorities.
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