What are the benefits of registering a representative office in Oman?
The most important benefit of registering a company branch in Oman is marketing in new markets and introducing the company’s products and services to foreign customers. Because an international office is necessary to be present in foreign markets. Especially, Iranian nationals in Oman can use facilities such as financial exchanges with foreign banks. In addition, the existence of an agency in Oman, except for the sales department in the field of production and supply of raw materials, can also be useful for the company. Helping the research and development department is another advantage of the representative office in Oman. The representative of the company in international markets can provide useful information about the conditions of foreign markets and similar products available in foreign markets to the research and development department of the company. In addition, this opportunity comes with facilities such as cheap labor in Oman, financial facilities of the Omani government for foreign investors and privileges such as a one-year stay.
Oman is included.
What are the limitations of registering a representative office in Oman?
A representative office can only operate in the field of import and export of the products of its respective company.
Even the promotion of products other than the products of the main company is prohibited in the representative office.
The representative office cannot communicate with the final consumer.
Documents required to register a representative office in Oman
The image of the main company’s registration license and all documents related to the establishment and activity of the company (company name, address and communication methods)
Image
Image of the company’s approval to open a representative office in Oman
The image of the identification documents of the authorized representative of the company
The image of the authorization document to the representative of the company to run the representative office
All the above documents must be translated into Arabic and verified by the competent authorities of Oman.
Required identification documents for the company representative
Photo ID and passport with at least one year validity
Bank account printout for the last 6 months
Image of certificate of no bad criminal record
A piece of full color photo
Power of attorney
Find a reliable Omani partner
Presenting the company’s business plan to the Ministry of Trade and Industry and the Chamber of Commerce and Industry
Deposit the company’s capital in the bank
Preparing a place to set up a representative office
Obtaining permits related to the field of work, including permits
Industrial, environmental, export and import and…
Obtaining a municipal license
Registration at the tax office
Registration at the Royal Oman Police Department
Register an application in the Ministry of Manpower for
Employment and employee insurance
Company trademark registration
What is the difference between a branch and a representative office?
Before explaining the issue of the representative office in Oman, it is necessary to give a brief explanation about the difference between the representative office and the company branch. Legally, the representative office is an independent unit from the main office of the company. In fact, the difference between these two titles is in their powers and responsibilities. Setting up a representative office is done by signing a representative contract and accepting part of the duties of the main company. Finally, the legal consequences of the operation of the representative office are the responsibility of the company representative. But the company’s branch is not considered an independent unit and the main company is responsible for its performance.
Tips for registering a representative office in Oman
Sending documents for the registration of the representative office in Oman can be done online.
The terms of company registration in Oman can be done in two real and legal ways.
There are different conditions for registering different types of companies in Oman, including the number of partners and the amount of company capital.
The conditions of company registration are different in different regions of Oman, especially the free regions of this country.
Due to the sensitivity of the issue, it is better to check the foreign company registration law in Oman before taking any action. It is recommended to use the services of law firms active in the field of work in Oman.