Valsen Corporate

Oman LP

  • A limited partnership is a commercial company that requires at least 1 general partner and 1 limited partner to be registered; The general partner is liable for the partnership’s debts to the full extent of the partnership’s investment whereas the limited partner is only liable for the partnership’s debt based on their capital contribution; The general partner must be an Omani national and is obliged to register the limited partnership entity with the Oman Commercial Register.

  • Features of Oman LP

    Oman  LP

    Corporate Details

    General
    • Type of Entity

    LP
    • Registered Office in Oman

    Yes
    • Shelf company availability

    No
    • Our time to establish a new company

    6 weeks
    • Corporate Taxation

    Yes (15%)
    • Access to Double Taxation Treaties

    No

    Share capital or equivalent
    • Standard currency

    US$
    • Permitted currencies

    EUR, USD, GBP
    • Minimum paid up

    None

    No
    • No-par-value shares allowed

    No

    Directors
    • Minimum number

    Two
    • Local required

    No
    • Publicly accessible records

    Yes
    • Location of meetings

    Anywhere
    • Corporate directorship allowed

    No

    Shareholders
    • Minimum number

    Two
    • Publicly accessible records

    Yes
    • Corporate shareholders allowed

    Yes
    • Location of meetings

    Anywhere

    Company Secretary
    • Required

    No
    • Local or qualified

    No

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    No
    • Requirements to file accounts

    Yes
    • Publicly accessible accounts

    Yes

    Other
    • Requirement to file annual return

    Yes
    • Migration of domicile permitted

    Yes
    Best uses: We recommend limited partnerships for those Clients looking to establish their business in Oman to provide professional services such as accounting, auditing or fiduciary services.

    The Valsen Advantage
    1. Speedy, Efficient and consistent Services.
    2. Relentless effort to obtain bank accounts.
    3. Expert advice on structuring options.
    4. Dedicated ongoing compliance support.