Oman Representative Office
While the Omani representative office is 100% foreign-owned and controlled, it is not permitted to make direct sales within Oman. Its scope of activities is limited to i) promotion of the parent company’s business and ii) market research;
Representative offices must have i) at least one appointed individual representative ordinarily resident in Oman and ii) are also permitted to sponsor and hire local or foreign employees;
Features
|
Oman REPRESENTATIVE OFFICE |
Corporate Details |
|
General |
|
|
REPRESENTATIVE OFFICE |
|
Yes |
|
No |
|
5 weeks |
|
No |
|
No |
|
Share capital or equivalent |
|
|
US$ |
|
EUR, USD, GBP |
|
None |
|
No |
|
No |
|
Directors |
|
|
One |
|
No |
|
Yes |
|
Anywhere |
|
Yes |
|
Shareholders |
|
|
Parent Company |
|
Yes |
|
Yes |
|
Anywhere |
|
Company Secretary |
|
|
Yes |
|
Yes |
|
Accounts |
|
|
Yes |
|
No |
|
Yes |
|
Yes |
|
Other |
|
|
Yes |
|
Yes |
Best uses: Representative office are recommended for Clients that wish to promote and explore the Omani market, without carrying any commercial activity in the country.
The Valsen Advantage
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support