Doing business in Oman 2011. PKF

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Registration Requirements All establishments and entities which want to carry on business activities in Oman must be registered with the Ministry of Commerce and Industry and the Chamber of Commerce and the Municipality in which activities of the business are conducted. In addition, amongst others, the following businesses require approval from the specified ministries and agencies: •

Banks, financial institutions, financial leasing companies and exchange companies must obtain approval from the Central Bank of Oman

Insurance Companies and related agencies must obtain approval from the Insurance department at the Ministry of Commerce and Industry / Capital Market Authority.

Manufacturing businesses must be approved by the Industries department at Ministry of Commerce and Industry.

• •

Medical products must be approved by the Ministry of Health. Printing, Publishing and Broadcasting activities must be approved by the Ministry of Information and Culture.

Educational activities are governed by the Ministry of Education.

• •

Tourism projects and hotels are approved by Ministry of Tourism. Mining Projects require approval by department of Mines and Quarries of the Ministry of Commerce & Industry.

Doing Business in the Sultanate of Oman – Registration Requirements

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