Oman has taken a major step forward in strengthening Oman’s business environment, making it one of the most attractive destinations for startups in the region. Entrepreneurs can now establish companies in just four to five days, compared to nearly ten days in neighboring countries. The process involves only four main procedures and requires no minimum capital. Moreover, licensing fees are capped at 3% of average income, which is significantly lower than in many other regional markets.
These reforms reflect Oman’s ongoing efforts to create a dynamic, investor-friendly atmosphere in line with Vision 2040. The country’s regulatory and digital upgrades have improved transparency, efficiency, and accessibility for both local and foreign investors. As a result, Oman’s business environment continues to gain regional attention for its simplicity and innovation.
Company registration has become easier through the Oman Business Platform, operated by the Ministry of Commerce, Industry and Investment Promotion. The platform connects over 50 digital services and 17 government entities, allowing investors to complete every step online. From reserving trade names to final registration, the process now saves both time and effort. Since its launch in 2021, the platform has issued more than 1.26 million licenses. Around 89% of activities receive automatic licensing, and 76.5% of all services are fully digital.
According to Mubarak Mohammed Al Dohani, Director General of Planning at the Ministry, these developments are part of the National Programme for the Development of the Private Sector and Foreign Trade, known as Nazdaher. The program supports Vision 2040 by simplifying procedures, improving legislation, and building a strong foundation for private investment.
Nazdaher focuses on four key goals: boosting competitiveness, expanding trade agreements, strengthening local value chains, and empowering the private sector. The program currently oversees 15 major projects in sectors such as tourism, manufacturing, mining, food security, and aviation.
Oman’s special economic and free zones are also driving growth. They now offer 100% foreign ownership, tax exemptions of up to 30 years, and reduced land rents. Investors can access integrated digital services through a single electronic window, making setup faster and easier.
Meanwhile, the Ministry of Labour is working to empower local talent. Through wage subsidies, on-the-job training, and employment programs, Oman ensures that its workforce is skilled and competitive. These efforts support sustainable growth and long-term stability across industries.
With continuous reforms, digital transformation, and skilled human capital, Oman’s business environment is quickly becoming a model for efficiency and opportunity in the Gulf region.
