Oman

Ease of Doing Business in

Oman

This page shows summary Doing Business 2012 data for Oman. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category High income
Population 2,905,114
GNI Per Capita (US$) 18,657.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
49 53 down 4
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 68 76 up 8
Dealing with Construction Permits 64 69 up 5
Getting Electricity 61 61 No change
Registering Property 21 21 No change
Getting Credit 98 130 up 32
Protecting Investors 97 93 up -4
Paying Taxes 9 9 No change
Trading Across Borders 47 43 up -4
Enforcing Contracts 107 105 up -2
Resolving Insolvency 76 77 up 1

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 68 DB 2011 Rank 76 Change in Rank up8
Indicator Oman Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
5 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
8 20 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
3.1 35.0 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
271.7 86.7 14.1
No. Procedure Time to Complete Associated Costs
1 Deposit the legally required initial capital in a bank 1 day no charge
2 Registration with the Commercial Registry at the Ministry of Commerce and Industry (MOCI) 3 days OMR 40 for business registration (for a duration of 5 years) + OMR 128 for Chamber of Commerce + OMR 12.5 for registration with Muscat Municipality
3 Notification of the Tax Department of the Finance Ministry 1 day no charge
4 Register employees for social insurance 1 day no charge
* 5 Make a company seal 2 days (simultaneous with previous procedure) OMR 50
* Takes place simultaneously with another procedure.

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