Oman

Ease of Doing Business in

Oman

This page summarizes Doing Business 2013 data for Oman. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. 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 2,846,145
GNI Per Capita (US$) 23,315
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
47 47 0

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
67.4 66.3 down 1.1
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 73 67 up -6
Dealing with Construction Permits 59 58 up -1
Getting Electricity 54 58 up 4
Registering Property 18 20 up 2
Getting Credit 83 97 up 14
Protecting Investors 100 98 up -2
Paying Taxes 10 8 up -2
Trading Across Borders 49 48 up -1
Enforcing Contracts 107 107 No change
Resolving Insolvency 77 79 up 2

Economy Profile

1639.6 KB pdf file

Download Now

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 2013 Rank 73 DB 2012 Rank 67 Change in Rank down-6
DB 2013 DTF** (% points) 80.5 DB 2012 DTF** (% points) 78.1 Improvement in DTF** (% points) up2.4
YearNew business densityNumber of new limited liability companies
2011 0.635,314
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).

View methodology
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.

View methodology
Time (days)
8 23 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.

View methodology
Cost (% of income per capita)
2.6 29.8 4.5

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.

View methodology
Paid-in Min. Capital (% of income per capita)
223.1 72.3 13.3
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 15 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.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

Explore Economy Data


- OR -

Close