Welcome to Bondoni Frontline, where we are highlighting more of government regulation changes and optimistic news about Oman’s economic initiatives for FDI and Bondoni’s new clients in 2025!
At Bondoni, we make a constant effort to communicate regular updates from the ministries and the government to ensure our clients and partners remain compliant with evolving regulations via timely emails and newsletter. Please ensure you read these important updates carefully to stay informed.
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What’s New Oman!
LATEST GOVERNMENT CHANGES & TRENDS IN OMAN – MUST READ!!
Mandatory Company Registration on Tawteen.om for all companies in Oman
The Ministry of Labour has announced that all companies must register on the national Tawteen platform at the earliest. Tawteen is a government-led initiative supporting Omanisation and will now be essential for all labour clearances and employee visa applications.
Companies are required to nominate an employee (with email and mobile number) to complete the registration.
To know more, click here.
IBAN Mandatory for All Domestic Transactions in Oman – Effective July 1, 2025
Effective July 1, 2025, the use of the International Bank Account Number (IBAN) will be mandatory for all domestic corporate and personal financial transactions in Oman.
- All outgoing and incoming domestic bank transfers must include a valid IBAN.
- Payments without an IBAN will not be processed by banks after the effective date.
- Businesses must update payment processes and master data to include IBANs for all accounts.
To know more, click here.
Mandatory Omanisation directive for foreign companies
There is a new update update regarding mandatory Omanisation directive developed between the Ministry of Commerce Industry and Investment Promotion (MOCIIP) and Ministry of Labour (MOL). The directive is now enforcing all foreign companies operating in Oman to hire Omani Citizens, whether newly established or existing businesses. Companies are already receiving messages from the ministries so these changes require timely action to avoid penalties and suspension of business activities. To know the details, click here. https://bondoni-me.com/2025/06/25/important-and-urgent-foreign-firms-omanisation-policy-update/
Companies to lose government contracts if failed to meet Omanisation targets
The General Secretariat of the tender board (GSTB) has issued a circular, instructing all ministries and government entities to completely refrain from contracting private sector companies that do not comply government- approved Omanisation rates. Bidding companies participating in the tenders should meet the Omanisation requirements and the foreign companies not registered in Oman participating in these tenders will be monitored for Omanisation compliance.
Oman Targets 775,000 bpd Oil Output in June 2025
Oman plans to increase its oil production to 775,000 barrels per day (bpd) in June 2025, up from the current level of 768,000 bpd. This adjustment aligns with the country’s commitments under the OPEC+ agreement. The production boost reflects Oman’s strategy to optimize its oil sector amidst global market dynamics.
Oman Emerges as Strategic Gateway to US Amid New Tariffs
Oman’s 2009 Free Trade Agreement with the US has gained renewed significance following the US’s introduction of reciprocal tariffs on imported goods. Omani exports, including minerals and fertilizers, continue to enjoy duty-free or reduced tariffs, offering a competitive edge over countries like Saudi Arabia and the UAE, which now face combined tariffs up to 35%. This favorable trade position enhances Oman’s appeal as a manufacturing and export hub for businesses targeting the US market.
Bondoni News
Why outsourcing corporate PRO services in Oman is ideal for foreign-owned companies?
Navigating government regulations, visa processing, and compliance requirements can be complex—especially for foreign-owned companies in Oman. Outsourcing Corporate PRO services ensures efficiency, compliance, and cost savings while letting you focus on growth. Discover why outsourcing is the smarter choice in our latest blog. Click below to read the blog.
Why foreign-owned companies choose Oman as their gateway to GCC markets?
Foreign-owned companies often choose Oman as their entry point into the GCC markets, which include Saudi Arabia, Kuwait, the United Arab Emirates (UAE), Qatar, Bahrain, and Oman itself.
There are several reasons why international companies consider Oman a strategic location for their future expansion in the GCC. Click below to know why Oman is the ideal starting point for growth in the GCC markets.
Setting up a company in Oman: Your guide to mastering Omanisation
Setting up a company in Oman requires in-depth understanding of the country’s regulations to ensure legal adherence, avoid penalties, and streamline business activities. The Omanisation policy in Oman should be your starting point when familiarising yourself with the local hiring requirements and legal framework.
New Legal Services Manager Onboard
We’re excited to welcome our newly appointed Legal Services Manager, Rounaq Al Rahbi to Bondoni this month.
New Key Account Manager Onboard
We’re excited to welcome our newly appointed Key Account Manager, Mubarak Al Mahruqi to Bondoni this month.
Trusted clients and partners rating us highly on our feedback surveys
Our clients and partners value our expertise, rating us highly in feedback surveys. Thank you for your trust! Here’s what they say:
“Grateful for the support, advice & friendly treatment.”
“Wonderful working with Bondoni—knowledgeable & amazing team!”
“Best business partner for government-related needs. Thank you, Sir Charles, Mr. Salim & team!”
Bondoni’s Business Support and Corporate PRO Services
There is a clear trend that new and established companies are benefitting from outsourcing the back office and corporate PRO services. It saves them significant management time, allows them to focus on growing the business, cost savings and most importantly a broad range of services such as government representation, bank opening, tax & VAT registration, visa management, customs clearance, omanisation strategy & HR support, legal services, and annual company document renewals. Click here to know more.
Bondoni’s New Clients
Arva Greentech
Greentech provides procedures and technologies for the rapid and eco-friendly degradation of hydrocarbons in contaminated soils, track beds, and other substrates or surfaces. Arva is a Swiss-based company. Arva offers the patented 𝐀𝐫𝐯𝐨𝐱 𝐬𝐮𝐩𝐞𝐫𝐨𝐱𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐩𝐫𝐨𝐜𝐞𝐬𝐬, which degrades hydrocarbons quickly, efficiently, and eco-friendly. This includes compounds found worldwide in railroads, contaminated soils, and mineral wastes. The eco-friendly reagents used result in environmentally neutral end products.
Arup
Arup guides, plans and designs the future of the built environment. They are a global consultancy with advisory and technical expertise across more than 150 disciplines. Arup specialises in Structural engineering, Carbon mgmt, Building design, Sustainability consulting, Infrastructure, Civil engineering, Management consulting, Project management, Planning, ITC, Transaction advice, Acoustics, Technical services, Lighting, MEP, Facades, BIM, Fire, Energy, Transport, water, Digital, engineering, Bridges, Aviation, and advisory services
Al Shirawi
Headquartered in Dubai, UAE, Al Shirawi has operations in more than 35 companies and has offices across the GCC including Oman, Qatar and Kuwait. With close to 8500 staff and multi-million-dollar investments in technology processes and people, the group has grown into a multi-faceted organisation with exemplified professionalism in terms of efficiency and business values. Al Shirawi has transformed into a conglomerate with strong presence in trading, industrial, distribution, contracting and service industries.
Hapag-Lloyd
With a fleet of 308 modern container ships and a total transport capacity of 2.4 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies. In the Liner Shipping segment, the Company has around 14,000 employees and around 400 offices in about 140 countries. A total of 135 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. In the Terminal & Infrastructure segment, Hapag-Lloyd has equity stakes in 21 terminals in Europe, Latin America, the United States, India and North Africa.
Al Bakrawe Holding
Al Bakrawe Group is one of the leading Fresh Produce supply chains in the United Arab Emirates, GCC and Middle east. Established in 1996 with full dedication, great talented team work and strong vision for success. Through a network of companies, Al Bakrawe Group is an active fresh produce player in the market from import to export, distribution, with a great experience in handling and transporting perishables; fresh fruits and vegetables from all over the globe with promise to deliver the top quality.
Three Eight Six
ThreeEightSix’s Business Model is to develop, acquire, finance, construct and manage high quality power assets across the MENAT region and other key jurisdictions. Primarily focused on solar PV and aimed towards the Commercial & Industrial Sector (on-shore and off-shore; And small to medium sized utility scale projects.
Al Raeed Hydrogen
Fortescue is the technology, energy and metals group accelerating the commercial decarbonisation of industry, rapidly, profitably and globally. As a major supplier of iron ore to the Chinese steel industry, they are now shipping at an annual rate of over 190 million tonnes, with more than two billion tonnes of iron ore shipped since 2008. Al Raeed Hydrogen is the subsidiary company of Fortescue operating in Oman.
Bondoni’s New Regional Partner
Invest Oman
We are proud to announce that Bondoni and Invest Oman (https://investoman.om/) have signed a non-exclusive Cooperation Partnership MOU.
Invest Oman is the government’s arm for large scale investment opportunities across the main diversified sectors in Oman. Invest Oman will refer international clients to Bondoni who are service providers or trading companies that do not require expert advice on major investments.