International trading companies and investors set up in Oman for three main reasons. They have either won a long-term contract, they already have clients that they want direct contact with, or it can be a strategic move for long-term investment reasons. One of the most popular and flexible business structures available is the Mainland Limited Liability Company (LLC)or a Sole Proprietary Company (SPC). Bondoni is your Oman’s trusted company formation partner to help you setup LLC Company in Oman.
An SPC is 100% owned by one shareholder and an LLC is owned by more than one shareholder which can be a combination of company and individual shareholders. Otherwise, they offer the same benefits. Making it an ideal choice for those looking to invest or trade with minimal restrictions, employ their own team, and manage a bank account in Oman.
Choosing the right business entity is crucial for the success and sustainability of your venture. Here’s why setting up a Mainland LLC or SPC is advantageous: