Corporate Banking Service
Oman is one of the most popular places for foreign investors and business enthusiasts to invest in a company. Businesses can use the Sultanate as a gateway to expand and transfer their business concepts from one GCC nation to another.
The incorporation process is only one step in the process of establishing a business in Oman. However, it goes a step further, covering things like taxation, visas, IP services, etc. Opening a corporate Oman bank account is one of the most important goals a business owner should pursue following incorporation. You will learn how to proceed with banking services in Oman from this article. Let’s move forward.
Opening a corporate bank account is not simple as it may sound. To initiate the process of opening a corporate bank account in Oman, strict rules are to be followed and do involve a good amount of paperwork.
An Overview of Banks in Oman
Oman’s banking platform has expanded to support and serve a wide range of business sectors, from established multinational corporations to tiny start-ups. Additionally, the Central Bank has launched Corporate Internet Banking (CBI), which gives the bank the chance to offer internet-based solutions for a quick and easy process from the comfort of one’s own home.