An overview of Company Registration in Oman

Oman, the third-largest nation on the Arabian Peninsula, has a rich history of foreign trade and enterprise dating back many centuries. Its marine trade formerly reached the borders of China, Europe, and Africa. Prior to the discovery of oil and gas, the economy of Oman was mostly centered on agriculture and fishing in rural and agrarian areas. Oman gradually transitioned from an agrarian to an oil-based economy and production when oil was discovered in commercial quantities in 1964, and oil exports began to dominate the country’s government coffers.