Setting up a business Oman can be a lengthy and arduous task. Firstly you need to find a suitable Omani sponsor, which is easier said than done. Obtain professional legal advice throughout and ensure all agreements are written down not just verbal. It may be easier to up in Knowledge Oasis Muscat or in Salalah Free Zone.
While Muscat is still a relatively small city, networking is critical, even across industries. Everyone seems to everyone and getting in with corporate ‘in-crowd’ certainly has its benefits. Business acumen can, at times, be more important than specific industry knowledge and therefore it pays to attend business events and meetings. Make friends in government departments and this often land you in the front line for opportunities. And the bad news is rarely made public in the newspaper here, staying tuned to the business grapevine helps prevent wrong decisions.
Business Culture & etiquettes
For doing business in Oman you should have loads of patience; make a concerted effort to understand the culture. Don’t underestimate your business contacts and should respect the custom. Even if your counterpart is an expat the head decision makers are often Omani’s .They could possibly approach the business with different attitude . Remember, an arrogant expat can be smelled by Omanis even a mile away.