What are the steps for getting a trade license in Oman?

To get an Oman trade license, you must choose a business activity, reserve a trade name, select a legal structure, and apply through the Ministry of Commerce, Industry, and Investment Promotion (MOCIIP). You’ll also need to secure approvals and pay the required fees. Read this blog to explore the detailed steps for getting a trade license in Oman.

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What are the tax differences between an LLC and a Sole Proprietorship?

An LLC in the UAE is taxed separately from its owners and may enjoy corporate tax benefits, while a sole proprietorship’s income is taxed as personal income of the owner. The tax obligations, liabilities, and deductions differ between the two. Read this blog to understand the tax difference between LLCs and sole proprietorships in the UAE.

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