All about an Oman Healthcare Business

by Zaara 02, Nov 2022

oman healthcare

The Oman healthcare sector is famous for its strong fundamentals. This sector has witnessed notable growth over the past few decades.

This country is considered a healthcare hub. Therefore, the upcoming hospitals, clinics, and medical centers would play a significant role in achieving Oman’s Health Vision 2050.

While turning into an investment hub, it also attracts a higher FDI. Business magnets prefer Oman in the Middle Eastern Region.

This Gulf nation is a dynamic destination as it is beneficial both for a freelancer and a multi-millionaire. Expats prefer Oman as an investment platform as huge profits are generated.

Health Services in Oman

Oman provides a universal health care system free at the point of delivery for its residents and given at reduced costs to ex-pats. The Oman Ministry of Health is in charge of overseeing the overall service supply (MoH). 

The Central Quality Control Laboratory, which keeps an eye on the safety and caliber of medications, is also a part of the regulatory structure. Post-graduate medical education is supervised by the Oman Medical Specialty Board, established by the MoH and Sultan Qaboos University in the 1990s.

Oman Health Vision 2050

The Omani Ministry of Health's Health Vision 2050 is being used as a template for strategic health planning. Before this, the WHO organized several missions to assess important strategic studies conducted as part of the effort, including studies on health technology, nutrition, primary health care, and professional development. 

Each mission closely collaborated with the national team in assessing the strategic research and offering suggestions to develop the strategic vision for each area.

So, let’s enter the core ground and go through healthcare company formation in Oman.

Steps to Register for an Oman Health Services Company

Any individual or business wishing for a company to set up in Oman must request a license to proceed further. 

The following steps are to be followed:

1. Submit the Application, Request, and a Written Speech

  • A Mobilization Application form needs to be completed
  • To open a private health institution, a request needs to be submitted for authorization to the Director of Public Service
  • A written speech must be submitted showing the capacity of human resources and health services proposed for the hospital
  • A request is to be submitted for the final technical inspection.

2. Proceed with the Following Things

  • A copy of the Commercial Registration is to be forwarded to the Ministry of Trade and Industry
  • You need to preview the proposed site for the private health institution
  • You must reserve the name of your institution
  • The lease must be submitted to the municipality.

3. Prepare the Essential Documents

The following documents must be kept handy:

  • A copy of the passport
  • A copy of the CR (Commercial Registration)
  • Two photographs.

If applicable for a healthcare mainland company formation in Oman, the following conditions are essential:

  • Cheques will not be accepted for fees payment
  • The applicant must be of 18 years at least.

4. Pay the Fees

The fees are decided as per the given categories:

Description Fees
A private hospital RO 500
Clinic in the general Muscat governorate RO 250
Clinics in the general areas and other provinces RO 150
Specialist clinic in the Muscat governorate RO 300
Clinics in specialty areas and other provinces RO 200
A clinic that is work inherent to the medical profession in the Muscat governorate RO 200
Duty lieutenant of the medical profession in the Muscat governorate RO 200
Duty lieutenant areas of the medical profession and the other governorates RO 100

*Prices are subject to change. Kindly connect with us for confirmation.

5. Wait to Get Notified

The service is granted within three days of the demand arrival when the prescribed fees are paid. The applicant is notified directly or through regular calls or mail.

Therefore, as you intend to an Oman company registry, we can help you through our expert guidance. At Commitbiz, we comprehend your business needs and cater to them accordingly. 

However, being a foreigner handling all the legal procedures would be challenging. We would make the entire process hassle-free, and it will be accessible in your pockets quickly. 

For further discussions, connect with us and fulfill your business dreams.

FAQs

Are the healthcare services exempted from the taxable conditions?

Yes, the supplies of healthcare-related services and goods are exempted from the taxable conditions.

Which three elements comprise the Oman tax?

The three elements are:

  • Withholding tax
  • Customs duty
  • Corporate tax.

Which document needs to be forwarded to the Oman Ministry of Trade and Industry?

A copy of the CR (Commercial Registration).

What are the conditions to be eligible to obtain an Oman healthcare business license?

The essential conditions are as follows:

  • Cheques will not be accepted for fees payment
  • The applicant must be of 18 years at least.

Which documents must be kept handy?

The following documents must be kept handy:

  • A copy of the passport
  • A copy of the CR (Commercial Registration)
  • Two photographs.

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