With a minimum capital investment of OMR 500,000; divided into the equal shares of OMR 1,000 each; this type of company can be formed (restricted not to get investments through public share subscription, mentioning SAOC at the end of the name).

The companies opting for public share subscriptions need to have a minimum capital of OMR 2,000,000 and mention SAOG at the end of the name. The shares of SAOG can be traded freely. 40% of the company’s capital can be acquired through public share subscription.

This type of company is supposed to work as per the Muscat Securities Market Law and registered under Commercial Register, with prior approval for incorporation from the Ministry of Commerce & Industry. At least 3 shareholders, Board of Directors with 3 to 12 members would be essential for the functioning of this type of company.