Company liquidation in Oman
We will run an Omani closing on the calendar the Commercial Companies Law sets: the resolution filed in 15 days, the notice published in 7, the 180 days creditors get, the entry deleted.
Claims window
Окно для требований
180 days
180 дней
Overall ceiling
Потолок процедуры
3 years
3 года
Filing fee
Пошлина за подачу
50 OMR
50 OMR
The liquidator
Ликвидатор
a licensed auditor
лицензия аудитора
When you need company liquidation in Oman
The statute writes the calendar
Oman leaves little of the timetable to the parties. The law fixes each filing and each publication, and the resolution that opens the closing names the period too.
One hundred and eighty days
The notice to creditors must give them 180 days from publication to bring claims. That figure sets the floor under any honest answer about how fast an Omani company closes.
Three years and no longer
A voluntary closing may not exceed three years, and only the ministry can extend it. A company that drifts past the period is outside the window the law allows it.
A liquidator who holds a licence
The person running the closing must be authorised to practise accountancy and audit and approved by the ministry. Appointing a shareholder and calling it done does not work.
The tax file outlives the company
Income tax ends only when the entry in the commercial register is cancelled. Until that day the company keeps filing returns, whatever its bank balance or its payroll says.
What you get
- The dissolution resolution drafted and filed inside 15 days
- A liquidator who meets the ministry's licence requirement
- The creditors' notice published and the 180 days running
- The final report audited and put to the shareholders
- The register entry deleted and the tax file closed
What is required to liquidate an Omani company
An Omani closing is not a private arrangement with a deadline attached at the end. Almost every step in it carries a number written against it by statute: days to file, days to publish, days to answer for a year that has already gone.
How the same service works in other countries is set out under company liquidation, and the rest of what we do in the country sits on the Oman page.
What the resolution has to settle
- The decision of the shareholders or of the extraordinary general meeting, which is what dissolves the company by force of law.
- The liquidator or liquidators, each authorised to practise accountancy and audit and approved by the ministry.
- The liquidator's fees, agreed in the same document rather than negotiated afterwards.
- The period inside which the work has to be finished, which cannot run beyond three years.
- The words "under liquidation", which from that day travel with the company name on every contract, receipt and notice it issues.
What the Tax Authority wants to see
- Income tax is switched off by cancelling the commercial register entry, not by ending trade.
- A company takes a certificate that the liquidation works have started from the electronic portal first.
- The certificate that the works are finished is issued only after six months have run from that start.
- Returns keep falling due for as long as the register entry is alive.
The dates the law fixes
| Step | Deadline |
|---|---|
| Resolution filed with the Registrar | 15 days from issue |
| Resolution published | 7 days from filing |
| Notice served on creditors | 7 days from filing |
| Claims from creditors | 180 days from publication |
| Meeting for each extra year | 30 days from year end |
| Final report and audited accounts | 30 days from completion |
| Approval filed with the Registrar | 7 days from issue |
| Approval published | 2 days from filing |
Two obligations here fall on people rather than on the company. From the day of dissolution the powers of everyone who managed it end, and whoever then acts in its name answers for that act out of personal property. And money the liquidator collects has to reach the company's bank account within one day of receipt, which is the shortest deadline in the whole procedure.
Sources: the 180 days, the three-year ceiling, the filing and publication windows and the liquidator's qualification — articles 40–57 of the Commercial Companies Law, Royal Decree 18/2019; the 50 OMR and the steps — the liquidation service on Gov.om.
Stages of work
Reading what actually triggers the closing
We check which ground in the law applies: an expired term, an accomplished purpose, two years without activity, or simply the shareholders' wish. The ground decides who has to sign what.
The resolution and who runs it
The shareholders or the extraordinary general meeting adopt the resolution, name a liquidator who holds the accountancy and audit authorisation, fix the fees and set the period for the work.
Filing first, publication second
A copy of the resolution reaches the Registrar within 15 days of its issue, and the text is published within 7 days of that filing. Until it is registered it binds nobody outside the company.
The notice and the 180 days
Within 7 days of the filing the liquidator writes to every known creditor and publishes for the rest. The notice states the 180 days they have to bring their claims forward.
The inventory and the bank account
The liquidator, the auditor and the managers sign an inventory of assets and liabilities. From then on every sum collected goes into the company's account within a day of receipt.
Paying in the order the law sets
Liquidation costs and the liquidator's fees come out first, then valid claims by their rank, and whatever is left is divided among the shareholders in proportion to their holdings.
Final report, approval, deletion
Within 30 days of finishing, the liquidator puts a final report and audited accounts to the shareholders. Their approval reaches the Registrar in 7 days, and the entry is deleted that day.
Our case studies
FAQ
Discuss
the Task
Speak to our team
Speak to our team. Tell us about your task –
we’ll help you with it in any jurisdiction.