An NRI in Oman can invest in an Indian company or LLP on a repatriation basis, treated as foreign investment with pricing and reporting rules, or on a non-repatriation basis, treated like domestic investment. We review the business, negotiate rights that protect you while in Oman and make sure FEMA filings are completed so your money can come back.
- Document route
- Omani notary public (Ministry of Justice and Legal Affairs), then apostille from the Omani Ministry of Foreign Affairs
- Time difference
- IST is 1h30 ahead of Oman time all year (no daylight saving)
- Law
- FEMA 1999 and NDI Rules 2019
- Routes
- Repatriable (Schedule 1) or non-repatriable (Schedule 4)
Legal Advisory for NRI Investors from Oman: how it works
We begin by understanding the business and your plans. Due diligence covers the company's MCA filings, capital history, charges, litigation, GST and tax compliance, and ownership of key assets. Where you invest through an Omani company rather than personally, the investment becomes foreign direct investment by that company, which changes the documents and reporting; we explain the trade-offs before you decide.
Your rights go into the shareholders agreement and articles: monthly or quarterly accounts, consent over new shares and large borrowings, a board or observer seat with video meetings, pre-emption and exit rights, and arbitration seated in India with online hearings. Repatriable funds come from Oman by bank or from your NRE account, and the company reports the allotment on Form FC-GPR within 30 days. After the investment, we can review annual accounts and board proposals for you each year, so that a plan to issue new shares or take on large loans does not catch you by surprise while you are in Oman. If you later return to India, we also plan how your holding is re-designated.
What clients in Oman should know
- Investing through an Omani company may suit a trading group, but beneficial ownership rules and the India-Oman treaty should be considered.
- Agricultural, plantation and real estate trading businesses are closed to NRI investment under both routes.
- Dividends from Indian companies are taxed in India.
Step by step from Oman
Video consultation
A call at a time that suits Oman, after we have read your documents.
Documents signed in Oman
Omani notary public (Ministry of Justice and Legal Affairs), then apostille from the Omani Ministry of Foreign Affairs
Work in India
Our team files, appears and follows up in India, and shares scans of everything filed.
Result and handover
Certified copies and originals are couriered to you in Oman where needed.
The full guide
This page covers what changes when you are in Oman. For the law, the documents and the step-by-step procedure, read our main page on Legal Advisory for NRI Investors, or see all services for clients in Oman and the Doing Business in India practice area.
Questions from clients in Oman
Should I invest personally or through my Muscat company?
It depends on control, tax and reporting. We advise after understanding your structure.
Can I be a director while living in Oman?
Yes. A director identification number and digital signature let you serve and join meetings by video.
Can I invest from my NRO account?
Only on a non-repatriation basis.