A solidarity-based company is a type of commercial company that consists of two or more natural persons who are jointly and severally liable for the company's obligations with all their assets. The liability is transferred to the deceased person's estate for any remaining obligations. The owner applies for a commercial registration (single-person company) through the self-service portal 'Invest Easy' or at the service submission offices.
Conditions and regulations:
It is not permissible for one of the partners a minor or a recommended
Sectors
Business & Finance
Fees
40 OMR note (20% is not less than 500 baisis and no more than 20 riyals)