Oman- Ministry working on streamlining commercial registration procedures

10/4/2015 2:48:52 PM

(MENAFN- Muscat Daily)Muscat-

The electronic transformation team at the Ministry of Commerce and Industry (MoCI) is working on changing certain procedures including for the registration of companies and data updation.

In addition it is seeking to enable investors to update data directly through the 'Invest Easy' portal without visiting the ministry's offices.
In the same context the MoCI announced that the commercial register name booking service will be cancelled from this month as soon as the new procedures are applied. The commercial register name will also be chosen as part of the company's registration procedure in order to provide a flexible business environment.

This comes as part of the sultanate's policy of developing a diversified and attractive investment atmosphere as well as transforming paper transactions into fast easy and transparent e-services.

The MoCI through the 'Invest Easy' portal seeks to provide citizens businessmen investors and future businesses with high quality services to achieve their official transactions with the government.

The e-transformation team is working on creating many changes to the procedures of updating the commercial register data once the new services become available through the 'Invest Easy' portal. As part of these changes investors will be able to update company data through "Invest Easy" portal investeasy.gov.om and do away with different application forms in favour of a single standard form that suits all usages.

The 'Invest Easy' project will also work on improving the availability of data by providing a comprehensive and integrated file for the company through traditional channels and the Internet for all the stakeholders.

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