There are many important factors that you should consider before forming a business entity in Oman. First, you will need to decide on a trade name. You must select a name that is relevant to your business and is unique. You will also need to submit a capital account to deposit your initial incorporation fee. This will provide you with a tax-deductible account for taxes. Once you have collected sufficient capital, you can move on to the next step - establishing a branch office in Oman.