Tuesday, May 07, 2024 | Shawwal 27, 1445 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Why it is important to have an e-commerce license in Oman

Non-Omanis can engage in e-commerce according to the provisions of the Foreign Capital Investment Law
Non-Omanis can engage in e-commerce according to the provisions of the Foreign Capital Investment Law
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Muscat: For the benefit of the owners of an online store or even to have a business account on social media to sell your products or offer services such as (Instagram, Snapchat, etc,) the Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) has simplified the process of applying for a license via the Oman Business platform.


Non-Omanis can engage in e-commerce according to the provisions of the Foreign Capital Investment Law. Individuals or companies must also obtain approval from relevant authorities if the nature of the activity requires it.


The Consumer Protection Authority (CPA) has urged online customers to avoid shopping from untrusted accounts and e-commerce sites.


According to the Consumer Protection Authority (CPA), consumers should exercise caution during online shopping because transactions with fake websites and platforms could lead to financial fraud and theft of card information.


Consumers need to make sure that the merchants are licensed and provide full details of the transactions, such as the approximate delivery time, replacement and refund policies, in addition to the full receipt of the purchases and the details of the shipment.


The e-commerce market in Oman is estimated to reach $1.1 billion by 2028, growing at 13.5 percent during the forecast period according to an intelligence research agency.


Steps: How to get an e-commerce license


To obtain an e-commerce license, in the first and second steps, log in to the Oman Business Platform, select Manage Business, Go to licenses, update commercial registry data, and add the activity that you want to practice as e-commerce.


In the third step, the applicant should go to the license section, select the registry, and submit the license request.


The following steps include 'Choose Yes to license the activity as e-commerce (step 4),' Select the activity you want to license (step 5), and click on 'Choose places of activity,' for companies, choose the address type Default (step 6).


Step seven includes adding the address of the location, including the address link to the online store), submit a license application and fill out the application form, attachments, and fees to obtain the license automatically.


The conditions include that the individual applicants must have a commercial register (self-employment) or must not have another commercial register.




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