Ministry adds new e-services to “Invest Easy“ portal | Times of Oman

Ministry adds new e-services to “Invest Easy“ portal | Times of Oman

Muscat: A number of improvements and new e-services have been added to the "Invest Easy" portal, according to the Ministry of Commerce, Industry and Investment Promotion (MoCIIP). The new services aim to facilitate the process of amending trade names by the investor himself without a visit to the premises of MoCIIP, and any suspension on the commercial registry could be lifted in order to amend the concerned trade name. The first article of the Ministerial Decision No (37/2021) stipulates the cancellation of the Clause No. (8) of Article (10) in the regulation for organizing the registration of trade names "if it carries a meaning synonymous with the business name of the establishment or combines or singles out the name of the registered establishment." The third article of the decision stipulates that the decision shall be enforced from the day following the date of its publication in the Official Gazette. Commenting on these improvements, Mubarak bin Mohammad Al-Dohani, Director General of Commerce and Head of the Digital Transformation Team at MoCIIP, said that the ministry continues to facilitate the process of starting new businesses by reducing procedures in all transactions and cutting down the time to complete investor transactions to commence