The initiative helps simplify registering and managing companies in Oman. It also makes interactions with government entities faster and more transparent. Starting a business now can take only minutes, instead of a whole week. The number of needed processes has been reduced threefold, from 18 to 6. This enables to register a substantially larger amount of companies in a fraction of the time previously necessary.
Many business activities can already be started without the need to apply for a license. Currently there are more than 400 business activities that do not need to be licensed (License-Free Business Activities). That number is growing and the licensing process itself is also being eventually transformed into an online service.
Comparison of the annual rate of (Starting Business) applications between before and after Invest Easy Initiative (April 2015)