Strategic Location

The Sultanate of Oman is characterized by its strategic location linking the East and the West. Its geographical location overlooks the world’s most important commercially active shipping routes. Thus, Oman enjoys easy access and connectivity with the Arab Gulf countries, Africa and the Indian subcontinent.

Taxes

Oman is a tax-exempt region, as the companies have to pay only 15% tax at the incorporation stage. No personal income tax or any individual tax is imposed. In addition, the movement of goods across the GCC countries is duty-free.

Infrastructure

Oman focuses on implementation of economic diversity plans, industrialization and privatization to reduce reliance on oil returns. Oman has an advanced telecommunications infrastructure that supports interconnected international and local networks. The government is investing in the country's infrastructure, including the manufacturing sector, ports, special economic zones, free zones, airports, education and health systems, public utilities, communications and tourism.

Capital and Profit Movement

Oman enjoys an investor-friendly legislative environment, as there are no restrictions on the flow of capital and the transfer of profits. It is permitted to return all profits and capital to companies that are incorporated in the special economic zones and free zones.

Foreign Ownership

100% foreign ownership is permitted in Oman as per the new Foreign Direct Investment Law.

Oman also facilitates the procedures for registering technology investment companies and speeds up the start of their operational business in electronic manufacturing, data centres, cloud services, testing and IR4 technology development, information, communications, cybersecurity, space exploration, multimedia and content creation.

You can read more about investment incentives on the following links:

https://soharportandfreezone.om/ar/soharfreezone/we-offer/incentives-freezone

https://investoman.om/about-oman