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Top 10 reasons to invest in Oman

Strategic Location

At the centre of the east-west nexus joining markets in Europe, Asia and North America in addition to close proximity to Africa.

Political and Economic Stability

Monarchy led by his Majesty Sultan Qaboos who commands popular support. Sound economic management – strict control over public debt, inflation and rate of exchange

Diversification

Government focus on diversification, industrialisation and privatisation to reduce reliance on hydrocarbon revenues.

Transparent Legal System

Investor-friendly legislative environment.

Trade Agreements

Signatory to WTo, GCC common market, GafTa, fTas with USa, Singapore, Iceland, Norway, Switzerland and lichtenstein.

Foreign Ownership

100% foreign ownership in free zones and 70% in most sectors.

Taxation

0% personal income tax rate, low income tax rates for companies and double taxation relief treaties available with many countries.

Capital and Profit Repatriation

No restriction on capital or profit repatriation, currency exchanges or dividend transfers.

Custom Exemptions

Exemptions on import of plant, machinery and raw materials for 5 years from commencement of production.

Infrastructure

Modern infrastructure with newly established roads, airports, seaports and communications.