05 July 2022
Companies investing in Oman could choose to invest in at least one free zone within Oman, which include Salalah Free Zone, Sohar Free Zone as well as Al Mazunah Free-Zone. Apart from the free zone there are two additional economic zones within the country, such as Duqm Special Economic Zone and Knowledge Oasis Muscat. Companies operating in these zones can enjoy a variety of benefits that include 100 foreign ownership at a %, less Omanization requirements as well as tax-free holidays. Free zones also do not restrict the repatriation of capital.