A clear and well-established strategy for long-term economic growth, a pro-business environment, legal transparency and reputation for stability and security make the Sultanate of Oman a strong prospect for many international investment analysts.
10 Reasons to invest in Oman
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Strategic Location
At the centre of the east-west confluence joining markets in Europe, Asia and North America in addition to close proximity to Africa.
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Political and Economic
Stability Political and economic stability has ensured policy consistency and a secure investment climate.
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Trade Agreements
Signatory to WTO, GCC common market, GAFTA, FTAs with USA, Singapore, Iceland, Norway, Switzerland and Lichtenstein.
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Capital and Profit Repatriation
No restriction on capital or profit repatriation, currency exchanges or dividend transfers.
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Custom Exemptions
Exemptions on import of plant, machinery and raw materials for five years from commencement of production.
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Diversification
Government focus on diversification, industry and privatisation to reduce reliance on hydrocarbon revenues.
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Transparent Legal System
Investor-friendly legal environment.
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Foreign Ownership
100% foreign ownership in free zones and various sectors.*
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Taxation
No personal income tax, low income tax rates for companies and double taxation relief treaties available with many countries.
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Infrastructure
Modern infrastructure with world-class roads, airports, sea ports and freezones.