INCENTIVES

• Income tax exemption on profits for 30 years without ​the need for income declaration
• No restrictions on remittances and foreign exchange
• Exemption from commercial agency law
• Exemption from customs duties
• oPermission to import all eligible goods into Oman
• Exemption from minim​​um investment requirements
• Freedom to use foreign currencies
• 100% ownership of capital invested in project
• Yemeni workforce allowed to work in the free zone without entry visa or permanent Omani residence permit
• 20% Omanisation for operating companies
• Issue of certificates of origin - free zone products or foreign origin
• Factories in the free zone granted national certificate of origin
• Residence visas for non-Omani investors
• Affordable Omani and Yemeni products available through a single common market
• Adoption of Yemeni customs data for goods received from Yemen
• Establish representative office within the customs territory of Oman