Digital Skills
Explore Opportunities in Oman’s Growing Tech and Innovation Ecosystem
Investment incentives
what are the Investment incentives will Oman government provide to my business
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.
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.
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.
Oman also facilitates the procedures for registering technology investment companies and speeds up the start of their operational business in electronic manufacturing, data centers, cloud services, testing and IR4 technology development, information, communications, cybersecurity, space exploration, multimedia and content creation.
