mercredi 29 mai 2019

Investment in Oman

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Investing in the Sultanate of Oman is a great choice for Arab and foreign investors who wish to invest their money outside their own borders. This country has many elements of attracting investment, including political stability, social stability and economic stability. Factors of production, the availability of a large number of industrial zones equipped with the latest equipment and infrastructure, the availability of many airports and seaports so investors will not face difficulties in exporting their products to various international and Arab markets, For many years, investors have the freedom to enter and exit capital from the Sultanate. There are no restrictions on the transfer of profits. When the investors want to do so, there are no restrictions on currency exchange and exchange rates. The Sultanate follows the free economy policy and modernizes laws and regulations to support this economic trend. There are no customs restrictions or restrictions imposed when carrying out business or when transferring funds out of the country, some laws have been enacted that would serve the interests of local or foreign investors and raise the rates of profits of their own projects, allowing the recruitment of workers from different countries Pain to work without restrictions or complications, brown modern and capable infrastructure service business owners with high efficiency).


Investment Policy in Oman: 

The Foreign Investment Law issued by the Wazah Trade and Industry in the Sultanate of Oman stipulates that any non-Omani investor may invest in the Sultanate of Oman in a sector of the business sector. However, two conditions are essential:

  • The investor or foreign investors shall have an Omani partner or more with a contribution rate of not less than 51% of the capital of the project.
  • The project shall be established properly and in accordance with the provisions of the Law Establishing Commercial Companies. 


In some cases, there are exceptions regarding the contribution of Omani partners. The percentage of foreign capital in some projects may reach more than 49%. In some projects there are no Omani partners and the percentage of foreign capital reaches 100%. To special conditions and also must be obtained before the implementation of the approval of the Council of Ministers.

The most important areas of investment in Oman:

First: Industrial areas: 

There are many industrial zones in the Sultanate, all of which are located in major and vital areas of the Sultanate of Oman (Sohar, Rusail, Knowledge Oasis, Mazyouna, Tire, Buraimi, Nizwi, Raysut, Samail) Work is ongoing on the establishment of other industrial zones such as the areas of (Hebrew, Musandam). It should be noted that all these industrial zones are managed by an ad hoc body, the General Organization for Industrial Estates.

Second: Free zones: 

1 - Sohar Free Zone:
Located around the port of Sohar and features the Sohar Free Zone with the availability of many opportunities and advantages in addition to its location Aljarafi distinguished, located at the crossroads between Asia and Europe This means that investors in this problem will not face difficulties If they want to export products to Asian, European and even African markets.

2 - Salalah Free Zone: 
Salalah Free Zone is located in the city of Salalah, which is the second capital of Oman and its commercial and tourist capital. The region has many investment opportunities as well as its global strategic location, which can be accessed through European, Asian and African markets, These markets are the most developed in the world and most investors want to go to them.

3- Al-Mazyouna Free Zone: 
Located in the south-west of the Sultanate of Oman on the border with the State of Yemen, a free zone aims to contribute to increasing the competitive value of Oman regionally and internationally in attracting and developing domestic and international investments.

Third: The Economic Zones:

1. Al Dokum Economic Zone: 
It has a great strategic location and proximity to the emerging Asian markets, as well as proximity to the GCC markets and abundant natural resources in the center. It includes eight economic and service areas, Port and Dry Dock, Residential Neighborhoods Tourist Area and Resorts Business Center Logistics Services Fishing Port and Education City.
Investment opportunities in Oman: 

Investment opportunities in the Sultanate of Oman are many and varied and are found in various sectors such as logistics, food industries, metallurgy, woodworking, clothing, tourism and resorts, Maintenance of machinery and heavy and medium equipment, various service centers, packaging, transportation and distribution services, oil and gas services, shopping centers, social and recreational clubs, education and training centers ... etc). The local or foreign investor wishing to invest in the Sultanate should study all the industrial, free and economic zones previously offered well to choose from which the region is most suitable for the quality of investment, thereby guaranteeing the acquisition of additional features that will help him to achieve successes and raise profits.

Frequently asked questions about investing in Oman: 

There are many questions that foreign investors are likely to invest in the Sultanate of Oman (such as incentives provided by the state, rights of ownership, exit rights, residence system, tax rates, expansion rights, sources of financing). Etc.), these questions were raised by the General Authority for the Promotion of Investment and Development of Exports in Amman "enrichment" by placing them in a dedicated web page called "Frequently Asked Questions and Questions on Investment".

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