Free- Zone Company

Setting up a business in a free zone is relatively beneficial for foreign investors.

Free zone authorities require minimum paperwork and duration etc. Here are the key steps to set up a business in a free zone.

Determine the type of legal entity
Choose a trade name
Apply for a business license
Choose an office space
Get pre-approvals, register your business and get your license

Establishing a company in any foreign state involves massive amounts of investments that are to be borne by the owners / shareholders of the company being formed.

This might turn out to be an extremely challenging process to withstand for a sole or joint proprietorship at the initial stage of forming the company. To leverage and expand the business provisions, the government in the Sultanate has regulated free zones in Oman that are economical business establishment zones. Competitive incentives and opportunities from Oman's numerous free-trade agreements signed with strategic economic countries such as Europe, the United States, Singapore and the Gulf Cooperation Council are some to describe. Each of the free zone that focuses on a different industry and each zone caters and is tailored to the particular infrastructural needs of its industry of focus. At the same time, they can initiate and improve business opportunities.

Why set up company in Oman Free Trade Zones?

Companies established under the Free Zones and Special Economic Zones benefit from tax exemptions and commercial incentives for example:
100% Repatriation of Capital and Profits
100% foreign ownership.
Modern and sophisticated infrastructure
Fast and easy business set-up procedures
No personal income tax for employees.
Developed business communities
No customs duties levied on imported and re-exported goods
100% exemption from corporate and income taxes
Independent laws and regulations
Easy regional and global market access

Free-zone in Oman are as follows:

Al Mazunah Free Trade Zone
Salalah Free Zone
Sohar Free Trade Zone
Duqm Special Economic Zone
Knowledge Oasis Muscat Special Economic Zone

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Testimonials

Our Client’s Review

The staff went above and beyond at all times, from suggestions to clearing all of our doubts, we had so many questions that we couldn’t find the answers to but the consultants at Smart PRO explained everything in detail. Thanks team Smart PRO

Muradh Khan

I’m really happy with your team’s determination to finish the process of obtaining 5 year investor visa. I know it wasn’t easy but I knew you guys could do it. Your helpful attitude makes it clear that your team can continue to take on new challenges and grow with the company. Thank you for your extra effort and making us comfortable during this whole process. I will definitely recommend your service to my colleagues and friends.

Dily Geejo

Thank you Smart PRO for helping me out to setup my business and my family in Oman so smoothly it couldn't have been any easier.

Rajesh Sharma

Since a long time we were looking to outsource our company’s book-keeping and one of my friend introduced me to SMART PROs team of financial services since then entire thing been smooth sailing under professional eyes.

Khrishna Kumar

Highly recommended PRO consultants, they have a solution for everything, I didn’t have any knowledge about the business environment in Oman but with Smart PRO it’s been remarkable.

Robert Lazaro

Our company launched lots of new products and with the help of Smart PRO we got it all registered in very short duration.

David Michelle

I received my golden visa for 10 years, In just 8 days thank you Smart PRO and their entire staff for being so helpful and making it easy

Pradeep De Costa

Smart PRO arranged my requirements to setup my new company also fulfilling my necessities to employ the required staff for each department, my business has been flowing smoothly ever since. Thank You Smart PRO again

Anishka Malshi

Much thanks to the Smart PRO team for arranging all of my needs, I had a very limited time before I had to travel but they made sure that everything was completed before.

Edward Cole

Contact Info

Phone: +968-97083232
Location: Al Hail, Al Seeb, Sultanate of Oman
Email: info@smartpro.om