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List of incentives available in this location for quick easy reference below.

Incentives

Table key

  • Incentive offered
  • Incentive not offered
  • Did not submit information
Cash grants/incentives
Tax exemptionsMore [+]Less [-]
  • There is no personal income tax in Oman.
  • The corporate tax rate is 12%.
  • Corporate tax exemption is offered for five years for certain sectors (manufacturing , mining, agriculture, fishing, fish farming, aquaculture, animal breeding, tourism, export of manufactured and processed products, education institutes and hospitals). A five year extension may also be granted.
  • Companies may obtain an exemption from the payment of customs duty on exports and imports of equipment, spare parts and raw materials.
Property assistance / other fiscal incentive
Training and labor market assistanceMore [+]Less [-]
  • The government has accorded special attention to the vocational training centers. Ministry of Manpower offers a monthly grant for trainees during the training period.
Loan guarantees, cheap loans or finance
Exemptions from regulationsMore [+]Less [-]
  • There are no restrictions or controls on repatriation of capital and profits.
  • Custom duties on most products range from 0% to 5% only.
Target sectorsMore [+]Less [-]
  1. Manufacturing
  2. Tourism
  3. Information Technology
  4. Food processing
Sectors specific incentivesMore [+]Less [-]

Incentives to manufacturing and tourism include:

  • Land on long lease.
  • Special utility rates.
  • Corporate tax exemption.
  • Customs duty exemption.
  • No restriction on Foreign Exchanged.
  • No personal income tax.
  • Export Credit Guarantee.

Sponsorship

If you are the authorised promotions agency for Oman and would like to have your location highlighted on fDi Atlas, you can contact our sales team on + 44 (0) 207 775 6667 or contact us here.