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The Evolution of Free Zones in Oman Oman’s free zones have long attracted foreign investors with incentives such as tax exemptions, full foreign ownership, and simplified licensing. Locations like Sohar Freezone, Salalah Freezone, and Duqm have positioned Oman as a regional hub for trade and industry. Yet, with global business needs evolving, investors are looking […]
The 2025 Landscape: What Has Changed in Oman? Oman’s business ecosystem in 2025 shows it is working hard to diversify its economy as part of the Oman Vision 2040. A modern business climate is being shaped by new legislation that makes it easier for foreigners to own businesses, changes to labour rules, and the use […]
Oman’s corporate tax system has changed dramatically recently to better match world best standards and keep investment appeal. Taxes have become increasingly important for national income as the Sultanate expands its economy outside of oil. Omani businesses are subject to a progressive corporate income tax system with separate slabs set depending on income, profit, and […]