Business Description
A free zone business in Oman provides many benefits like tax exemption during the initial 25-year period as well as no minimum capital requirements for shares. The type of company that is formed in Oman is also able to take advantage of the Omanisation rate of 15% and the 100 percent foreign ownership. Furthermore, companies are able to establish their operations in Oman without needing an annual residency permit or visa to enter for Yemeni citizens. These factors allow for the process of business establishment in Oman extremely appealing.
