Madayn:The General Establishment for Industrial Estates – Madayn
What is Madayn:
The Public Establishment for Industrial Estates, today known as Madayn, was established in 1993.
The industrial march that began in the Sultanate with the establishment of Rusayl Industrial city in 1983.
VISION
World-class business cities with an Omani identity based on partnership.
MISSION
An enhanced government role for comprehensive and sustainable economic and social development through a partnership with the private sector to develop and operate business cities with integrated services, with a rapid response to changes based on the best solutions and technologies, that meet the needs and requirements of the business, take into account environmental standards.
Why invest in Madayn?
Because we put our partners at the top of our priority list in everything we always strive to meet their needs by providing a wide range of effective business setup packages
Free Trade Agreements
- Gulf Cooperation Council – Customs Union
- GCC – Singapore FTA Free Trade Agreement & Economic Integration Agreement (grants Omani products to enter Singapore without customs duties.)
- Greater Arab Free Trade Area
- United States – Oman FTA Free Trade Agreement & Economic Integration Agreement (exemption from customs duties on Omani products exported to the United States.)
- GCC – European Free Trade Association FTA (Iceland, Liechtenstein, Norway, Switzerland) (Exemption of industrial goods, fish, and other marine products exported from GCC countries to EFTA countries from customs duties)
Manpower
- Cooperation with government agencies to provide a qualified and trained workforce.
Rental
- Lease period of lands and facilities for up to 30 years, renewable for the same period
- Right to waive the lease right for the remaining period of the contract.
- The right to sell the assets and facilities based on the leased land.
- Right to mortgage the buildings and installations constructed on the leased plot.
- Right to involve new partners in the lease contract.
Exemptions
- Income tax exemption for 5 years.
- Exemption from customs duties and taxes on production inputs and machinery.
- There are no restrictions on imports, exports or sales.
- There are no restrictions on foreign exchange. Corporate tax at a fixed annual rate
- Customs duties at a flat rate of 5%.
- The franchise of public-private partnerships is up to 99 years.
- 100% ownership.
- Environmental studies for industries in category B are not required.
- 50% discount on environmental permit fees
One Stop Shop (OSS)
Madayn offers services in fast delivery and a transparent environment that is ‘easy to do business with through electronic and physical One-Stop Shop: Masar Service Centres. Additionally, the Masar team highlights our affordable premium solutions of spaces designed to help you thrive:
Communication and Electronic
Madayn provides key services to meet the expectations of our investors and partners through adopting smart services to ease procedures and services:
E-hotline
E-Mssar
- Application for a new investment
- A map system that is used to manage and view Madayn locations (estates, land, building, office) and view tenants who invest in these locations
Service Provider
Madayn features developed infrastructure and advanced utilities to serve investors and clients:
- Contractor and consulting offices
- Environmental consulting companies
- Providing maintenance, security and protection services
- Infrastructure (to connect water – electricity – communications – gas
- Medical Services
- Banking Services
- Shipping Services
Additional Benefits
Designed to contribute to the growth and sustainability of your businesses, our exceptional benefits include the following:
“Omani campaign ” membership
Madayn Industrial Innovation Academy
Mizah Marketing and Business Development
Mubadrah Comprehensive Services L.L.C
Shumookh investment and services
Companies and Legel Entities
The legal forms of a commercial company in the Sultanate of Oman vary, regardless of whether it is an institution or a partnership
Tadhamon Company
The company includes at least two partners
The minimum required capital for a joint liability company is 3,000 Omani riyals.
One of them is an Omani or a Gulf national, whether or not this citizen is from a privileged country.
Joint Stock Company (Public / Closed)
At least 3 members of the founding committee represent 60% of the company’s capital if the company is to be subject to foreign investment rules
Limited Liability Company
At least two investors
The minimum required capital for a limited liability company is 20,000,000 Omani Riyals.
One person company
Only the investor himself can submit an application for the establishment of the sole proprietorship / sole trader
Have an active PKI Identification Card or an active PKI Resident Card.
Our solutions
Madayn offers you the ideal facility for your development journey, starting from co-working spaces to full-scale industrial facilities currently operating under Madayn umbrella 10 thriving cities, a free zone, and a technology park with the latest international standards.
Logistics (warehouses) – commercial
Value rent
3 OMR per (sqm) annually
Metal Warehouses
Value rent
(estimated cost per square meter/10) X area
Infrastructure developer
Value rent
Depending on the size of the developed area
Residential
Value rent
2 OMR per (sqm) annually
Automobile showrooms
Value rent
3.500 OMR per (sqm)
Installations and buildings for different uses
Value rent
(estimated cost per square meter/10) X area
Industrial
Value rent
1 OMR per (sqm) Excluding
Al Mazunah Free Zone 1.250 OMR per (sqm)
Al Buraimi Industrial City 0.500 OMR per (sqm)
Office space
Value rent
7 OMR Fitted Office space per (sqm) per month
6 OMR Shell and Core space per (sqm) per month
37.500 OMR (sqm) per month
*Prices increase every five years by 15%
*Lease contract with yearly renewal up to 30 years * All developer contracts extend for 99 years.