Situated in the Dhofar region, in the South-West of Oman, covering an area of 4,500,000 sqm, Al-Mazunah turns out to be one of the free zones of Oman that attracts millions of expats who wants to set up a business in Oman. This FZ was commenced in the year 1999, and till today it has seen tremendous growth in its business establishment count. The region attracts business investors who deal with trading, light industry etc. This article will give you a clear idea of what the region is all about. The Sultanate of Oman aims to build Oman as an investment platform by attracting more business investors worldwide and is taking necessary steps to meet its goal.As stated, the number of investors has been drastically increasing, let’s start with the different investment grounds in this region followed by the benefits that the region provides.
Investment Opportunities in Al-Mazunah
Al-Mazunah provides investment opportunities to the following businesses:
- Commercial Sector: includes storing and trading of goods, cars, spare parts, fruits & vegetables, machine equipment
- Light Industrial Sector: Foodstuff, Plastic, Clothes, Wood
- Assistance Service Sector: Transport, Distribution and Clearing, Restaurants, Translation Office, Printing, Fax etc.
If you are an investor or businessman looking for expansion of your business in the same industry, you can opt for Al-Mazunah Free Zone.
Benefits of Setting Up a Company in Al-Mazunah
Some of the benefits that you will be able to avail by setting up a company in Al-Mazunah Zone are:
- A well-built communication network
- 100% Foreign Ownership
- Initial Tax-Free Zones for around 30 years
- No minimum capital requirement
- No Personal Income Tax
- Yemeni nationals are permitted to work without visas or work permits
Now, let’s head towards the company setup process in Al-Mazunah.
company register in al-mazunah