Madayn

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.