MAXIMISE RETURN ON INVESTMENT
Beside the competitively low initial cost of setting up,
and a one-stop-shop arrangement for licences, permits,
visas, customs clearances, etc., a whole host of other
investment-friendly incentives are available to
businesses operating at Salalah Free Zone.
The array of special incentives include:
| • |
A
lease for 50 years (renewable for another 50 years)
|
| • |
100%
foreign ownership |
| • |
Zero
customs duties on imports and exports |
| • |
No
minimum capital investment requirement |
| • |
No
taxes on profits or dividends for 30 years
|
| • |
No tax
on personal incomes |
| • |
No
restrictions on repatriation of capital, profits and
investments |
| • |
Omanisation requirement level of only 10%
|
| • |
Flexible customs procedures |
Businesses at Salalah Free Zone will even be able to
participate in existing export guarantee arrangements
provided to Omani companies by Omani financial
institutions.
|