Discover the Special Economic Zone at Duqm: Your Gateway to Investment in Oman
Unlocking Investment Potential in Duqm
The Special Economic Zone at Duqm (SEZAD) in the Sultanate of Oman stands out as a premier destination for investors seeking lucrative opportunities. With a commitment to fostering economic growth and attracting large-scale projects, SEZAD offers a variety of competitive advantages that make it an ideal choice for both local and foreign investors.
Impressive Investment Volume
As of the end of 2024, investments in SEZAD have exceeded OMR 6 billion (approximately USD 16 billion), reflecting the Zone’s growing reputation as a hub for business and development. This substantial investment volume highlights Duqm’s strategic location and robust infrastructure, making it a key player in the regional economic landscape.
Competitive Investment Incentives
- Long-Term Income Tax Exemption: Enjoy an income tax exemption for up to 30 years, renewable, allowing investors to maximize their profits.
- Customs Duty Exemption: Benefit from no customs duties on imports and exports, significantly lowering operational costs.
- VAT Exemption: The absence of Value Added Tax (VAT) enhances the Zone’s competitiveness, making it a cost-effective choice for businesses.
- Land Usufruct Rights: Secure land usufruct rights for up to 50 years, renewable, ensuring long-term investment stability.
- No Minimum Capital Requirement: Flexibility to start projects based on your capacity, encouraging entrepreneurial ventures and innovation.
- 100% Foreign Ownership: Investors can fully own their businesses without restrictions on profit or capital repatriation, adhering to global investment standards.
- Easy Foreign Currency Transfers: Streamline your financial transactions with no restrictions on transferring foreign currency.
- One-Stop Shop Service: Simplify your investment journey with a centralized service point for all transactions, ensuring efficiency and convenience.
- Swift Permits and Licenses: Experience immediate issuance of permits and licenses upon application submission, allowing you to commence operations without delay.
- O-Map Platform: Utilize the innovative O-Map platform to electronically select suitable land plots and access layout maps, saving you time and effort.
- Streamlined Labor Licensing: Effortlessly attract skilled professionals with facilitated labor licensing procedures designed to support your business needs.
Verify Information and Enhance Your Investment Journey
SEZAD encourages all prospective investors to verify information related to the investment environment in Duqm. By ensuring the accuracy of details, stakeholders can help maintain the Zone’s positive reputation.
Get Started Today
For inquiries and investment applications, reach out to the SEZAD Call Center at 1919 or email us at info@duqm.gov.om.