Oman, one of the GCC nations with growing business centers and business opportunities that allows foreign ex-pats to explore more and start their new business easily. If you are planning to grow your business then Oman will be the right place for you. Also there are multiple free trade zones for different industries available in Oman for setting up new business. Among them, Salalah free zone is Oman’s second-largest free zone with attractive infrastructure and competitive labors that grab the attention of all the investors in the different sectors. There are light and heavy industrial centers close to the East-West trade lanes and buoyant markets of the Indian Subcontinent, East Africa, and the wider Middle East.
Salalah free zone is a unified financial community that helps to connect investors with entrepreneurs to support them to fulfill their dream of setting up the company or finance their business needs.
What are the benefits of Business Setup in Salalah Free Zone?
100% repatriation of profits and income
30% Income tax exemption available
100% full foreign ownership
No minimum capital required
No tax on personal incomes
Zero customs duties on imports and exports
What are the different types of licenses available in the Salalah free zone?
1. General Trading License
This license is issued for companies who want to do importing, exporting or trading of products like electronics, food, furniture, and clothes. This allows doing trading not only in Oman but also in the markets all around the world.
2. Trading License
It allows the holder to import, export, distribute, and store items specified on the license.
3. Industrial License
This license allows the holder to import raw materials, manufacture products, and exporting the finished product to any country. This license is subject to clearances from the respective ministries.
4. Service License
This License allows the holder to perform the services specified in the license, within the Free Zone. The type of service mentioned in the license must be the same as that of the parent company’s license that is issued by the economic department or municipality of the relevant region.
What are the documents required to set up a Company in Salalah Free Zone?
- Business Activity summary
- Personal and professional details
- Passport of the Shareholders
- Certificate of Registration
- Bank accounts of at least 6 months
- Auditor’s Appointment letter
- Letter of acceptance from the auditor
Why Business Link UAE?
Business Link UAE is the leading business setup consultant that helps you to start your business in Oman or Salalah Free Zone. Our legal consultants have high knowledge about the rules, regulations, and procedures to setup a company. We are the most trusted firm with reliable and fast services that we can promise you forever. We have excellent experience in this field and will ensure you that you can start your business in Oman without any difficulties through the procedures. Choose Salalah free zone as the strong basement and choose Business Link as the strong pillars to support you to grow your business.
For More Info:
UAE: +971 55 6070 118
KSA: +966 5404 87 398
India: +919 606 282 728