Oman: A Gateway to Prosperity for Global Investors
Emara & Soliman International Law Firm
Business Incorporation | Corporate Governance | Compliance | Competition Law | Merger & Acquisitions | IP Rights
Written By - Abdel Hamid Soliman - Managing Partner
What if your next big business move could unlock untapped opportunities in the heart of the MENA region? Oman is opening its doors with trade agreements and investment incentives that are reshaping the landscape for global investors. Here's why Oman deserves your attention ??????
?? THE BASICS → Oman has over 105 trade agreements with countries across the globe, including Free Trade Agreements (FTAs) with key players like the United States, Singapore, and the European Free Trade Association (EFTA). These deals eliminate or reduce tariffs on goods and services, fueling smoother international trade.
→ The Gulf Cooperation Council (GCC) Customs Union ensures seamless movement of goods between member states, enhancing Oman's role as a regional logistics hub.
→ Avoidance of Double Taxation Agreements (DTAs) with 34 countries, including the UK, China, and India, prevent double taxation and improve tax efficiency for international businesses.
?? THE ADVANCED
→ FTAs with the US and GCC countries allow up to 100% foreign ownership in key sectors like construction, insurance, and telecommunications, giving international companies unmatched operational freedom.
→ Oman’s membership in the World Trade Organization (WTO) strengthens its trade policies, guaranteeing non-discrimination and providing investors with clear, predictable rules.
→ Foreign investors gain from Oman's strategic geographic location, offering direct access to booming markets in the Middle East, Africa, and South Asia.
?? THE SURPRISING
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→ The United Kingdom leads as Oman's top investor, with $35.6 billion in foreign direct investment (FDI) as of 2024, dominating over 50% of the total FDI. The United States follows with $13.6 billion. Major sectors attracting FDI include oil and gas (79.1% of total FDI), manufacturing ($5.5 billion), and services.
→ Oman's US FTA isn’t just about trade—it’s a launchpad for exporting goods to wider regional markets with customs exemptions.
→ Investors from GCC or EFTA countries can fully own real estate in specified tourism zones, an unparalleled advantage for those eyeing real estate growth.
?? ACT NOW! ??
Whether you’re in manufacturing, logistics, or technology, Oman’s trade policies and strategic location make it an ideal platform to expand globally. With lucrative tax incentives, liberalized trade sectors, and guaranteed legal protections for foreign investors, now is the time to act. Dive into Oman’s opportunities and secure your place in the region’s economic future.
How Emara & Soliman Can Help Investors in Oman?
As an experienced legal partner specializing in company incorporation and foreign direct investment across the MENA region, Emara & Soliman International Law Firm offers unmatched support to foreign investors looking to establish or expand in Oman.
By combining local expertise with global standards, Emara & Soliman empowers investors to make informed decisions, minimize risks, and maximize returns in Oman’s thriving economy.
If you're ready to explore Oman’s vast opportunities, partner with Emara & Soliman today for more information, visit our website: emarasoliman.com!
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