Al-Mazunah Free Zone Oman
Al-Mazunah is situated in the Dhofar region, in the South-West of Oman that covers an area of 4,500,000 sqm. This turns out to be one of the free zones of Oman attracting millions of expats to set up the business in Oman.
Established in 1999, this free zone has witnessed remarkable growth in its business ecosystem. It has become a magnet for business investors specializing in light industry and trading.
The Sultanate of Oman is actively working to position itself as a global investment hub, with the aim of enticing a broader spectrum of international business investors. As a result, there has been a significant surge in the number of investors. Various investment opportunities in this area align with the advantages offered by the region.
Investment Opportunities of Al-Mazunah
Al-Mazunah have investment opportunities for the following businesses:
The Commercial Sector
It includes storing and trading goods, spare parts, cars, machine equipment, fruit and vegetables.
Light Industrial Sector
This has plastic, clothes, foodstuff and wood.
Assistance Service Sector
It has restaurants, transport, distribution and clearing, translation office, fax and printing
When you are an investor or businessman looking for expansion of your business in the same industry, opt for Al-Mazunah Free Zone.
The Benefits of Setting Up a Company in Al-Mazunah
- The well-built communication network.
- 100% foreign ownership.
- Initial tax-free zones for 30 years.
- No minimum capital requirements.
- No personal income tax.
- Yemeni nationals are allowed to work without work permits or visas.
Ways to Set Up a Company in Al-Mazunah
You have to follow some steps to start a company in Al-Mazunah.
- Application submission
To initiate the process of company incorporation, you must complete an online application, which gathers all necessary information directly from the Al-Mazunah Free Zone website. Following the submission, the authorities will conduct a comprehensive review.
- Registration at Chamber of Commerce
Registering your business entity necessitates securing registration at the Al-Mazunah Chamber of Commerce.
- Registration at Municipality
You have to get the entity registered at Municipality and receive the Certificate. To obtain them, some essentials are needed to be provided.
Documents Needed to Set Up a Company in Al-Mazunah
- Detailed Business Plan.
- Letter of Intent.
- Company Profile.
- Company’s Financial Report.
- Tenancy Agreement for Lease of Plot.
- Company Registration Document.
- Industrial and Environmental Approval.
- Industry Production Sketch.
- Chamber of Commerce Membership Certification.
Facilities Given By Al-Mazunah
Al-Mazunah has the following facilities for easy business operations:
- The Commercial Mall.
- Warehouses.
- Administrative Centers.
- Multi-purpose Areas.
- Green Parking Zones.