Salalah Free zone oman
Oman has favourable options for business investors in course of time. To set up a business in Oman seems to be a flexible option. It offers multiple free trade locations termed as ‘Free Zones’ that targets different industries. One such free zone is the ‘ Salalah Free Zone’.
The Key Investment Sectors of Salalah Free Zone
Salalah Free Zone focuses on the following sectors:
- Chemical and Material Processing.
- Assembly and Manufacturing.
- Logistics and Distribution Moving.
Benefits to Set up a Company in Salalah Free Zone
It has a tax exemption for 30 years. 100% foreign ownership under-expansion for direct destination links and cargo. Investment of $ 15 billion Usd to meet by 2028. The cost-competitive market research along with utilities, labour and infrastructure. It offers a large number of Free Trade Agreements(FTA). Being an investor you have to be aware of the different licenses and permits that the zone offers.
Permits & Licenses in Salalah Free Zone Oman
To carry out the business activities, SFZ has the following licenses for investors.
- The General Trading License
The license holder has the flexibility to export, import, distribute and store the items as per the regulations of the Free Zone Authority.
- The Trading License
The holder of the trading license may export, import, distribute and store items that have been mentioned in the license.
- The Industrial License
This allows the holder to import raw materials, set up industries, carry on assembling and manufacturing processes and exporting them to several nations.
- The Service License
The service license gives privilege to the license holder to carry specific services within the Free Zone. This is granted by the parent company and the license is issued by respective government departments.
Certain essentials are provided in the process of business establishment. You have to keep the few documents ready before proceeding with the establishment process.
Documents to Setup a Company in Salalah Free Zone
- Summary of the business conducted.
- Application form to be filled with personal and professional details.
- Passport of Shareholders.
- Memorandum of Articles (MOA).
- Certificate of Registration.
- Bank accounts of 6 months.
- Appointment letter of the auditor.
- Auditor’s letter of acceptance.
When you get all the essentials, you can proceed with the company registration process.
How to Set Up a Company in Salalah Free Zone
To start a business in SFZ, certain processes have to be followed:
- Submit Company Essentials
The necessary documents have to be submitted to initiate the process to the next level.
- Get a No Objection Letter
You have to get a No Objection Letter from the Salalah Free Zone Authority that has no objection to set up your business in their free zone premise.
- Due Diligence
Need to get the due diligence of the company to avoid any kind of offence.
- Selecting Plot
You can select the plot size after the due diligence.
- Fee Payment
Have to move to the next level of fee payment for the premise.
- Permits and Licenses
Special permits and licenses are obtained from the respective authorities to carry out the business activities.
- Certificate of Registration
After collecting the needed licenses and permits, the Certificate of Registration has to be collected from the Registrar Office.
Facilities offered by Salalah Free Zone
- Office space for lease.
- Construction facilities.
- Good connectivity.
- Warehouse of different sizes.
FAQ
What is the Salalah Free Zone and why choose it?
Salalah Free Zone is an export hub beside the Port of Salalah. Moreover it offers incentives, fast licensing and GCC access for reliable, cost-effective growth.
Does the Salalah Free Zone allow 100% foreign ownership?
Yes. SFZ permit 100% foreign ownership for approved activities. Additionally profit and capital repatriation remain straightforward under standard free zone frameworks.
What license types are available for Salalah Free Zone company registration?
Typical option include industrial, trading, logistic and service licenses. Moreover each license align with defined activities and facility requirements.
What are the key benefit of registering a company in Salalah Free Zone?
You gain corporate tax exemption for qualifying projects and custom duty exemption on approved input. Consequently costs drop while lead times improve.
How long does Salalah Free Zone company registration take?
Timeline vary by activity & facility. However, one-stop guidance and digital workflows usually shorten approvals and reduce documentation loops.
What documents are required for company formation in Salalah Free Zone?
You’ll submit shareholder ID, proof of address, a proposed trade name, activities list and draft constitutional document. Additionally bank and professional refs may apply.
What are typical costs and fee for Salalah Free Zone company?
Expect license fees, lease or warehouse rent, utilities and compliance costs. Furthermore logistics and insurance shape your landed cost per SKU.
How does the Port of Salalah support SFZ logistics?
The Port of Salalah provides frequent mainline calls and efficient handling. Consequently, exporters cut transshipment risk and secure reliable sailing schedules.
Can I open a corporate bank account in Oman after registering in SFZ?
Yes. Banks support corporate bank account Oman openings with company documents. Moreover clear KYC and activity scope speed onboarding.
Which sector perform best after Salalah Free Zone company registration?
Strong fits include manufacturing, logistics, cold chain, food processing and also packaging. Additionally light assembly and e-commerce fulfillment scale well.
