EYEY

Oman issues law on special economic zones and free zones

|Tax Alerts, Information Reporting, Legis ...|Oman
Oman

  • Oman published Royal Decree 38/2025, on 7 April 2025, establishing the Law of Special Economic Zones and Free Zones, effective as of 14 April 2025.
  • The new law introduces a 10-year income tax exemption for qualifying enterprises, renewable for two similar periods for activities of a special nature, while streamlining the processes for approvals, permits and licensing.
  • The new law aims to promote eco…

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