author_orbitax
Orbitax

Share This Article

Oman's New Law on Special Economic Zones and Free Zones Includes 10-Year Tax Exemption

09 May 2025

|

Approved Changes

|

Oman

Oman's Public Authority of Special Economic Zones and Free Zones has published an English-language version of Royal Decree 38/2025, which was issued on 7 April 2025 and promulgated the Law of Special Economic Zones and Free Zones. The law repeals and replaces the Free Zones Law promulgated by Royal Decree No. 56/2002. As explained in an Explanatory Memorandum on the provisions of the Special Economic Zones and Free Zones Law, the Law aims to achieve a number of national priorities outlined in Oman Vision 2040, including the following objectives: Enhancing the investment environment and raising its attractiveness; Enabling the Authority...