Company Setup in Salalah Freezone
Salalah Free Zone is one of the most popular trade hubs in Oman. It was established in 2006 by Royal Decree and covers an area of more than 21 sq. km. The city of Salalah is the second largest city in Oman, located in the southern part of the country. Salalah Free Zone is closer to Salalah Port City and the Salalah International Airport.
The company set up in the Salalah Free Zone may be suitable for investors in trading, logistics, manufacturing and assembly, chemical processing, and tourism industries. Accordingly, the Free Zone authority issues various licenses, such as general trading licenses, industrial licenses and service licenses, based on the business activity of the Salalah Free Zone company. The Free Zone offers offices, warehouses and storage on lease with the tenants. The free zone has attracted investments of more than USD 15 billion, which will be fulfilled by 2028. Investors looking for company registration in Oman should consider the Salalah Free Zone before deciding to invest.
Benefits of Company Setup in Salalah Free Zone Oman
The following are the benefits of setting up a company in the Salalah Free Zone are:
Tax Exemptions for a Minimum of 30 Years
Take Advantage of the Free Trade Agreements with the US and Singapore
100% Foreign Ownership
No Restrictions on Foreign Exchange and Profits Repatriation
No Customs Duty on Imports and Exports
Simple Company Formation Process
Process of Company Set up in Salalah Free Zone Oman
The first step in setting up a company in the Salalah Free Zone is to fill out the application form with all the relevant details required to process it.
The investor must submit all the supporting documents with the completed application form to the authority to conduct due diligence.
The applicant must obtain a no-objection certificate from the Oman Environment Ministry in order to submit it to the Free Zone authority.
Upon the successful due diligence check by the Free Zone Authority. The investor will have to pay the agreed lease fee to the authority.
The investors must obtain necessary licenses from the Ministry of Commerce, Ministry of Labour and Oman Chamber of Commerce to proceed with the Salalah Free Zone company formation.
The Salalah Free Zone authority issues the investor with the certificate of incorporation, which is a green light to start the company operations from the Salalah Free Zone.
Documents Required for Salalah Freezone Company Formation
- Proof of Identity of Shareholders and Directors
- Proof of Address of Shareholder and Directors
- Memorandum of Association (MOA)
- Bank Statement (Last 6 months)
- Business Plan Summary
What our clients say
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Setting up a freezone company in Dubai with Gryffin Capitalist is straightforward and efficient. The team provides expert guidance, ensuring compliance with all legal requirements.
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Why Choose Gryffin Capitalist?
The Salalah Free Zone presents an attractive option for investors looking to establish a business in Oman. With its strategic advantages, transparent regulatory framework, and supportive infrastructure, it serves as a gateway for international trade and investment in the region.
Our team at Gryffin Capitalist has years of experience working with international clients to assist them with Salalah free zone company formation. We closely work with our clients to provide customized solutions which suit their business needs and help them with their company registration in Oman.
Quality Professionalism
Extreme Privacy
Strong belief in long-term client relationships
Competitive Market Pricing
Global Footprint
Efficient and Transparent Process
Best Freezones to choose to start your Company
Our business consultants have chosen freezones which are ideal for start-ups, business owners, and SME companies. These freezone provide a quick company registration process and a complete ecosystem for businesses.
Frequently Asked Questions (FAQs)
1) Logistics
2) Manufacturing
3) Chemical Processing
4) General Trading
5) Tourism
1) General Trading License
2) Industrial License
3) Service License
The business setup cost will vary on factors like your business structure and activity, leasing costs for office or warehouse space, and license fees. For getting a proper estimate for your business setup, contact a competent business setup firm.
Yes. Businesses have to renew their licenses every year, then maintain their financial records and comply with labour laws.
The Salalah company registration process takes around 3 to 4 working days.
