Al Mazunah Free   Zone

Al Mazunah Free Zone

“Gulf gateway or transship to Yemen and East Africa”

Al Mazunah Free Zone was established on 24 November 1999 as the first free zone of its kind in the Sultanate. The total area of the zone is 14.5 sq km. It was granted the powers and laws of the free zones mentioned in Royal Decree No. (56/2002) regarding the establishment of Al Mazunah Free Zone.

The Public Establishment for Industrial Estates - Madayan is responsible for managing the zone by Royal Decree No. (103/2005). Al Mazunah Free Zone bylaws were issued in accordance with Ministerial Decision No. (22/2010), which also clarified the incentives, benefits and requirements for operating the zone.

Al Mazunah Free Zone

  1. Exemption of profits from income tax for 30 years without ​the need to provide income declaration
  2. Flexibility in the transaction process for remittance and dealing of foreign exchange
  3. Exemption from the law of commercial agencies
  4. Exemption from customs duties
  5. Permission to import all eligible goods into the Sultanate of Oman
  6. Exemption from the requirement of a minim​​um investment in addition to a wide freedom to use foreign currencies
  7. Possibility of 100% ownership of the invested project’s capital
  8. Allow Yemeni workforce to work in the free zone without entry visa or permanent residence permit in Oman
  9. Omanisation percentage for the operating company stands at 20%
  10. Issuance of certificates of origin (free zone products) or (foreign origin)
  11. Grant the factories operating in the free zone a national certificate of origin
  12. Facilitate residence visas for non-Omani investors
  13. Availability of Omani and Yemeni products at affordable prices through a single common market
  14. Adoption of the Yemeni customs data for goods received from Yemen
  15. Allow the establishment of a representative office within the customs territory of Oman

Potential investment opportunities "key sectors"

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