Advantage Oman (2024)

By 2025 one billion people will enter the global consuming class and around 600 million of them will live in emerging markets on Oman’s doorstep. Companies that understand and respond to these shifting dynamics will experience tremendous benefits. Oman is strategically placed and has the business base, track-record, infrastructure, experience, talent, leadership and global connectivity to help any business take its ambitions forward.

Accessing Global Markets

  • International Track Record

    International Track Record

  • Trade Agreements

    Trade Agreements

  • Custom Exemptions

    Custom Exemptions

Helping Omani companies penetrate advanced as well as emerging markets is important to us. In fact, the number of Omani firms exporting to international markets continues to rise. Exporting to over 130 countries, the value of non-oil Omani exports reached US$19.1 billion in 2022, up 41% on 2021.

Oman is a signatory to the WTO, the GCC common market, GAFTA and has FTAs with the USA, Singapore, Iceland, Norway, Switzerland and Lichtenstein.

Oman offers custom exemptions on the import of plant machinery and raw materials for five years from commencement of production.

International Success


We are passionate about helping Oman’s business community, companies of all sizes, capitalise on economic growth wherever in the world it is taking place. To this end, we support Omani businesses to ensure they can compete in an increasingly challenging global marketplace. This strategy is working. In fact, Omani products and services are enjoying tremendous international success.

Capital & Profit Repatriation

There are no restrictions on capital, profit repatriation, currency exchange or dividend transfers

Political & Economic Stability

We are proud of Oman’s legal transparency, economic stability and political tranquility

Did You Know?

Oman’s various free trade agreements give businesses access to over 750 million consumers

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Did You Know?

  • 88% of the next 1 billion people to enter the middle class globally will be Asians.
  • Advantage Oman (5)

    Did You Know?

  • The size of the Asian middle class is expected to reach nearly 3.5 billion, or 65% of the world's total, by 2030. Up from 1.4 billion in 2015.
  • Advantage Oman (6)

    Did You Know?

  • Africa’s middle-class household consumption is predicted to reach US$2.5 trillion by 2030.
  • All these consumers are on Oman’s doorstep.
  • Advantage Oman (7)

    Pro-Enterprise Environment

    Stable and legally transparent, Oman is low on bureaucracy and tax andbig on ambition and enterprise. Investors can set up quickly and withminimum red tape while our legislative framework makes operating herestraightforward and hassle free. There is high-quality, affordable work andoffice space in every part of the country with competitive establishmentand operating costs that set businesses based in Oman up for success.

    100% foreign owned business quick and straightforward to set up.

    No foreign exchange controls.

    No personal income tax.

    Legal transparency.

    English is universally spoken and widely used.

    Stable and tranquil.

    Open, friendly and innovative with a global outlook.


    Our roads, ports and airports are ranked as some of the best in the world and we boast first class tech parks as well as manufacturing and business properties. We offer everything an ambitious company needs to succeed.

    Our successful and continuing economic growth has also significantly enhanced Oman’s leisure, housing, industrial and office provisions, strengthening Oman’s ability to attract and retain investment and talent, offering you outstanding market opportunities.

    Cost Effective

    Oman offers a business cost advantage over many countries in the region. According to the World Bank, Oman is ranked as one of the most cost-effective countries in the Middle East for doing business in terms of the combined impact of significant business cost components including labour, utilities, facilities, transportation, financing costs and taxes.

    Cost of Doing Business

    It pays to do business in Oman. According to the World Bank, Oman is ranked as one of the most cost-effective countries in the Middle East for doing business in terms of the combined impact of significant cost components including labour, utilities, facilities, transportation, financing costs and taxes.

    Talk to Us

    Ministry of Commerce, Industry & Investment Promotion, PO Box 550, Muscat 100, Sultanate of Oman.

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