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It’s time to ditch the skyscraper hype of Dubai and the mega-city buzz of Riyadh because, in 2026, the smartest global founders are making quiet moves to Oman. Attracted by 100% foreign ownership in most sectors, zero minimum capital requirements, 30-50-year tax holidays, and operating costs up to 60% less than the UAE, Oman is fast becoming the GCC’s most profitable under-the-radar business hub.
With Duqm and Salalah Ports handling more strategic cargo than ever, tens of billions of dollars’ worth of green hydrogen projects underway, and FDI registrations up 68% in 2024 alone, this is not speculation. This is happening right now. Here’s precisely why, and how you can join them.
Once eclipsed by glamorous neighbours like Dubai and Riyadh, Oman has quietly emerged as the GCC’s most entrepreneur-friendly destination in 2026. Aggressive diversification under Vision 2040, 100% foreign ownership across more than 120 activities, zero minimum capital for most sectors, and free-zone incentives far superior to those offered by the UAE- all have triggered this transformation.
Add record-breaking port expansions in Duqm and Salalah, the world’s largest green hydrogen projects, along with the lowest office and residential costs in the Gulf, and global founders are waking up. In 2024 alone, new foreign business registrations jumped 68%. Oman is no longer the “quiet neighbour”, it’s the smart money’s new hub. All business enthusiasts must think about business setup in Oman as it’s an excellent choice.
The year 2026 represents the sweet spot: 100% foreign ownership is the reality in most sectors, with free zones providing better tax deals than ever, Duqm and Salalah ports are fully in operation, green hydrogen mega-projects launch, and living costs are between 40-60% below UAE or Qatar.
Oman is strategically placed at the intersection of global trade routes. Duqm Port has expanded; it’s now even wider than Dubai’s Jebel Ali. That means it can handle those huge container ships with ease. Plus, it sits about 500 km closer to India and East Africa than any port in the UAE, so shipping takes 3 to 5 days less. Looking to next year, Salalah is set to move more transhipment cargo to Europe and East Africa than any other port on the Arabian Peninsula.
Oman’s 3,165 km coastline connects straight to the Indian Ocean. Ships can skip the Strait of Hormuz, which is a big deal with all the current tension in the region. And with the new rail and road corridors linking China and Oman as part of the Belt & Road initiative, overland trips to Europe get a lot faster, up to 10 days quicker than the old Suez Canal route. For logistics, e-commerce fulfilment, or manufacturing hubs catering to 2.5 billion consumers across Asia and Africa, Oman offers an unparalleled geographical advantage.
With direct flights to more than 120 international places and forthcoming high-speed cargo rail connections to Saudi Arabia and the UAE, Oman is poised to become the fastest along with most discreet shortcut between East and West by 2026.
In 2026, Oman remains the most politically stable country in the GCC, characterized by its neutral foreign policy and the complete absence of civil unrest. Sultan Haitham’s Vision 2040 has already experienced significant milestones, it has permitted full foreign ownership in 122 sectors, eliminated minimum capital requirements for most businesses, and introduced a five-year tax exemption on key free zones. The government is vigorously promoting FDI through the Invest Easy portals, which have cut registration times down from months to days.
Omanisation quotas are among the most flexible in the Gulf, while costs linked to hiring expatriates stand at 60-80% less than those in the UAE or Saudi Arabia. Entering the market will be further sweetened by the recent release of the new Omantel 5G infrastructure and the establishment of data-centre hubs, placing Oman as an exciting destination for both fintech and technology startups.
While regional neighbours have opted for headline-grabbing mega-events, Oman is committed to sustainable diversification, investing billions in logistics, renewable energy, and tourism infrastructure that directly benefits private business. For 2026, the red-carpet treatment is not merely a gesture, it is underpinned by legislation, infrastructure, and substantive financial incentives.
Setting up a company in Oman in 2026 is quicker and cheaper than ever before. Complete foreign ownership, minimal or no capital, and an efficient digital registration mean that setting up can take as little as 7 to 30 days. This straightforward guide dispels some common myths and outlines the actual steps most new companies will commonly take.
Previous regulation: OMR 150,000 for a mainland LLC or OMR 20,000 for a single owner.
Current situation in 2026: For more than 2,000 business activities (including consulting, IT, trading, logistics, tourism, and most technology sectors), the minimum capital requirement is officially set to ZERO.
For the remaining activities, a common capital range of OMR 20,000 to 50,000 is now standard and can be utilized immediately as working capital, eliminating the need for a blocked bank account. Free-zone companies are not subject to any capital requirements. The only remaining exceptions are in banking, insurance, and large-scale aviation; otherwise, the business landscape is largely free of barriers.
Oman’s free zones surpass those of the UAE and Saudi Arabia by offering 30-year tax exemptions compared to their 15-50 years, albeit with higher caps. They also feature zero customs duties on re-exports and land/office costs that are 40-60% lower.
The zones allow full foreign ownership, impose no Omanisation quotas, and provide seamless one-stop approvals, resulting in a setup process that is 2-3 times faster, making them ideal for logistics, manufacturing, and renewable energy sectors in 2026. Have a look at the Oman Free Zone benefits of various areas:
The Salalah Free Zone, located on Oman’s southern coast, has emerged as a major logistics hub by 2026, attracting RO 187 million in fresh investments during the first half of the year alone, which pushed total commitments to RO 4.9 billion. At the crossroads of Asia, Africa, and Europe, its strategic location allows SFZ to manage more than USD 2 trillion annually in trade without bottlenecks such as those experienced at the Strait of Hormuz.
The SFZ is directly connected with Salalah Port, considered one of the deepest mega-vessel ports in the world, and Salalah Airport with temperature-controlled cargo services. Thus, cargoes from the zone can reach Yemen in just 3 hours, the UAE and Saudi Arabia in 1-2 days, while moving 48 hours faster into Europe through Oman Air’s Sea-Air Corridor.
What sets SFZ apart? It provides unparalleled incentives: 100% foreign ownership, 30-year tax and customs exemptions and it allows a workforce that is 90% expatriate. At the end of 2025, warehouse occupancy was at 87%, while land occupancy stood at 51%, driven by bonded regimes for re-exports. Rentals are lower than at Dubai’s Jebel Ali, starting from OMR 4,000 annually, while Asyad Group’s inclusive logistics solutions make it an exceptional competitor for e-commerce fulfilment, pharmaceutical cold chains, and heavy machinery distribution, thus promising savings of 20-30% against UAE hubs.
Spread over 2,000 sq. km with a coastline of 90 km, Duqm Special Economic Zone SEZAD in 2026 combines mega-scale infrastructure with entrepreneur-friendly benefits and attracts RO 6.3 billion after its Economic Forum.
Home to the world’s largest green hydrogen projects and a multi-purpose port deeper than Jebel Ali, it hosts OQ’s petrochemical complex feasibility and mining clusters. 100% foreign ownership, 30–50-year tax holidays, zero customs on imports/re-exports, no labour quotas.
With 138 new contracts worth RO 1.049 billion in H1 2025, 97% industrial, Duqm empowers startups in renewables and logistics via one-stop approvals and AIIB financing. Vast land availability and rail links to Saudi/UA position it as the GCC’s ultimate scale-up hub, outpacing Saudi Arabia’s economic cities in flexibility and cost.
The Sohar Free Zone, known as the industrial jewel of Oman along the Gulf of Oman, is today one of the most important centres of heavy manufacturing in 2026, having crossed the $30 billion mark in investments, created 42,000 jobs, and attained $45 billion in annual trade volume, thus realizing its 2050 targets two decades ahead. Incentives include 100% foreign ownership, 30-year tax holidays, duty-free imports, and lenient Omanisation policies to accommodate world talent.
Land rentals start from OMR 3,500 per year, which is 60% less than in comparable locations in the United Arab Emirates, while an expansion worth $23 million has opened more than 80 hectares to meet growing demand, valued at $1.2 billion in the first half of 2025. Notable projects include the $1.3 billion polysilicon manufacturing plant by United Solar, which will have the capacity to manufacture 100,000 tonnes per year, and a 6GW solar power plant by JA Solar at $217 million scheduled for operation in 2026, alongside expansions in ferrochrome and antimony used for flame-retardant materials.
Sohar’s efficient digital approval system shortens setup time to weeks rather than months, with sustainable digitalization and improved rail and road infrastructure enhancing operational efficiency. For major players in aluminium refining and green technology, it offers 25-40% operational expenditure savings compared to Saudi Arabia’s Modon cities, establishing itself as the preferred location for scalable, export-oriented operations.
In 2026, the emerging entrepreneurship trends in Oman are aligned more with partnerships in renewable energy, tourism technology, and digital finance.
Led by the Vision 2040 initiative, logistics alone has seen investments rise to RO 2.6 billion, while green hydrogen projects have attracted billions of dollars. Powered by an internet penetration rate of 98%, coupled with digital transformation backed by Omantel, the number of fintech startups has grown by 62% to 42.
H1 container throughout increased 11.7% to 2.4 million TEUs across important ports in 2025 as a result of Duqm Port’s 152% cargo surge in 2024, handling over 1,000 vessels. By September, investments had surpassed RO 2.6 billion, giving rise to firms in blockchain monitoring, drone logistics, and AI-driven supply chains.
Asia-Europe transit will be shortened by days because of Asyad’s new 26,000 TEU terminal and $550 million expansion for green steel and hydrogen. Oman is positioned as the GCC’s non-Hormuz commercial gateway as entrepreneurs rush to SEZAD’s 2,000 sq. km zone, where 138 contracts worth RO 1 billion gave rise to businesses including automated reefer monitoring companies.
Oman’s green hydrogen race went into warp speed, when eight land blocks were allotted for 1.38 million tpa of production by 2030, attracting $11 billion of deals such as HyDuqm’s $8 billion 5 GW solar-wind electrolyzer. First project FID eyes 2026-27, with OPAZ allocating 150 sq km in Duqm for solar-powered plants.
Startups thrive, Sustainergy’s CO2-to-SNG technology and low-carbon hydrogen vessels fuel innovation, backed by Hydrom’s auctions. EDF-J-POWER-Yamna’s 178,000 tpa venture and the Actis-Fortescue 200,000 tpa hub spawned electrolyzer firms and battery storage innovators, slashing emissions while exporting to Europe and Asia. Oman’s renewables FDI is now on par with oil legacies.
Oman’s tourism-tech fusion wowed in 2026, with hotel revenues increasing by 18.2% to OMR 141 million in H1, while international arrivals reached 1.14 million, up 9.2%. OMRAN’s $260 million contracts gave birth to the luxurious ITCs at Al Mouj Muscat and eco-reserves in Wadi Al Shab, melding VR heritage tours with desert lodges.
Godoba’s acquisition of a digital platform smoothed booking, while UnderTheDoormat’s $7 million prop-tech investment regulated short-term luxury rentals. TUI-OMRAN JV is planning five hotels, targeting 4.5 million visitors. Startups go in for AI-driven personalized adventures at Majlis Al Jinn Cave and blockchain ticketing for Jabal Shams camps as it gears towards pushing up the contribution of this sector to GDP to 3%, targeting 10 million tourists by 2040.
Omantel’s 2026 TechCo pivot, integrating AI, cloud, and fintech, propelled e-commerce to an OMR 1.5 billion digital economy projection, with 98% internet penetration and 5 million smartphone users.
The fintech market reaches RO 1.1 billion at 16% CAGR, licensing 16 new firms to reach 42 via the CBO’s accelerator. Startups such as OMPay’s super app, Mamun’s embedded lending, and Kushk’s store-to-online converter thrive on Omantel’s Web Payment API and 14.5 million Q1 transactions. Blockchain e-commerce platforms and migrant fintech Monak E-Services ride this wave, backed by RO 25 million SME funds that unleash cashless retail and global crowdfunding in Oman’s hyper-connected ecosystem.
The following are some of the advantages you will get to experience upon settling up your business in Oman:
Oman flew under the radar in 2024 and 2025 but made some real waves. European companies, fed up with the steep prices in Dubai, slashed their costs by 38% just by packing up for Sohar. Meanwhile, over in Salalah, Asian online retailers caught on to how much the port helps their business, so they pivoted there.
Down in Duqm, green hydrogen startups pulled in $65 million in new funding. With everything picking up speed, foreign direct investment shot up by 68%. It’s not just about sweet deals; Oman’s got the infrastructure to back it up, and that’s powering some pretty impressive growth.
Late in 2024, DEME Concessions, a Belgian heavyweight in marine logistics, moved core operations from Dubai to Sohar’s free zone, capitalizing on Oman’s non-Hormuz access and a $2.6 million container depot expansion. It integrated DEME’s fleet with Sohar’s 21% Q3 cargo boom, allowing Asia-Europe seamless rerouting via more than 200 sailings each week.
Costs plunged 38% – office rents went for OMR 3,500 per year against OMR 9,000 in Dubai, plus zero customs on re-exports, while 30-year tax holidays locked in savings. By mid-2025, DEME throughput had doubled to 1.2 m TEUs, birthing hybrid logistics startups that confirm Oman’s advantage over UAE congestion for heavy-lift and project cargo pros.
Eway, a Singapore-based cross-border fashion powerhouse and regional e-commerce leader, moved its GCC fulfilment centre from Jebel Ali to fulfilment centre Salalah Free Zone during Q1 2025, with an eye on OMR 187 million in fresh investments and the port’s occupancy of warehouses at 87%. Salalah’s deep-sea berths reduced India-Africa shipping by 48 hours versus UAE routes.
Bonded regimes zero-out duties on USD 2 trillion trade flows. Eway’s operations cost went down 25%, boosted by 30-year tax exemptions and 100% profit repatriation, improving B2C margins. With 13.54% e-commerce CAGR in Oman, order volumes surged by 62% to 500,000 per month by November 2025, also powering up micro-fulfilment for quick commerce, and proving Salalah to be the smarter, quieter alternative to Dubai’s saturated hubs.
UK-based startup Sustainergy was a CO2-to-SNG innovator that pivoted from Rotterdam to Duqm’s SEZAD in early 2024, tapping Oman’s 150 sq. km solar blocks and $11 billion green hydrogen pipeline, this relocation unlocked 30–50-year tax holidays and zero customs, integrating Sustainergy’s tech with HyDuqm’s 5 GW electrolyzer to offer low-carbon vessels.
After the move, it secured $65M Series A from AIIB and EnerTech by Q3 2025, set aside for scaling to 178,000 tpa ammonia. Pilot production reached FID targets by reducing emissions 90% relative to fossil baselines and exporting to Europe, thereby proving how Duqm’s rail links and Vision 2040 grants had turned relocation into a funding magnet for cleantech disruptors.
Given below are the potential challenges and ways to overcome them-
Setting up a business in Oman before early 2026? This 90-day plan uses the 2026 reforms for 100% foreign ownership in more than 122 sectors, zero minimum capital for most activities, and digital approvals to reduce the timeframes to 7-14 days. Prepare, execute, and scale up the phased road map.
Assess your sector-logistics, renewables, and fintech against the negative list- most, similar to IT and trading, qualify for full ownership. Choose a structure: SPC for solos, no capital required, or LLC for partners, OMR 20,000 minimum, though this can be waived. Draft a simple business plan-the market entry, targeting Oman’s 3.1% GDP growth and RO 2.6 billion FDI inflow. Engage a local consultant via a power of attorney for a remote setup. Budget for OMR 500-1,000 in initial fees, strive for free zones such as Duqm for tax perks.
It is necessary to reserve a unique name online, then subsequently submit copies of a passport, proof of address, and a business plan to the Ministry of Commerce for an Investment License and Commercial Registration Certificate. This takes about 3-7 days in total.
Once the CR is in hand, one can open a corporate bank account at Bank Muscat or elsewhere. Sector-specific approvals should be sought as relevant: health for tourism-related ventures. The application for investor visas, renewable for 10 years, then follows. In all, it should take about 2-4 weeks. The total cost for all this will be OMR 1,500-3,000, including visas.
Lease space from OMR 3,500 a year in Sohar and import gear duty-free if you’re in a zone. Hire via relaxed Omanisation, under 35% locals, subsidies are on offer. Network at events to forge partnerships, including COMEX. Monitor for compliance with quarterly audits. By day 90, you’re operational-exporting via Salalah Port or pitching green hydrogen pilots in Duqm.
Pro tip: Use one-stop digital portals for 80% remote processing. This can be actualized in this timeline, with the stability in Oman and a 40% cost edge over the UAE, coupled with 68% FDI growth in 2025. Monitor progress on a weekly basis. Success is waiting, so act now.
Oman has quietly built the Gulf’s most founder-friendly scene. You get 100% foreign ownership, barely any capital needed to start, tax breaks that last decades, and ports that don’t get tangled up in the Strait of Hormuz. Plus, running a business here costs 40–60% less than in Dubai or Riyadh.
While everyone else chases splashy headlines, Oman just gets down to business, pulling in record FDI, launching booming logistics and green hydrogen hubs, and, honestly, making life easier for people who want to build something. If you are tired of packed markets and rising costs, Oman in 2026 isn’t just another shiny promise, it’s the smart move. The door’s wide open, the welcome’s real, and the early birds are already seeing the rewards.
Seeking expert support for company registration in Oman? Talk to our experts at Enterslice.
Oman's economic trajectory shows consistent development in a number of areas. The nation is growing more and more appealing to investors and business people looking for long-term prospects because of government-backed growth plans, a favourable economic climate, and strategic geographic placement.
The Ministry of Economy predicts that Oman's economy will grow by about 2.9% in real GDP in 2026, and that growth will likely pick up speed to 3.7% in 2026 thanks to the OPEC+ agreement's lifting of constraints on oil output and ongoing momentum in non-oil industries.
Entrepreneurship boosts national productivity and information transfer, fosters innovation and creativity, adapts new technology, and opens up new work prospects for Omani young, all of which contribute to economic progress.
Oman has a number of economic issues that need to be addressed. Due to its heavy reliance on the oil and gas industry, Oman's economy is extremely susceptible to changes in world prices and how they affect the nation's budget.
Cybersecurity is one of Oman's fastest-growing industries due to the rising need for secure digital infrastructure. Businesses that provide risk management, data privacy, and digital protection services will find a welcoming atmosphere and robust government assistance.
In the Gulf area, terrorists have vowed to assault residential compounds, among other targets. Transportation, aviation, energy, and military interests. Public spaces include dining establishments, lodging facilities, retail malls, beaches, and houses of worship.
Opportunities for Business in Oman's Oil, Gas, and Petroleum Sector. Oman has a plethora of natural resources, including gas and oil, and is one of the world's top producers of these commodities. Numerous significant investments in this field, from new refineries to exploratory initiatives, are made in this country.
One important way to create jobs is through entrepreneurship. Entrepreneurs generate jobs for themselves and others by launching new companies. This enhances the community's general economic well-being and lowers unemployment rates.
Clothing, airline tickets, cosmetics, and hotel reservations are the top categories and goods for Omani online shoppers.
The Sultanate of Oman has a vibrant and diverse private sector that encompasses a variety of activities, including manufacturing, agriculture, mining, textiles, retail, tourism, transportation, and fisheries, even though the oil and gas industry is one of the main sectors of the Omani economy.
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