Al Mazunah Free Zone Company Registration - 100% Remote Support

Yes, foreign-based entrepreneurs can establish a legal entity in the country because the authority allows a 100% ownership to residents outside Oman. Now benefit from the extendable corporate tax breaks with zero-rated VAT treatment of goods and services originating from and within the free zone.

If you outsource the incorporation process of your business entity via Enterslice, you’ll gain the following:

• Optimized corporate structuring
• Low operational costs as compared to in-house teams
• In-depth knowledge and experience of the Omani company law.
• Expedite registration and licensing
• Quick query resolution and faster approval with the authorities
• Easy bank account onboarding with established relationships with Oman-based banks.
• Scalable operations as per annual compliance and tax return filing seasons. 

Yes, you will have to secure a valid lease and tenancy agreement in the free zone before the company registration, because a virtual address is not sufficient for license approval in the Al Mazunah FZ.

The Free Zone authorities set no fixed fund requirement. For starting a business in the FZ, all you need is a lease, a business plan, incorporation documentation, and final approval by the regulator.

A Free Zone Company is the most ideal structure for non-Omani entrepreneurs because it provides complete foreign ownership, no minimum capital requirements, and flexible management.

You don’t need to automatically enrol for Value Added Taxes once you set up a company in the Al Mazunah Free Zone. The threshold for registration is USD 100,000 and above per annum, and the voluntary enrollment limit is between USD 49,900 and USD 100,000.

Currently, the Free Zone offers up to a 30-year tax holiday for corporations registered in the region. Also, there’s no personal income tax. You will also benefit from zero-rated customs duty in the Free Zone.

The initial registration and license approval will be completed within 7 to 10 days, but other steps, like corporate bank account opening, tax enrollment, and municipality clearances, will take around 2 to 4 weeks.

General documents include an application form, MOA/AOA, passport copies of all directors/members, tenancy contract of the office space, a business plan, a board resolution, and a certificate of incorporation.

No, you don’t have to appoint a local promoter for establishing a company in the Al Mazunah free zone region because the FZ authority does not mandate it. Foreign founders like you can fully own their company's setup after obtaining a license.

Yes, you can easily set up a branch office of your non-resident parent entity in the Al Mazunah Free Zone. All you need to do is register it with the FZ authority, obtain the license register for taxes, and open a corporate bank account. Most importantly, hire a manager for daily operations management.

The Free Zone is not automatically exempt from VAT, so a 5% rate applies if you’re:

• Selling goods and services to the mainland. 
• Importing goods into Oman.
• Providing services that are under the taxable services category. 
• The zero-rated rule will apply to you in case you’re doing re-exports outside Oman, like some other international jurisdiction. 

The total estimated cost for an Al Mazunah FZ is around USD 5,000 to 15,000, depending on your license type, bank account deposit, number of visas, warehouse/office lease, and registration fees.

• Trading for the distribution, import, and export of goods. 
• Industrial for assembly, manufacturing, and processing.
• Services for BPO, tech support, and consulting services. 
• Logistics for transport and warehousing.

You must renew your license each year to keep your business operational without any interruptions. As a company owner, you must make the annual license fees and lease payments to avoid any penalties for non-compliance.