Duqm Free Zone Company Setup - Register in 5 Days

With an LLC, single-member establishment, or a branch office, you can: 1) enter the global business market; 2) take advantage of the tax exemptions and channelize your revenues for business expansion instead of heavy tax liabilities; 3) venture into the UAE, Saudi Arabia, and other GCC nations via Oman’s location in the Middle East; 4) move your goods with minimal custom requirements and enjoy zero tariffs in the zone; and 5) retain your earnings without any deductions as a non-resident.

You can register an LLC in the Duqm Special Economic Zone and engage in: 1) general trading; 2) maritime shipping; 3) warehousing; 4) storage & distribution; 5) heavy to medium manufacturing and processing; 6) steel production and refineries; 7) commercial real estate; and 8) tourism- resorts and operators:

No, you don’t have to pay tax on your company’s income for up to 30 years, which can be extended, depending on your business activity and R&D, provided you satisfy the below mentioned conditions:

• You must register with the Oman Tax Authority after obtaining the trade license.
• Secondly, you must comply with the Omanisation rate (at least 10%) of your entire workforce.
• Maintain proper accounting records as per the IFRS rules and file annual tax returns on time. 

Yes, you can set up a branch office of your foreign parent legal entity in case you don’t want to establish another enterprise in the non-resident jurisdiction and are seeking mere expansion of your existing business and brand expansions in Oman.

A limited liability structure is most advantageous for non-residents because:

• There's no minimum fund requirement- you can decide to invest however much you want. 
• The personal assets of the shareholders are secured against debts, meaning the members are only liable to the extent of the funds contributed by them.
• You can just start up with one shareholder who can either be an individual or a corporation.

Regardless, a branch office is ideal for already established parent companies looking for international exposure and a Free Zone Establishment for MSMEs owners seeking complete control.

The cost structure for starting a business in the SEZAD (in USD) is as follows:

• Application and incorporation: 1,300 to 2,600.
• Commercial registration: 780-1,300.
• Chamber of commerce enrollment: 390-780
• Business license approval and annual renewal: 2,600 to 5,200, depending on the activity.
• Flexi desk or small office lease: 1,500 to 3,000
• Warehouse or land: 4500 to 20,000+

As a business owner, if your annual taxable income goes beyond the USD 100,000 threshold limit in a year. However, most supplies are zero-rated, so you don’t have to pay any tax, but registration is important for availing the exemption benefit.

No, you can operate a company with a virtual address in the Duqm Free Zone. You must have a flexi desk, warehouse, storage facility, or industrial land as your entity’s physical address.

The Duqm special economic zone is more than just a free trade zone. It is specifically designed for heavy industry projects and renewable energy, unlike Sohar or Salalah, which have light manufacturing and logistics as primary activities.

Yes, you can update or amend your business license after the Duqm free zone company setup, provided you obtain proper approval from the Special Economic Zone Authority of Duqm prior to making any changes.

Currently, there’s no minimum fund mandate required for Free Zone LLC, establishment, or branch office setup in the SEZAD free zone. As a startup or a small and medium enterprise (SME) founder, you can register your business with a flexible capital contribution as per your availability.