Benefits of Setting up a Business in Sohar Free Zone. Setting up a business in Sohar Free Zone offers numerous advantages for entrepreneurs looking to expand in the Middle East. Located in Oman, the Sohar Free Zone is strategically positioned near key shipping routes, providing easy access to international markets. This makes it an ideal location for businesses involved in trade, manufacturing, and logistics.
One of the main benefits of Sohar Free Zone is the attractive tax incentives. Companies enjoy exemptions from corporate tax for up to 30 years, as well as no personal income tax. This significantly reduces operational costs and boosts profitability, making it an appealing option for businesses of all sizes.
Additionally, Sohar Free Zone offers modern infrastructure, state-of-the-art facilities, and a streamlined process for setting up and running businesses. With flexible lease options and a wide range of services, entrepreneurs can quickly establish their operations.
The free zone also provides 100% foreign ownership, allowing international investors to fully control their business. Furthermore, Sohar's proximity to the Sohar Port provides seamless logistics and supply chain management, further enhancing business efficiency.
In conclusion, Sohar Free Zone presents a wealth of opportunities for businesses seeking growth in a tax-friendly environment with excellent infrastructure and global connectivity.
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