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SOHAR Port and Freezone is a deep-sea port and adjacent free zone in the Middle East, located in Sohar, Sultanate of Oman, midway between Dubai and Muscat. [1] With current investments exceeding $26 billion, it is one of the world's fastest growing port and free zone developments [2] and lies at the centre of global trade routes between Europe and Asia.
The Royal Decree No 105/2020 established OPAZ in August 2020. It oversees the Special Economic Zone at Duqm, the Al Mazunah Free Zone, the Salalah Free Zone, and the Sohar Free Zone. [1] The headquarter of OPAZ is located in Muscat. [2]
Asyad was established in 2016 and is headquartered in Muscat, Oman.Asyad operates logistics solutions via ports, free zones, and maritime assets in the Arabian Peninsula. [3] [4] Asyad Group has three deep ports, two free zones, an economic zone, a dry dock, and a dry port.
Land free zone: [31] Krapina–Zagorje Free Zone (in liquidation) Danube Free Zone of Vukovar; Free Zone of Kukuljanovo (inactive) Free Zone of Port of Rijeka – Škrljevo; Free Zone of Split–Dalmatia (in liquidation) Free Zone of Zagreb; Port free zone: [31] Free Zone of Port of Ploče; Free Zone of Port of Pula; Free Zone of Port of Rijeka
Port Sultan Qaboos (previously known as Mina Qaboos) [1] is the largest port in Muscat, Oman.Originally developed as part of a "Greater Muttrah" plan initiated by Qaboos bin Said al Said's predecessor, Said bin Taimur, the port’s construction was completed in the 1970s. [2]
A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone. Companies operating within free zones are typically non-customer-facing businesses, such as those involved in import/export, online operations, and other business activities that do not ...
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai.
No Corporate Tax, 100% exemption [24] provided that business done between the free zone company and any mainland companies are under 375,000 AED a year. [25] 100% ownership of business; Bank accounts can be opened in a business's name; Reasonable renewal fees; 100% import and export tax exemptions; 100% repatriation of profits and capital ...