Incentive Guide For Sectors slide image

Incentive Guide For Sectors

03 Incentive Guide For Sectors Aviation о Discounted rates for rent at Oman airports for new investors. Sector о Reduced rates from Transom company for new airline handling operations. Tourism Sector о о о о Land will be granted under usufruct for a period of 25 to 50 years, depending on the type and size of the project. A development agreement will be signed with the owners of integrated tourism complexes, which may provide additional incentives and benefits. Special visas will be granted to property owners in integrated tourism complexes. Exemption from paying the rental value for a period up to five years from the date of signing the usufruct contract. The rental value per square meter is 500 baisa per year for Muscat Governorate and Salalah Governorate and 200 baisa for the rest of the Sultanate's governorates. The rental value is calculated only on the built-up area or at least 50% of the area.
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