Business News

SOHAR Freezone incentives provide ideal environment for long-term business growth

Apr 13, 2023

Sohar [Oman], April 13 (ANI/PRNewswire): Continuing to drive growth for new and expanding local and international businesses, SOHAR Freezone has extended its competitive rates on General Trade License (GTL), allowing businesses from around to base themselves within the complex at a reduced rate for up to three years. Companies can save up to 50% on the regular rates and begin trading immediately by using SOHAR's electronic portal to secure all required permits through the on-site one-stop. SOHAR Freezone is targeting further growth in 2023 and has extended its competitive rates for new and renewing tenants to encourage trading in an already rapidly expanding SOHAR Port and Freezone.