Second country in the Arabian Peninsula by extension
24 ° oil producer in the world
to Asia Strategic location
Strong economic reports in place with neighboring India
A sultanate open and committed
a social climate of great prospects
A sovereign fund more than $ 10 billion
Second country in the Arabian Peninsula by extension
The Sultan Qaboos has the ambitious goal of bringing the incidence of the oil sector in GDP to 9%. The strategic plan of the Government (Vision 2020, $ 78 billion in 2011-2015) ensures heavy investment to support the growth of GDP and its diversification rather than dependence on hydrocarbons
Rich economy and growing
According to all organisms political and economic world, starting with the World Bank Oman is classificat "High Income" (high per capita income) and are considered the most promising area for growth in the next five years
Great opportunities for Italy
Oman is no exception in tribute strong appreciation for the Italian brand, both in the industrial BtoB than in typical consumer of Made in Italy. Yet Italy is hardly present among the countries that export directly in Oman
A culture developed social
A forward-looking and solid monarchy provides for a system of equal opportunities for all citizens without distinction of race, religion or sex. Women have the right to vote, hold public office and own property. Education is free and takes advantage of prestigious international collaborations
Economic stability and high rating
Standard & Poor's assigns Oman "A" rating in the long term and "A-1" short, emphasizing the solidity of public finances
Quality and investments to top
Omani companies are subject to strict protocols international management (eg ISO, HACCP), employment is growing and the health care system, modern and efficient, provides further investment (5 new hospitals in the capital and other major cities
An average expenditure which widens
Despite a wealth of high base, the domestic consumption have been rising steadily and shall conform to Western styles with a high demand for goods and services of medium-high in the sectors food, fashion, furniture, personal care (medical & wellness), communication , educational, entertainment
A final market high-income
Of about 2.8 million people, about 700,000 are foreigners who live and work in Oman (many Westerners) and expressing consumption habits closer to those North American and European
Not only consumption, but production
The non-oil exports (mainly to Asian markets) are on the rise for 10 years at a rate of over 20% per year (agriculture and fisheries at all), confirming the vocation of a country geographically located in a strategic way
A project on the country's system
The Five-Year Plan envisages substantial resources broken down by economic sectors, among which the infrastructure (roads, ports, airports), but also private construction, tourism, commerce, industry (metals, plastics, energy, chemicals, automotive), the 'Agriculture and Exploitation of the Sea
Tourism in the first place
USD 8 billion of public investment in one of the areas with greatest potential: 20% targets for growth in the sector with 5/6000 3/4/5 star accommodation by 2015
No improvisation
Through a series of specialized institutions dedicated (PAIPED, PEIE, BANK MUSCAT, OMAN NATIONAL BANK OF), the Government provides organizational and financial support
Climbing the ranking "Doing Business Index"
This index of the World Bank measures the ease with which, on the basis of specific aspects, it is easy to establish a successful business in the country. In 2012, Oman has rank 49 out of 183: it was 53 in 2011 with 4 positions scaled in a single year (Italy falls in the range 74 to 109)
Simplicity, efficiency, transparency
The legal system is investor-friendly and some components of the DBIndex strike, as the number of procedures, the days needed to activate a new business in Oman, the time to access the credit
Value to human relationships
The Arabic culture assigns to the personal relationship and trust a key role in the management of a lasting business: less bureaucracy but many report, frequent and direct
Direct involvement in business
It 'very encouraged and facilitated the entry of lenders in the Omani industrial and commercial projects implanted by aliens (an average of 70% foreign ownership and financial capital for the local 30%)
Capital? A non-issue
In the presence of an Omani partner and the appropriate credentials of the project and know-how, Financial Institutions Omanis, direct expression of governmental deputies development, provide credit on extremely favorable terms
A unique advantage: the insurance
Oman is the only Gulf country to offer these services: insurance coverage against the risk export business and politics, bureaucratic assistance and export subsidies, subsidized loans for export
Tax levy very low
The average rate of taxation on taxable profits is around 12 and the contribution on employees is 10.5% (to be confirmed). No restrictions on repatriation of capital and profits to the country of origin
Exemptions on profits of enterprise
In some areas, you can take advantage of the exemption on profits for the first 5 years, possibly renewable for another 5 years. Manufacturing companies, for the first 5 years of production, do not pay customs duties on imports of machinery, spare parts, raw materials and semi-finished
No taxes on personal income tax
Foreign investors implanting activities in Oman can benefit from a complete absence of tax on personal income tax
Our support is developed in the early stages of analysis and study of the Omani market, in the early stages of exploration and contact, and finally in the early stages of support to the generation of business opportunities, and finally at the stage of concrete on-site service for all your needs related to the conduct of productive activity and / or commercial
A growing relationship
From the first business mission resulted from collaboration with Oman Sail, relations with the country have intensified not only with istituizioni, but also with local business operators: Gulf Mining Group, Al Saffat, Public Establishment for Industrial Estates, The Wave Muscat , Muriya, Naranjee Hirjee, Wolf
Proven experience
For some years now the structure ECG operates in Oman with great success for the benefit of so many Italian entrepreneurs, here are the names: CMG, Europe, Media, Energy Tryesco, cemental, Castile and Associates, CGM, Solesa, Sestriere 2035, VC Professional, TEA
A growing relationship
From the first business mission resulted from collaboration with Oman Sail, relations with the country have intensified not only with istituizioni, but also with local business operators: Gulf Mining Group, Al Saffat, Public Establishment for Industrial Estates, The Wave Muscat , Muriya, Naranjee Hirjee, Wolf
