Oman grants tax exemption to Iranian investors

Business Materials 14 October 2018 11:18 (UTC +04:00)

Tehran, Iran, Oct. 14


An official with Iran-Oman Joint Chamber of Commerce said Oman has granted tax exemption to Iranian investors and businesspeople.

“Investing in Oman would have a low risk for Iranian investors,” Shahla Amoori told ILNA news agency on October 14.

“Iranian businesspeople (in Oman) have been exempted from paying taxes,” he added.

Saying that Oman is among the biggest importer of Iranian goods, she said the ties between the two nations have opened up a good opportunity for the Iranian investors.

In late June, Iran signed an export financing agreement for tightening mutual business ties with Oman on the sidelines of the 17th round of Iran-Oman Economic Commission.

Arash Shahraini, a member of board of directors and technical deputy of Export Guarantee Fund of Iran, and Qais bin Mohamed bin Moosa Al-Yousef, chairman of Export Credit Guarantee Agency of Oman (known as Credit Oman), signed the memorandum of understanding.