Muscat — The International Financial Centre of Oman (IFC Oman) will offer a highly competitive tax regime aimed at attracting long-term global investment, under the law issued by Royal Decree No. 8/2026.
As part of a comprehensive incentives package, entities licensed within IFC Oman will benefit from tax exemptions for a period of up to 50 years, reinforcing the Sultanate’s strategy to position itself as a leading international financial hub. The incentives are designed to attract financial institutions, investment firms, professional services companies, and related supporting sectors seeking a stable, cost-effective, and globally connected base.
Headquartered in Madinat Al Irfan, with the flexibility to expand to other locations as permitted by law, IFC Oman will combine fiscal incentives with administrative, financial, and legislative autonomy. The Centre will operate under an independent legal and regulatory framework aligned with international best practices and based on English Common Law, providing investors with long-term certainty and confidence.
The tax exemption framework forms a core pillar of IFC Oman’s value proposition, complementing its regulatory agility, competitive operating costs, and access to regional and global markets. Authorities said the Centre will actively engage stakeholders and global institutions while finalising operational and regulatory structures, with the aim of commencing full operations within the year.
“The establishment of the centre is the culmination of efforts to achieve financial stability and economic diversification, and reflects the keen interest of His Majesty Sultan Haitham bin Tariq to create an attractive investment environment that strengthens Oman’s position as a leading financial centre defined by stability, integrity and efficiency,” said His Excellency Abdul Salam bin Mohammed Al Murshidi, Chairman of the Oman Investment Authority.
His Excellency Mahmoud bin Abdullah Al Awaini said the launch of IFC Oman builds on recent gains in the financial sector and improvements in Oman’s credit rating, adding that the centre will “advance financial sector development, attract investment and strengthen global partnerships in line with Oman Vision 2040.”
