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Oman new VAT law: no minimum threshold for nonresident registration

Oman has previously announced the introduction of 5% VAT, aimed at driving economic growth in the Gulf state. Oman’s VAT Law has now been published and will come into force on 16 April 2021. The law has important implications for non-resident businesses that wish to do business in Oman.

Source: vatglobal.com

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