In October 2020, Oman confirmed the introduction of Value Added Tax (VAT) at 5% as from 16 April 2021 and published its VAT Law (in Arabic) via Royal Decree 121/2020 in Oman’s official gazette on 18 October 2020.
The Oman tax authorities subsequently have initiated several measures including consultation with businesses and trade bodies on VAT, and the release of VAT guides, FAQs, and other useful documents to assist businesses and individuals to prepare for the implementation of VAT.
Source: Deloitte
Latest Posts in "Oman"
- Oman Launches E-Portal Tax Refund Services for Embassies and Diplomats
- Tax Authority Launches Campaign to Educate on Zero-Rated VAT Goods in Muscat
- Tax Authority Unveils E-Invoicing and Digital Services at COMEX 2025
- Oman Tax Authority and Omantel Partner to Launch E-Invoicing for Digital Transformation
- Timeline of B2B E-Invoicing implementation
