- Oman plans to introduce electronic invoicing in 2023
- The e-invoicing system will be rolled out voluntarily in April 2024
- It will become mandatory for large entities in October 2024
- Oman may follow the e-invoicing models of Saudi Arabia and the United Arab Emirates
- The tax authority has defined electronic tax invoices in decision No. 456 of 2022
- VAT-registered taxpayers in Oman will need to make changes to align with e-invoicing
- Businesses should consider implementing compliance technology for an easier transition
- Businesses should observe e-invoicing implementation in other GCC countries
- Implementation timelines and scope of the initiative will be announced soon.
Source: premier-brains.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Oman"
- New VAT Guidance Clarifies Intra-GCC Imports, Zero-Rated Exports, and Refund Procedures
- Tax Authority Launches Campaign to Educate Consumers on Zero-Rated VAT Goods
- Tax Authority Unveils “Fawtara” Visual Identity and Digital Services at COMEX2025
- FSA Hosts Accounting Seminar and Launches New Electronic Licensing System
- Oman Moves Toward e-Invoicing that could start in 2026
