- The Tax Authority of Oman has signed an agreement with Oman Telecommunications Company (Omantel) to implement an advanced e-invoicing system, marking a significant step in the country’s digital tax transformation efforts.
- This initiative aims to modernize Oman’s tax framework, enhance operational efficiency, and align with global digitization trends, ultimately improving tax systems and public revenue effectiveness.
- The partnership supports Oman’s national objectives for institutional and digital transformation, contributing to the goal of achieving a higher ranking in the World Governance Index in the coming years.
Source: tms.taxoman.gov.om
- Revival of E-Invoicing Initiative: The Oman Tax Authority has resumed its e-invoicing initiative through a partnership with Oman Telecommunications Company (Omantel), aiming to advance Oman’s digital tax transformation initially planned for 2024 but postponed.
- Development of a Modern E-Invoicing System: Omantel will lead the design and development of a secure e-invoicing platform that enhances operational efficiency, improves public revenue management, and aligns with Oman’s Vision 2040.
- Future Announcements and Timeline Adjustments: Details regarding implementation timelines, technical specifications, and the Continuous Transaction Controls (CTC) model are forthcoming, with expectations that the original early 2026 timeline may need to be revised.
Source SNI
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
