Oman Sets Accreditation Criteria for E-Invoicing Service Providers Under Fawtara Initiative

• Oman Tax Authority released detailed accreditation criteria for service providers under the Fawtara e-invoicing initiative.
• Requirements include mainland commercial registration, minimum paid-up capital of OMR 60,000, and a clean legal and tax compliance record.
• Entities must have at least one year (Riyada card holders) or two years (others) of operational history.
• Technical standards require robust security, system documentation, ISO/IEC 27001 certification, and regular security monitoring.
• The initiative aims to ensure a transparent and secure digital invoicing ecosystem in Oman.

Source: taxoman.gov.om

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.

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