- Oman will introduce a VAT refund mechanism for tourists to boost tourism competitiveness.
- This move responds to regional competition, especially Saudi Arabia’s upcoming 2025 VAT refund scheme.
- Details on refund percentages and cost structures are yet to be finalized.
- The system will allow non-resident visitors to reclaim VAT on eligible retail purchases when departing Oman.
Source: vatcalc.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.
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