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Oman


Oman VAT registration start with OMR 38,500 threshold

Oman has set-out the VAT registration timetable as the Arab Gulf country implements VAT from 1 April 2021. There will be a compulsory VAT registration threshold of OMR 38,500. There will be a voluntar...Continued

Oman 1 April 2021 VAT implementation

Oman now plans to implement a 5% VAT from 1 April 2021. This is based on a decree approved by Sultan Haitham Bin Tariq Al Said. Oman would be the fourth of six Arab Gulf states to introduce VAT as pa...Continued

Oman VAT adoption January 2022

Oman is set to introduce Value Added Tax in early 2022 according the Economics Ministry. Oman would be the fourth of six Arab Gulf states to introduce VAT as part of a 2016 VAT union agreement....Continued

Oman VAT implementation advances

The prospect of 5% Value Added Tax regime in the Gulf State of Oman by early 2021 has progressed. The Omani Shura Council has approved the draft VAT Law, and has now referred it to the State Council. ...Continued

Oman 5% VAT launch early 2021

Oman’s Commerce Minister has confirmed that Value Added Tax will not be introduced until at least early 2021. The postponement had already been disclosed in a July 2019 bond prospectus. ...Continued

Oman no VAT until at least 2021?

Oman looks set to postpone the implementation of Value Added Tax until at least 2021. A Ministry of Finance official has stated that there will be no VAT launch this year. However, the Ministry has sa...Continued