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Oman publishes VAT executive regulations

  • Mar 25, 2021 | Richard Asquith

Ahead of the implementation of a 5% VAT in Oman, the Tax Authority has published the Executive Regulations which provide some details on the operations of the new Value Added Tax regime. The regulation comes into effect on 10 April 2021 - VAT is launched on 16 April.

The new rules provide guidance on:

  • Place of supply of goods 
  • Place of supply of services
  • Tax point – when VAT is due based on invoice, payment and supply dates
  • Tax base – what costs, discounts etc to be included in the VAT calculation
  • Input VAT suffered recovery and non-taxable supply apportionment
  • Second hand goods and the margin scheme
  • Calendar quarterly VAT return and payment schedule, due 30 days later
  • VAT credits and refunds to non-residents

There is a VAT registration threshold of OMR 38,500. The registration process commenced in February 2021 for larger businesses.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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