Oman: Royal Decree Number 43 of 2020 recognizing the Organizational Structure of the Tax Authority

After the VAT law was published in the Official Gazette on 18 October 2020, Oman will be the fourth GCC country to implement VAT after KSA, UAE and Bahrain.

Tax Authority of Sultanate of Oman has issued a statement on Sunday which states that "Tax Authority would like to remind taxpayers that they must submit the VAT returns for the 2nd and 3rd quarters of 2021 by the stipulated deadlines."

With VAT implementation less than six months away post the publication of the VAT Law in the Official Gazette on 18 October 2020...

Farah Al Qubtan is a legal professional with expertise in corporate and commercial advisory, commercial disputes, and company formation. She holds an LLB from the University of Reading and completed her Legal Practice Course at the University of Law in London.

On Wednesday 13 March 2019, His Majesty Sultan Qaboos issued Sultani Decree (no. 23/2019) promulgating the Selective Tax Law (Selective Tax Law).

As a taxable entity, there might be instances where you overlook specifying that the contract amount excludes VAT.

Oman’s tax system has developed significantly over the years, not only in terms of procedures and compliance, but also in relation to the legislative policy behind tax exemptions under the Oman Income Tax Law One...

On 22 June 2025, the Omani authorities announced the introduction of a Personal Income Tax Law ("PITL") pursuant to Royal Decree No. 56/2025 (the "Royal Decree").

The Ministry of Finance in Oman wished to implement a 5% VAT regime from the 1st September 2019. The government of Oman signed the Gulf Cooperation Council (GCC)

The Official Gazette of Oman published Ministerial Decision No. 14/2019 issued by the Ministry of Finance on 10th February 2019 published the amendments to the Executive Regulations on Income Law MD 30/2012.

The Gulf Cooperation Council (GCC), comprising Oman, Bahrain, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates

The Secretariat General for Taxation in Oman recently declared withholding tax to be applicable on all payments for services made to foreign persons without permanent establishments in Oman ...

In February 2017, significant changes were implemented to the corporate tax regime in Oman.

The anticipated introduction in Oman of Value Added Tax (VAT) in 2019 under the Framework GCC VAT Agreement has created an array of issues for businesses to consider so as to ensure adequate business continuity.

Oman's latest Royal Decree introduces sweeping amendments to the Income Tax Law of 2009 and was formally published on 26 February 2017.

Understanding the authority and scope of tax assessment powers held by the Omani Tax Authority is of immense importance for both tax payers and legal professionals...

Companies supplying taxable goods or services in Oman will need to comply with the new VAT laws from April 2021.