Nexdigm Private Limited
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.
STA Law Firm
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.
On Wednesday 13 March 2019, His Majesty Sultan Qaboos issued Sultani Decree (no. 23/2019) promulgating the Selective Tax Law (Selective Tax Law).
STA Law Firm
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 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.
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 ...
The Gulf Cooperation Council (GCC), comprising Oman, Bahrain, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates
Al Tamimi & Company
In February 2017, significant changes were implemented to the corporate tax regime in Oman.
Oman's latest Royal Decree introduces sweeping amendments to the Income Tax Law of 2009 and was formally published on 26 February 2017.
Abu-Ghazaleh Intellectual Property (AGIP)