If you run a business in Oman, you already know how things can pile up. One day it’s a supplier call, the next it’s invoices or new rules from the

If you own or manage a business in Oman, you cannot ignore VAT registration or delay it; it’s something important and urgent that you need to deal with right away.

Value Added Tax (VAT) was introduced in Oman on April 16, 2021, as a form of economic diversification following by the Gulf Cooperation Council (GCC) VAT scheme. VAT registration is

VAT registration is not only a requirement as demanded by the law, however, it is also a chance of businesses to streamline their taxation procedures. Such voluntary registration may be

Vision 2040’s economic diversification efforts received a boost when Oman rolled out its VAT in April 2021, under Royal Decree No. 121/2020. Apart from complying with VAT, financial audits are