05.27.22
Plan to introduce e-invoicing systems
Oman introduced VAT in April 2021 as part of the GCC Common VAT Agreement, with a standard VAT rate of 5%.
Recently, Oman Tax Authority expressed its interest in introducing e-invoicing in a gradual phase, opening it up to VAT taxpayers on a voluntary basis initially, and subsequently on a compulsory basis. It is unclear when the e-invoicing system will be implemented, but we can expect it to be implemented during 2023.
Compliance is complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?
Browse Oman updates
Plan to introduce e-invoicing systems
- Mandate information
Introduction of VAT
- Other
Introduction of VAT
- VAT/G(S)ST rate information
VAT Executive Regulations published
- VAT/G(S)ST rate information
Schedule a free consultation
Let us show you how we can support your business to send 100% compliant e-invoices in 54 countries. Please provide your details and one of our team will be in touch.