A Brief on VAT- Challenging journey simplified with us!

Oman Value Added Tax (VAT)- A Brief. Challenging Journey Simplified With us!      Please click the link https://drive.google.com/file/d/1pTh7hpTTOvSgxr3qjYVUvK5jn7gaVfo0/view?usp=sharing

go to article

Value Added Tax to implement from April 2021

His Majesty, Sultan Haitham Bin Tariq, approved Royal Decree No.121/2020 on 12 October 2020 for implementing much awaited Value Added Tax (‘VAT’) in Oman Relevant developments in brief: In accordance with GCC Unified VAT Agreement and after the introduction of VAT in the Kingdom of Saudi Arabia, United Arab Emirates (both in 2018) and Kingdom […]

go to article

Cent Percentage Foreign Ownership Now Made Possible in Most Omani Businesses

With the introduction of the new Foreign Capital Investment Law (FCIL), Hundred percent foreign ownership of Omani companies is now a reality. This law enabling 100 percent foreign ownership in most of the companies set up in Oman came into force in the Sultanate on January 7, 2020. However, there is an exception of a […]

go to article

The Impact of COVID-19 On The Global Economy

The coronavirus outbreak, which originated in China has affected 196 countries and territories around the world as of March 25, 2020. The disease causes respiratory illness (like the flu) with symptoms such as a cough, fever, and in more severe cases, difficulty breathing. COVID-19 infection begins with a 2-14 day incubation period before symptoms arise […]

go to article