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.