Taxation in Oman is new phenomenon hence everybody and nobody can claim to be expert in Omani taxation. We are witnessing as the taxation regime in Oman evolves.
Corporate Income Tax
Corporate Income Tax is applied at flat 15% rate without any basic exemption limit and is applicable to all companies.
Personal Income Tax
Personal Income Law has been pronounced recently though it will be applicable w.e.f. 01 January 2028
Witholding Tax
Any outward remittance of for the specified services attracts 10%. withholding tax that needs to be deducted and paid to Oman Tax Authority.
Excise Tax
This is special tax levied on liquor, cigarettes, cigars, energy drinks where the rate varies from 50% to 100%. It is payable at the time of import itself.