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Oman Tax System Overview
Oman’s tax framework, managed by the Secretariat General for Taxation (SGT), offers one of the most business-friendly regimes in the Gulf. Key features include:
- No personal income taxation
- Competitive corporate tax rates
- Over 30 double taxation treaties
For expert guidance, consider professional tax services in Oman.
Corporate Income Tax Structure
Standard Rates
15% flat rate on taxable profits for most businesses
Small Business Benefits
3% rate for qualifying Omani-owned entities:
- Capital ≤ OMR 50,000
- Revenue ≤ OMR 100,000
- ≤15 employees
Excise Duty Regulations
- 100% on tobacco & energy drinks
- 50% on carbonated beverages
Withholding Tax Mechanism
10% applied to:
- Royalty payments
- International service fees
- Management charges
Tax Exemptions & Incentives
Current exemptions limited to:
- Manufacturing activities
- Industrial projects
Compliance Essentials
Mandatory Requirements
- Tax card registration
- Annual return filings
- 14-day withholding tax remittance
For full compliance support, visit our taxation services page.
Frequently Asked Questions
Do foreigners pay income tax?
No personal income tax for residents or expatriates.
Are capital gains taxed?
Oman has no capital gains taxation.
VAT implementation status?
Not currently applied in Oman.
