31 January 2018
Oman has recently announced that it will delay the introduction of Value Added Tax (VAT) in the country until at least 2019.
Oman is part of the six-country Gulf Cooperation Council (“GCC”) and all of these countries had agreed to implement a harmonised VAT regime of 5% by 2018. The GCC countries consist of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman.
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