Allo' Expat Oman - Connecting Expats in Oman
Main Homepage
Allo' Expat Oman Logo

Check our Rates
   Information Center Oman
Oman General Information
Oman Expatriates Handbook
Oman and Foreign Government
Oman General Listings
Oman Useful Tips
Oman Education & Medical
Oman Travel & Tourism Info
Oman Lifestyle & Leisure
Oman Business Matters
Oman Business
Taxation in Oman
Personal Taxation in Oman
  Sponsored Links

Check our Rates

Taxation in Oman


As of 1 January 2010, a flat tax rate of 12% applies to all businesses in Oman, including branches and permanent establishments (PEs) of foreign companies. Branches and PEs were previously subject to progressive tax rates between 5% to 30%.

Income from the sale of petroleum remains subject to a special provisional rate of 55%.

Corporate Taxation

Residence & Basis

Residence is not defined in Oman for corporate tax purposes. Resident companies are subject to tax on worldwide income with a foreign tax credit granted for certain taxes paid overseas. The source basis for taxation is abolished. The permanent establishment rules are extended to include the provision of consultancy and other services in Oman for 90 days or more in the aggregate within a 12 month period and also now include dependent agents.

Taxable Income

Taxable income is the gross income for the tax year after deducting the expenses or allowing any deductions or set off or any exemption under the tax law or any other law in the Sultanate of Oman.

Taxation of Dividends

Dividends received by a company from another company are not taxable.

Capital Gains

Capital gains derived from the sale of fixed assets and acquired intangible assets are taxed at the same rates as ordinary income. There is no special tax treatment of profits derived from the sale of fixed assets and acquired intangible assets.


Losses may be carried forward and set off against taxable income for 5 years; losses may not be carried back. A tax loss incurred during a tax exemption period generally may be carried forward indefinitely.

See more information on the next page... (next)




copyrights ©
2015 | Policy