TaxSavvyOM

Group of companies and registration

We have two Oman companies. Does each register?

The situation

Each taxable person tests the threshold and registers; group arrangements follow the law's rules.

The law

  • VAT Law, Royal Decree 121/2020: 5 percent VAT; mandatory registration above OMR 38,500, voluntary above OMR 19,250; quarterly returns due 30 days after the quarter

What it means for you

Check whether each company crosses OMR 38,500 and whether VAT grouping is available for your structure. Splitting a business to stay under the threshold can be challenged.

What to do

  1. Test each company.
  2. Ask about group registration.
  3. Avoid artificial splits.
  4. Register as needed.

We can do this for youVAT registration (mandatory, voluntary and non-resident): OMR 120

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