Voluntary VAT registration

The situation

Voluntary registration is possible when supplies or expenses exceed OMR 19,250.

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

Voluntary registration lets you recover input VAT on costs, which helps businesses with large start up costs or B2B customers who can reclaim VAT. You then must file quarterly returns.

What to do

1. Check supplies or expenses above OMR 19,250.
2. Weigh input VAT recovery against filing work.
3. Apply on TMS.
4. Set up quarterly filing.

Related

• Mandatory VAT threshold
• Non-resident sellers and VAT
• Group of companies and registration
• Displaying the VAT certificate
• Documents for VAT registration
• Exempt supplies and registration