TaxSavvyOM

VAT registration (mandatory, voluntary and non-resident)

We test your turnover against the OMR 38,500 and OMR 19,250 thresholds on the look back and look forward basis, prepare the application on the Tax Authority portal and set up your invoicing and first return calendar.

OMR 120One time

For: Businesses with taxable supplies above OMR 38,500 in 12 months, those above OMR 19,250 who want to register voluntarily, and non-residents supplying non-registered customers in Oman.

What we need from you

  • Monthly taxable sales for the last 11 months and current month

    Look back test

  • Expected sales for the next 11 months

    Look forward test

  • CR and tax card

    Application

  • Bank account

    Refunds

  • Authorised signatory ID

    Application

What we discuss

  • Will sales pass OMR 38,500 within 12 months?

    Mandatory

  • Are you above OMR 19,250 and buying a lot with VAT?

    Voluntary can help recover input VAT

  • Are you non-resident selling to consumers in Oman?

    Must register with no threshold

  • Do you sell zero rated or exempt items?

    Affects threshold and recovery

What we file

  • Threshold test

    Sales OMR 3,500 a month x 12 = OMR 42,000: above OMR 38,500, so register

  • Apply for VAT registration

What you get

  • VAT certificate and number

  • Return calendar

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 Source
  • VAT Law, Royal Decree 121/2020 (non-resident suppliers): Non-residents supplying non-registered customers in Oman must register with no threshold Source
  • VAT Law, Royal Decree 121/2020 (records and time limits): Keep records 10 years (15 for real estate); assessment within 5 years, 10 if registration was late Source
  • VAT Law, Royal Decree 121/2020 (penalties): Late return fine OMR 500 to 5,000; late payment 1 percent per month; wrong declaration 1 to 25 percent of the difference; evasion 300 percent Source

Questions people ask

Contact us to book

Online payment in OMR is not open yet. Send us a message and an adviser for Oman confirms the scope and the fee before any work starts.

Contact us to book

Sources