Muscat: Oman’s Tax Authority (TA) has announced the commencement of registration for the Value-Added Tax (VAT) from today [February 1, 2021].
In a statement online in February 2021, the government body wrote: “Tax Authority announces the start of VAT Registration from 1st February 2021 until 15th March 2021 for taxable persons with annual supplies exceeding or expected to exceed RO1mn.”
The voluntary registration will also be available for taxable persons with annual supplies or expenses exceeding or expected to exceed RO19,250.
Also Read: How Is VAT Expected To Affect People And Businesses In Oman?
The registration must be made through TA’s Online Portal: https://www.taxoman.gov.om.
In addition, TA advises taxable persons to register within the preset deadlines to avoid any penalties levied on late registration.
Furthermore, taxable persons may find more information around registration, registration procedures and other VAT details on the guides published on TA’s website.
For more information on VAT registration, click here.
