We're excited to share our comprehensive analysis of Oman's new Personal Income Tax (PIT) regime, introduced via Royal Decree 56/2025 and set to take effect on January 1, 2028. This marks a significant policy shift for the Sultanate, impacting individuals and businesses alike.
Our attached PDF provides an in-depth breakdown of the Law, covering:
Should you have any questions or require specific guidance on navigating the new PIT regime, please do not hesitate to reach out.
Our attached PDF provides an in-depth breakdown of the Law, covering:
- Taxpayer Scope and Residency Rules: Understanding who is liable and under what conditions.
- Taxable Income Sources and Exemptions: A detailed look at what's in scope, including the OMR 42,000 threshold and various allowances.
- Compliance and Withholding Obligations: Critical information for employers and individuals on filing, payment, and new responsibilities.
- Key Takeaways and Practical Implications: What this means for your financial planning and operational readiness.
Should you have any questions or require specific guidance on navigating the new PIT regime, please do not hesitate to reach out.