Taxation in Oman is the responsibility of the Ministry of Finance (MoF) and the Secretariat General for Taxation. The framework is mainly governed by the following laws:
Taxation in Oman is the responsibility of the Ministry of Finance (MoF) and the Secretariat General for Taxation. The framework is mainly governed by the following laws:
Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth across markets. This demand for technical specialists is often most concentrated in the sectors that are vital to economic advancement, including infrastructure, oil and gas...
The education sector has been expanding fast, thanks to population growth, economic development and the policy of Omanisation, which seeks to reduce the country’s dependence on foreign workers, technicians and managers. Despite a temporary slowdown caused by the oil price slump of 2014-16, education is set for further expansion, creating new...
While recent years have seen steady growth in arrival numbers from Europe, Asia, North America and Oceania, Oman’s principle source market remains much closer to home. According to a report released in February 2018 by Colliers International, the Middle East has historically provided over half of arrivals to the sultanate, accounting for 58%...
Muscat’s bustling new international airport, which opened in March 2018, not only boasts a greater number of terminal concourses, boutique shops and restaurants, but also enhanced visitor-processing facilities. More spacious entry halls and new queuing systems have been built, and rows of e-gates supplement the normal passport control stations...
Countries and regions across the world have long understood the potential of the MICE segment as a vehicle to drive high-value tourism and economic development. In recent decades this has led to significant investment, with nations working to position themselves as centres for the industry, both regionally and globally, aided by greater air...
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