The Stage aims to bring insightful sessions in the future for the benefit of Oman's JSRS Certified Supplier and the international business community.
businessgateways invited JSRS Community and other organizations to attend The Stage webinar on Oman VAT Law, which was held on 11 November 2020.
The webinar focused on the upcoming VAT Law in Oman, which is proposed to be implemented in April 2021. The session provided insights on various crucial topics related to the law such as:
- Who must register for VAT?
- The impact on transactions with other GCC countries
- VAT Principles and Obligations
- Who is liable for the payment of VAT, zero-ratings, and exemptions under the law?
- How to prepare for the introduction of the new tax.
- The implementation of VAT in your business
Read More about the Event
About Value Added Tax in Oman
The Value Added Tax (VAT) is an indirect tax levied on the consumption of goods and services. Oman plans to implement VAT which will be enforced in April 2021. VAT's introduction in Oman will mark a paradigm shift in the country's business environment, which is not used to such consumption taxes.
Click here to read more about VAT and its impact on Oman
The Stage, driven by businessgateways
The Stage is an initiative by businessgateways that brings together the JSRS community on a common online knowledge-sharing platform!
businessgateways is an ITES company, developing and implementing national-level platforms for ministerial and governmental stakeholders in the Sultanate of Oman.