Oman is fast rising among the Middle Eastern nations and is the most hospitable for business. Particularly for startups, SMEs, and international investors, its government has launched a set of calculated actions to appeal to the business environment. These programs are meant to streamline the process, offer financial incentives, and promote diversity and innovation by […]
Understanding Oman’s Corporate Tax Framework
Oman’s corporate tax system has changed dramatically recently to better match world best standards and keep investment appeal. Taxes have become increasingly important for national income as the Sultanate expands its economy outside of oil. Omani businesses are subject to a progressive corporate income tax system with separate slabs set depending on income, profit, and […]