GCC Finance Intelligence — UAE · Saudi Arabia · Qatar · Kuwait · Bahrain · Oman Updated July 25, 2026

Oman

Finance and regulation in Oman

Capital: Muscat
Currency: OMR
Standard VAT: 5%
Corporate tax: 15%

Latest updates

Tax·July 13, 2026

Oman applies the Gulf’s joint-lowest VAT rate alongside a 15 per cent corporate tax

Everything you need to live and work in Oman — jobs, salaries, visas, labour law and tax. Capital: Muscat. Open in Elementor to design this country page.

Guides for this country

What records a VAT-registered business needs to keep

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Finance and regulation in Oman

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Oman applies the Gulf’s joint-lowest VAT rate alongside a 15 per cent corporate tax

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