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Royal Decree 121/2020 Promulgating The Value Added Tax Law

The royal decree promulgates the Value Added Tax Law for Oman. It was issued by Sultan Haitham bin Tarik and will come into force 180 days after its publication in the Official Gazette. The Chairman of the Tax Authority will issue an executive regulation and necessary decisions to implement the law within 6 months of it entering into force. Any existing laws or provisions that conflict with this new Value Added Tax Law will be repealed.

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Panruti S Sathiyavendhan
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89 views2 pages

Royal Decree 121/2020 Promulgating The Value Added Tax Law

The royal decree promulgates the Value Added Tax Law for Oman. It was issued by Sultan Haitham bin Tarik and will come into force 180 days after its publication in the Official Gazette. The Chairman of the Tax Authority will issue an executive regulation and necessary decisions to implement the law within 6 months of it entering into force. Any existing laws or provisions that conflict with this new Value Added Tax Law will be repealed.

Uploaded by

Panruti S Sathiyavendhan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Note: This is a translated version of the royal decree.

In case of discrepancy between the Arabic original and English translation, the Arabic text prevails.

Royal Decree 121/2020  


Promulgating the Value Added Tax Law 

We, Haitham bin Tarik, the Sultan of Oman 

after perusal of the Basic Statute of the State, 

and  Royal  Decree  67/2003  Applying  the  Unified  Customs  Law  of  the  Cooperation  Council  for  the 
Arab States of the Gulf, 

and after presentation to the Council of Oman, 

and in pursuance of public interest, 

have decreed as follows 

Article I 

The attached Value Added Tax Law shall apply. 

Article II 

The  Chairman  of the Tax Authority shall issue the executive regulation of the attached law within a 


period  not  exceeding  6  (six)  months  from  the  date  of  its entry into force, and he shall also issue the 
decisions necessary for implementing its provisions. 

Article III 

All that is contrary to the attached law, or in conflict with its provisions, is hereby repealed. 

Article IV 

This  decree  shall  be  published  in  the  Official  Gazette,  and  comes into force after 180 (one hundred 
and eighty) days from the date of its publication. 

Issued on: 24 Safar 1442 


Corresponding to: 12 October 2020 

Haitham bin Tarik 


Sultan of Oman 

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Note: This is a translated version of the royal decree. In case of discrepancy between the Arabic original and English translation, the Arabic text prevails.

[The attachments to this royal decree are currently not available in English] 

2 

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