Taxes

  • Standard corporate tax: 15%
  • Selective tax: Selective Tax Law levies tax on selected goods which include: tobacco and its derivatives; energy drinks; carbonated drinks; alcoholic beverages; and pork and its derivative products.
  • Value Added Tax (VAT): 5%
  • Income tax on individuals: none

Petroleum companies pay a 55% tax under Exploration and Production Sharing Agreements; the government covers the company’s share from production revenue.

No, Oman does not impose local or regional income taxes.