Aqid ERPThe Tax Authority's return layout
Supplies at 5 %, zero-rated and exempt, exports, the reverse charge on services from abroad, imports with VAT deferred to the return, and your adjustments, in the boxes the form asks for.
VAT 5 %
A Tax Authority return you can trace line by line
Aqid ERP fills Oman's VAT return from the ledger as you work. Open any box and see the invoices and bills behind it.
Start now for free No credit card needed — invoice in minutes
What you get
Every figure explained
Each box opens to the documents that make it up, so an auditor's query is answered in a click.
Three-decimal rials
Every amount in baisa, at three decimals across the return.
Locked periods
Close a period once filed; later changes post to the next one and leave the filed return as it was.
Withholding tax beside it
Payments to foreign suppliers for royalties, services, management fees and software carry 10 % withholding tax by category, from a dated table.
Questions
Does Aqid ERP file my VAT return?
Not yet. It gives you the figures in the portal's boxes, with the documents behind them; you enter them on the portal.
Can I correct a filed period?
A filed period is locked. A correction posts to the open period and is shown as an adjustment, so the filed return stays as submitted.
What about withholding tax?
Oman withholds 10 % on certain payments to foreign persons. Aqid ERP records it on the bill by category; you file the monthly return with the Tax Authority.