Aqid ERPOman tax and payroll glossary
The terms an Omani business meets with the Tax Authority and the Social Protection Fund, each with its meaning, a worked example in rials and the pages where it is used. In Arabic and English.
E
- End-of-service gratuity (Oman)What Oman's 2023 Labour Law owes a worker the SPF does not cover: at least a month's basic wage for each year of service.
- Excise tax (Oman)Oman's tax of 100% on tobacco, energy drinks, vaping, pork and alcohol, and 50% on soft and sweetened drinks.
F
- Fawtara (Oman e-invoicing)The Tax Authority's e-invoicing system: a pilot from August 2026, taxpayers above OMR 5 million from 1 April 2027, the rest from 1 October 2027.
I
- Income tax (Oman)Oman's tax on company profits: 15%, or 3% for small enterprises that meet every condition, filed once a year.
S
- SPF (Social Protection Fund, Oman)Oman's social insurance since 2024: pension, work injury and job security for Omanis, maternity for every employee.
T
- Tax Authority (Oman)Oman's tax administration: VAT, income tax, withholding tax and excise, filed and paid on its portal, tms.taxoman.gov.om.
- Tax invoice (Oman)The invoice a VAT-registered supplier in Oman issues: titled "Tax Invoice", numbered in sequence, within 15 days of the supply.
V
- VAT (Oman)Oman's 5% VAT since 16 April 2021: registration above OMR 38,500, a return every quarter within 30 days.
W
- Withholding tax (Oman)Oman's 10% tax held back from certain payments to non-residents and paid to the Tax Authority by the 14th of the next month.
Aqid ERP in Oman
Set up for Oman's rules from the first day.
- Plans from 8.1 ر.ع. a month
- VAT 5 %
- Tax Authority return
- SPF