Income tax (Oman)

Oman's tax on company profits: 15%, or 3% for small enterprises that meet every condition, filed once a year.

In Arabic: ضريبة الدخل (عُمان)

Meaning

Oman's Income Tax Law charges establishments and commercial companies 15% of net taxable income. A small enterprise pays 3% when it meets every condition: registered capital of no more than OMR 60,000, gross income for the year of no more than OMR 150,000, no more than 25 workers, and an activity that is not professional.

The annual return is filed, and the tax paid, within four months of the year's end at 15% and within three months at 3%. Late payment adds 1% a month; late filing can bring a fine of OMR 100 to OMR 2,000. Multinational groups have a separate top-up tax under Royal Decree 70/2024.

Also called: Oman corporate income tax · corporate tax Oman · 3% SME rate Oman

Example

Ruwi Trading LLC has OMR 20,000 of capital, OMR 140,000.000 of gross income, 12 workers and OMR 30,000.000 of taxable income. At 3% it owes OMR 900.000, by 31 March; failing one condition, it would owe OMR 4,500.000 at 15%.

Where it is used

In Aqid ERP: Accounting & reports Source: Oman Tax Authority: Income tax FAQs

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

Aqid ERP for Oman Prices in Oman Excise tax in Oman: the goods, the rates, the quarterly return and tax stamps Corporate income tax in Oman: the 15% rate, the 3% rate for small businesses, and the deadlines Filing the Oman VAT return: the periods, what goes in each box, the deadline and the penalties

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