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.

In Arabic: الضريبة المستقطعة (عُمان)

Meaning

A payment to a non-resident for royalties, research and development, the use of computer software, management fees or services, dividends or interest carries Omani withholding tax of 10% of the gross amount. The payer holds it back and pays it to the Tax Authority by the 14th day after the end of the month in which it paid or credited the amount.

A tax treaty between Oman and the recipient's country can lower the rate, if the conditions are met and documented. The payer is liable for tax it should have withheld and did not.

Also called: Oman WHT · withholding tax on non-residents Oman

Example

Ruwi Trading LLC pays a consultant in London OMR 10,000.000 of management fees in October. It withholds 10%, OMR 1,000.000, pays the consultant OMR 9,000.000 and pays the OMR 1,000.000 to the Tax Authority by 14 November.

Where it is used

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

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

Your first compliant invoice is minutes away

Start now for free No credit card needed — invoice in minutes