Aqid ERPMeaning
The Social Protection Fund (صندوق الحماية الاجتماعية) runs Oman's social insurance under the Social Protection Law, Royal Decree 52/2023. For an Omani employee: old age, disability and death at 7.5% from the employee and 11% from the employer on the wage up to OMR 3,000 a month; work injury at 1% and maternity at 1% from the employer; job security at 0.5% each; and a sick-leave branch at 1% from the employer, whose start date the SPF's own pages do not settle.
For an expatriate the employer pays 1% for maternity and the employee nothing. A month's contributions are paid within the first fifteen days of the next month.
Also called: Social Protection Fund · Oman social insurance · SPF contributions
Example
An Omani accountant at Ruwi Trading LLC earns OMR 1,000.000. The SPF takes OMR 80.000 from the employee and OMR 135.000 from the employer, OMR 145.000 once the sick-leave branch applies, paid by the 15th of the next month.