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October 20, 2020
2020-6353

Wednesday, October 21 | Introduction of VAT in Oman what business should do to prepare (9:00 am Oman)

On 12 October 2020, His Majesty Sultan Haitham Bin Tariq issued Royal Decree No. 121/2020 to introduce the value added tax (VAT) law in Oman at the rate of 5%.

In this webcast, EY Tax Leaders will outline what businesses need to consider in light of the introduction of VAT in Oman including:

  • The application of VAT
  • Exempt and zero rated supplies
  • Registration process
  • Invoices, records and returns
  • Collection and refund of tax
  • Penalties
  • What businesses should do to prepare for implementation

A Q&A session will be included in this 90-minute webcast.

We look forward to you joining us.

Date: Wednesday, 21 October 2020

Time: 9:00 a.m. - 10:30 a.m. Oman

Registration: Register for this event.

Moderator:

  • Mitul Patel — Senior Manager, Indirect Tax, Ernst & Young LLC, Oman

Speakers:

  • Ahmed Al-Esry — EY MENA Tax Leader, Ernst & Young LLC, Oman
  • Alkesh Joshi — Oman Tax Partner and EY MENA Energy Sector Tax Leader, Ernst & Young LLC, Oman
  • David Stevens — EY MENA Indirect Tax Leader, EY Consulting LLC, Dubai
  • Lamya Al Ghafri — Assistant Manager, Indirect Tax, Ernst & Young LLC, Oman

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