Oman

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Taxation in Oman is the responsibility of the Ministry of Finance (MoF) and the Secretariat General for Taxation. The framework is mainly governed by the following laws:

 

The introduction of the mandatory health insurance law in March 2019 is expected to have major effects on care provision in Oman. New regulations now require private sector employers to provide coverage for their expatriate staff, as well as for their spouses and children. This comes as the government takes prudent steps to tighten its budget...

 

Rising health care costs, ageing populations and changing lifestyles in emerging economies are stoking demand for medical technology (medtech) solutions. These entail not just smart devices that remotely monitor and transmit biometric data, but any instance of technology that helps to deliver health services. These initiatives are happening...

 

As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018” report, in 2017 some 258m people resided in a country other than the one they were born in, and over 5m foreign-born persons were permanently settled in OECD...

 

Blessed with scenic wadis (valleys), natural caves, islands, beaches and mountain ranges, and known for its ancient culture and hospitality, Oman has a lot to offer tourists. Its expanding economy and reputation for stability also draws visitors for meetings, incentives, conferences and exhibitions (MICE) from the region and beyond. The...

 

Oman’s government continues to prioritise education as part of its broader plans to modernise the economy and provide jobs for its growing population. In recent years the focus at the primary, secondary and tertiary levels has been on innovation, as well as greater regulation and oversight of education quality. As it pushes for greater...

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