Author name: o0oef

VAT Consultancy Services is the need of today’s taxation landscape. Oman’s tax structure has seen a dramatic change in the last few years with the implementation of Value-Added Tax (VAT). The standard VAT rate is of 5%. The rate was introduced on April 16, 2021 and is still in effect. Similarly, this new tax regime […]

The Sultanate of Oman is a business platform for international entrepreneurs. Its strategic location contributes a lot to attracting foreign investors. The region is interested in attracting foreign investors to start their business vogue in Oman. Dive into the Perks for Foreign Investors  The Ministry of Commerce, Industry and Investment Promotion (MOCIIP) is working along

In the Shariah Index, the role of Shariah compliant investment is highlighted in the event hosted by the Muscat Stock Exchange. It also promotes the Shariah complaint investment as well as underscored the importance of Shariah complaint. Historical Foundations of Shariah Index The launch of the Shariah Index was in the year 2013, to classify companies as per the Islamic

The private enterprises played a very significant role in driving growth in the country as indicated by the statistics. It assists in increasing the economy and fostering development. In the recent report, Oman’s private sector achieved milestones and reflected innovation, growth, resilience, and commitment. Private firms are a hub of job creation, providing more employment opportunities, and boosting the economy. The landscape

Muscat Stock Exchange (MSX) observed a notable upswing in trading activity with a total of OMR36.9 Million Trading Value. Due to the surge in trading value, the activity and confidence within Oman’s financial market increased. Muscat Stock Exchange (MSX) is a platform to buy and sell securities for individuals. Similarly, stocks, financial instruments bonds, etc. MSX

Empowering Industrial zones to bolster the economy, Oman and Saudi Arabia signed a Memorandum of Understanding (MOU) within Oman. A significant milestone was achieved among the two Gulf nations to foster economic growth and diversification. The MOU was signed by the representatives of both countries for investing in Industrial zones in Oman through financial aid from Saudi Arabia.