TaxOmani legal materials catalogue · Page 4 / 12
Browse laws, regulations and official guidance by title, subject and document number.
Explains terrorist-financing concepts and stages, the NCFI's role, reporting entities, red flags, high-risk jurisdictions, electronic reporting and sanctions, with emphasis on timely terrorist-financing STRs.
The circular accompanying the new Banking Law confirms the transition rule for earlier CBO instruments.
The circular and annex establish CBO requirements on banks' climate-risk governance, strategy, disclosure and integrity of environmental claims.
Consolidates CBO rules on personal loans and finance, including scope, ceilings, tenor, debt burden, cards, overdrafts, risk and reporting.
The official CBO record identifies its Business Continuity Management Framework for financial institutions.
The official CBO record identifies guidelines for prepaid-card issuance by banks.
The official CBO directory identifies a code of conduct and business ethics for banks and financial institutions.
Mandatory sector AML/CFT instructions for capital-market institutions, replacing Decision E/4/2020.
Mandatory sector AML/CFT instructions for insurance and takaful companies, brokers and agents, replacing Decision E/3/2020.
Practical financial-sector guidance on risk-based AML/CFT controls and the application of sector duties.
Explains the sequence for identifying a natural person through ownership, control and, where necessary, senior management.
The decision amends the insurance executive regime and introduces risk-factor-based solvency calculation.
Standardises loan-linked life insurance in the relationship among borrower, lender and insurer.
Clarifies when the new nomination form applies to boards of public joint-stock companies.
The official Customs portal section explains the place of clearance and implementation materials within the Unified GCC Customs Law framework and provides an access point to the relevant sources.
Sets 90 days for sea or land arrivals, 45 days for air cargo and 60 days for abandoned or unclaimed goods, after which the statutory sale rules apply.
The official 2026 tariff reference is the starting point for identifying an HS code, rate, restrictions and related measures for imported or exported goods.
The guide organises operations at first entry points and the practical handling of goods within the GCC common customs space.
Before a transaction, an importer, exporter or clearing company may request a ruling binding on customs offices for classification or origin; the official overview also discusses customs valuation.
Through the Bayan valuation module, an importer may submit the HS code, country of origin, CIF value and supporting material before import for advance review of customs value.
The official process requires Bayan registration, creation and submission of a declaration and payment, supported by the commercial invoice, manufacturer-country certificate and required permits.
The current Customs page describes the GCC programme as providing certified operators with procedural, security, financial and cross-agency benefits while supporting the security of international supply chains.
The principal statute governing market entry by insurers, licensed insurance classes, financial safeguards, reporting, supervision, portfolio transfers, restructuring and cessation of insurance business.
Recast insurance classes around general, health, and life and savings insurance, expressly included reinsurance, and added provisions on health insurance and regulatory powers.
Details licensing documents, deposits, technical provisions, assets, solvency, accounting, reporting and supervisory procedures for insurance companies.
Amends the Executive Regulation by introducing minimum-capital and solvency-margin calculations reflecting insurance, market, credit and operational risk.
Creates a standalone Islamic-insurance regime covering operator licensing, participant and shareholder funds, Sharia supervision, contribution and surplus management, retakaful, disclosure and supervision.
Separated family, general and health takaful, required a licence for each branch and clarified the FSA's power to require actuarial assessment of general and health takaful.
Details applications and business plans, capital and licensing, Sharia governance, fund segregation, operating model, investment, provisions, actuarial function, surplus and qard hasan, reporting and supervision.
Added a distinct health-takaful branch and fund, and refined licensing forecasts, deficit management, asset and liability segregation, actuarial control, solvency, fees and reporting.
Regulates insurance sales and servicing through websites, applications and smart systems, including prior approval, platform governance, customer disclosure, payments, cyber security, data, record keeping and contractors.
Requires FSA approval for products, a bilingual insurer-bank agreement, permitted channels and product classes, staffing and call-centre controls, disclosure, complaints, quality assurance, risk retention, sanctions and fees.
Organises registration and information exchange through the Dhamani platform among insurers, claims administrators, healthcare providers and revenue-cycle managers, including security, operations and fees.
Regulates licensing for insurers sharing a health risk, allocation of cover and premium, the participant agreement, joint bank account, claims funding, reporting, sanctions and fees.
Regulates preparation, submission, tracking and processing of a healthcare provider's claims to an insurer, including licensing, qualifications, contracts, functions, reporting, confidentiality, inspection and sanctions.
Sets investment policy, eligible assets, diversification and concentration limits, valuation, liability matching, risk management, custody and reporting for insurers and takaful companies.
Creates an approval regime for actuarial offices covering legal form, experience, actuary qualifications, register, independence, client limits, duties, reports, inspection, sanctions and fees.
Updates the mandatory policy model, including the definitions of driver and completion date of an accident file, together with related duties and timelines for registering and handling a claim.
A standalone amending instrument to the Income Tax Law included by the Tax Authority in its official collection of current and historical income-tax materials.
An amending instrument to the Income Tax Law published in the Tax Authority's official legislation collection.
An archived statute governing company income taxation that the Oman Tax Authority retains in its official collection of previous laws. The record supports research into historic tax periods and the development of the current regime.
An early archived statute on profit tax for establishments, retained by the Tax Authority in its official collection of previous tax legislation.
This historical instrument set rules and procedures for collecting taxes, fees and other amounts due to units of the state administrative apparatus. It was repealed by Royal Decree 77/2025 with effect from 15 September 2025.
The decision amends rules on registration and tax cards, withholding tax, deductions and donations, the industrial exemption, electronic filing and service, inspections, the small-enterprise regime, and reporting forms.
Amends selected rules on the place of telecommunications services, financial services, electronic and simplified invoices and specified VAT refunds.
Adds to the VAT Executive Regulation a schedule of additional cases in which paid VAT may be refunded and the controls for those refunds.
A later amending instrument to the VAT Executive Regulation published in the Tax Authority's official VAT Law & Regulations collection.
Sets the phased mandatory VAT-registration calendar for taxpayer categories at the launch of the regime.
Sets the mandatory VAT-registration threshold at OMR 38,500 and the voluntary-registration threshold at OMR 19,250.
This is an amending rather than replacement instrument. It adds 25 entries, numbered 489–513, to the schedule of Decision 65/2021, covering specified barley, maize, soybeans, straw, feed materials, fish meal, bran, oil-extraction residues and animal-feed preparations.
The regulation details registration and deregistration, tax warehouses, the tax point, suspension and exemption, movements and guarantees, returns and records, payment, collection, refunds, objections, and administrative penalties.
A Tax Authority decision addressing the inclusion and classification of sweetened beverages under the excise-tax regime.
Determines excise-goods categories, values and rates under the Excise Tax Law. Decision 192/2026 added a targeted exclusion for eight tariff headings covering tobacco-cessation products and is covered in a separate record.
An official amending instrument to the Income Tax Law Executive Regulation included in the Tax Authority's current legislation collection.
A 2026 amendment to the Executive Regulation; according to the official publication, the amended provisions apply to tax years beginning on or after 1 January 2027.
Amends the VAT Executive Regulation to introduce electronic-invoicing requirements in phases, with two commencement dates in 2027.
Brings into operation from 1 July 2020 the tax-card system contemplated by Article 11(1) of the Income Tax Law and sets an OMR 10 fee for issuing a tax card.
Issues a 22-article regulation governing the Tax Grievance Committee's competence and work for income tax, excise tax and VAT. It covers registers, the 45-day filing period, three Arabic copies of the grievance, the Tax Authority response, technical review, hearings, reasoned decisions, notification, correction and recusal. The decision expressly repeals Ministerial Decision 52/2004 and conflicting provisions.
Sets the issue or renewal fee for a tax-warehouse establishment licence by reference to the bank guarantee: OMR 500 below OMR 50,000; OMR 1,000 from 50,000 to 100,000; OMR 2,000 from 100,001 to 500,000; OMR 3,000 from 500,001 to 1,000,000; and OMR 5,000 above OMR 1,000,000.
Formed the Tax Grievance Committee with five named persons. Decision 248/2021 later replaced the fifth member, and Minister of Finance Decision 143/2024 formed a new composition and repealed conflicting provisions. This record is therefore retained only for the organisational history chain.