Royal Decree

Royal Decree 121/2020 Promulgating the Value Added Tax Law

2020/121 121/2020


We, Haitham bin Tarik, the Sultan of Oman

after perusal of the Basic Statute of the State,

and Royal Decree 67/2003 Applying the Unified Customs Law of the Cooperation Council for the Arab States of the Gulf,

and after presentation to Majlis Oman,

and in pursuance of public interest,

have decreed as follows

Article I

The attached Value Added Tax Law shall apply.

Article II

The Chairman of the Tax Authority shall issue the executive regulation of the attached law within a period not exceeding 6 (six) months from the date of its entry into force, and he shall also issue the decisions necessary for implementing its provisions.

Article III

All that is contrary to the attached law, or in conflict with its provisions, is hereby repealed.

Article IV

This decree shall be published in the Official Gazette, and comes into force after 180 (one hundred and eighty) days from the date of its publication.

Issued on: 24 Safar 1442
Corresponding to: 12 October 2020

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1362 issued on 18 October 2020.

You do not have a valid subscription to view this content, please view our pricing page to subscribe or login if you already have a new paid account.