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Oman’s streamlined tax regime attracts global investors
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Oman’s streamlined tax regime attracts global investors
Muscat: According to recent figures, medium-sized companies in Oman spend just 68 hours a year, roughly 5 to 6 hours monthly, to prepare, file, and pay taxes. This is dramatically lower than both the MENA regional average of over 200 hours and the global average of 234 hours, underscoring Oman’s progress in reducing administrative burdens on businesses. A key driver of this efficiency is the Sultanate’s commitment to digitization. Since March 20…
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