What is a feasibility study?Feasibility study can be defined as a preliminary evaluation of a potential project to determine its viability and merits. It provides an independent assessment which helps…
Conducting an external audit can provide a company with several advantages. The most important of these advantages is that a third-party analysis of our organization would offer a fresh viewpoint…
Check out the registration procedures!!! On April 16, 2023, Value Added Tax (VAT) will be implemented in Oman. It will be applied to companies with a yearly revenue of OMR…
VAT Registration: One of the primary challenges that businesses face is understanding the VAT registration process and meeting the requirements for registration. This includes understanding the thresholds for registration, how…
The advantages of undertaking a business external audit are numerous. Some common benefits are listed below: 1.External Audit is useful when it comes to understanding the business:All the information regarding…
Following the registration of a company, the company must adhere to several regulations. Conducting an audit is one of these requirements that all businesses, regardless of size or industry, must…
The Tax Authority has announced the regulations and terms for income tax exemption for all businesses operating in the following the high directives of His Majesty Sultan Haitham bin Tariq…
The provisions of the VAT Executive Regulations in Oman have classified the Special Economic Zone in Duqm and the Free Zones in Salalah, Sohar, and Al Mazyunah as Special Zones.VAT…
The tax administration opened up the registration for Value Added Tax and published a guide to the registration process on how to register for VAT through an online portal. Only…
Note : The crucial measures to bring about income generation included in the plan are VAT introduction on 2021 , personal income tax for high income earners , and excise…
