Oman has published the Ministerial Decisions from the Tax Authority for the implementation of the VAT regime introduced by Royal Decree No. 121/2020, which was published on 18 October 2020 and enters into force on 16 April 2021. The Decisions, which are effective from 11 January 2021, are summarized as follows:

Decision 1/2021 sets the VAT registration thresholds as follows:

• Annual supplies …