Muscat – March 4, 2022:

The Oman Tax Authority (OTA) released VAT Guide for Associated (Related) Persons including VAT groups in Arabic.

Guidance is provided on the formation of tax groups for VAT. Associated persons may register as a tax group for VAT purposes if the following conditions are met:

• All persons are tax resident in Oman;
• All persons are legal persons;
• All persons are registered for VAT according to the law;
• One person (the parent entity), in or outside the group, must have control over all other persons in the tax group;
• No person is a member of another tax group;
• None of the persons are registered in a special regime zone.