Global Daily Tax News, Oman Offering Tax Breaks For Listing On Muscat Stock Exchange, (Nov 7, 2025)

Oman's Tax Authority has confirmed various tax incentive measures will be offered to companies listing on the local bourse.

The tax agency has confirmed, in a post on the tax agency's Facebook page on November 2, that the nation will offer a Capital ...

Oman's Tax Authority has confirmed various tax incentive measures will be offered to companies listing on the local bourse.

The tax agency has confirmed, in a post on the tax agency's Facebook page on November 2, that the nation will offer a Capital Market Incentive Program, as part of Oman Vision 2040.

Three different tax incentive offerings will be offered to companies:

Those establishing or converting companies into public joint-stock companies, aimed at those with a market value of not less than OMR10m ("Path One"), will benefit from:

A refund of two-thirds of corporate income tax, resulting in a five percent tax rate; and
Exemption from additional tax arising from the instalment of income tax, provided that the instalment period does not exceed six months from the tax due date.

Those companies listing on the Promising Companies Market, aimed at those with a market value of not less than OMR500,000 ("Path Two"), will benefit from:

A refund of two-thirds of the corporate income tax, resulting in a five percent tax rate; and
Exemption from additional tax arising from the instalment of income tax, provided that the instalment period does not exceed six months from the tax due date.

Finally, those converting limited liability companies into closed joint-stock companies, aimed at those with a market value of not less than OMR500,000 ("Path Three"), will benefit from:

A refund of one-third of the corporate income tax, resulting in a 10 percent tax rate;
Exemption from additional charges resulting from income tax instalment plans, provided that the instalment period does not exceed six months from the tax due date; and
The ability to pay income tax in instalments, and exemption from additional tax from instalments for a period not exceeding six months from the tax due date, for a period of two years from conversion.

Global Daily Tax News, Oman Offering Tax Breaks For Listing On Muscat Stock Exchange, (Nov 7, 2025)

Oman's Tax Authority has confirmed various tax incentive measures will be offered to companies listing on the local bourse.

The tax agency has confirmed, in a post on the tax agency's Facebook page on November 2, that the nation will offer a Capital ...

Oman's Tax Authority has confirmed various tax incentive measures will be offered to companies listing on the local bourse.

The tax agency has confirmed, in a post on the tax agency's Facebook page on November 2, that the nation will offer a Capital Market Incentive Program, as part of Oman Vision 2040.

Three different tax incentive offerings will be offered to companies:

Those establishing or converting companies into public joint-stock companies, aimed at those with a market value of not less than OMR10m ("Path One"), will benefit from:

A refund of two-thirds of corporate income tax, resulting in a five percent tax rate; and
Exemption from additional tax arising from the instalment of income tax, provided that the instalment period does not exceed six months from the tax due date.

Those companies listing on the Promising Companies Market, aimed at those with a market value of not less than OMR500,000 ("Path Two"), will benefit from:

A refund of two-thirds of the corporate income tax, resulting in a five percent tax rate; and
Exemption from additional tax arising from the instalment of income tax, provided that the instalment period does not exceed six months from the tax due date.

Finally, those converting limited liability companies into closed joint-stock companies, aimed at those with a market value of not less than OMR500,000 ("Path Three"), will benefit from:

A refund of one-third of the corporate income tax, resulting in a 10 percent tax rate;
Exemption from additional charges resulting from income tax instalment plans, provided that the instalment period does not exceed six months from the tax due date; and
The ability to pay income tax in instalments, and exemption from additional tax from instalments for a period not exceeding six months from the tax due date, for a period of two years from conversion.