Home | Insights | No income tax on expats, says Oman official

No income tax on expats, says Oman official

June 13, 2016

Oman has no plans to impose income tax on expats, an official has reportedly claimed.

Salem Al Saadi, an advisor at the Ministry of Manpower, was quoted as telling the Times of Oman that the sultanate “does not encourage such a tax”.

It followed reports that Saudi Arabia was planning to introduce income tax on expats and citizens, as part of the kingdom’s economic development plans contained in its recently published Vision 2030.

Saudi’s economy minister later insisted that officials had yet to make a decision on the proposal, but it prompted concern elsewhere across the GCC.

Source

Need guidance on UAE corporate structure?

Our advisors are available to discuss your specific requirements across mainland and free zone jurisdictions.

Contact Us