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businessgateways spotlights Oman's procurement & investment opportunities


businessgateways spotlights Oman’s procurement & investment opportunities
By: Times News Service
Muscat: businessgateways recently launched an exciting webinar series - Connecting the international community to Oman’s Procurement &Investment Opportunities- intended to help Omani MSMEs and Large businesses connect with a global audience of investors.
Regarded as one of the Sultanate’s most dynamic IT companies, businessgateways is an IT organisation enabling and implementing nationwide technology-driven platforms of strategic importance for governmental stakeholders.
The webinar series is hosted on an online knowledge-sharing platform, The Stage, an initiative of businessgateways. Through these webinar-based presentations, stakeholders, suppliers, operators and embassies engage, discuss and share information on business prospects, with emphasis on showcasing procurement and investment opportunities in Oman to select international markets. ....

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Further clarity awaited on VAT for Oman's oil and gas industry | Hellenic Shipping News Worldwide


Further clarity awaited on VAT for Oman’s oil and gas industry
Oil & Gas activities will be zero-rated for Value Added Tax (VAT) only for the upstream and midstream segments of Oman’s hydrocarbon business a key source of revenue for Omani economy.
According to tax experts of leading multinational professional services network PwC, downstream elements of the business encompassing refining and petrochemicals are likely to be standard rated at five per cent VAT, going by the Executive Regulations issued by the Tax Authority recently.
The tax experts however hastened to stress that further clarity on the applicability of VAT for the Oil & Gas industry when sector-specific tax guides are issued by the Tax Authority ahead of the formal implementation of VAT starting from April 16, 2021. ....

Pwc Energy , Tax Authority , Oil Gas , Ministry Of Energy , Value Added Tax , Executive Regulations , Resources Series , Joint Supplier Registration System , Production Sharing Agreements , Woman Daily , பவ்க் ஆற்றல் , வரி அதிகாரம் , எண்ணெய் வாயு , அமைச்சகம் ஆஃப் ஆற்றல் , மதிப்பு வரி , நிர்வாகி ஒழுங்குமுறைகள் , வளங்கள் தொடர் , கூட்டு சப்ளையர் பதிவு அமைப்பு , ஓமான் தினசரி ,