Oman

Tax residency in Oman is generally triggered by physical presence exceeding 183 days in a calendar year. Foreign income treatment: exempt. No statutory CFC rules apply, which can facilitate the use of foreign holding structures without automatic income attribution.

No personal income tax for individuals. 15% CIT for businesses. First OMR 30,000 of business income exempt.

The standard corporate income tax rate is 15%. Establishing a legal presence here involves a higher degree of administrative complexity, often requiring local legal assistance.

Banking access in Oman is attainable but may require more documentation and time than in simpler jurisdictions. Internet connectivity is generally good, with consistent broadband availability in business districts and main population centres.

Oman is a member of the Financial Action Task Force (FATF) and meets its anti-money-laundering standards. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Based on our scoring model, Oman ranks highest for High Net Worth Individual and Founder / Entrepreneur. It offers a strong proposition for high net worth individual (score: 74/100). It offers a strong proposition for founder / entrepreneur (score: 71/100).