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3.1. Corporate Tax Residence

Effective 21 September 2020, a new definition of tax residency is introduced in Oman. Under the definition, a legal person is a tax resident in Oman if it is established in Oman in accordance with the Omani laws or the head office or headquarters of the legal person is established in Oman.

An Omani company must be held for at least 30% by Omani nationals, although waivers allowing higher foreign participation may apply, whether under domestic law or pursuant to international agreements.