The incentives are aimed at encouraging ships flying the Omani flag, supporting the maritime transport sector and national maritime services, and stimulating investment in the maritime transport industry.
Tax to be suspended means withholding tax on service contracts provided on board ships that are registered under the Omani flag. The suspension period will continue from September 1, 2025, until August 31, 2030.
Taxpayers may benefit from the tax facilities by applying to the Tax Authority, including the data shown in Form No. (18) of Income Tax for Withholding Tax, indicating the tax due on the total amount of services provided on board a ship that is registered under the Omani flag, no later than the fourteenth (14) of the end of the month in which the amount was due to be paid or credited to the account, whichever is earlier.
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