Oman American Business Center and Ernst & Young Help Businesses Get VAT Ready

Press release

Published September 4th, 2018 - 08:52 GMT

OABC and EY are working with companies throughout Oman to help them with this transition.

The Oman American Business Center (OABC) in collaboration with Ernst and Young (EY) will be hosting a Value Added Tax (VAT) Seminar to discuss the changes in the tax law and help prepare companies to be VAT-ready. To be held on September 10^th at the InterContinental Hotel in Muscat, the session is open to the public including residents, business people and SME owners. The seminar will provide attendees with helpful insight, information and answers to key questions.

With the tax projected to be put into effect in the near future in the Sultanate, OABC and EY are working with companies throughout Oman to help them with this transition. The seminar will prepare participants to better understand how the new tax will impact multiple business functions within organizations, the importance of starting preparations early, and how they can make provisions for the change. The seminar cost is 50 OMR for members of the public and complimentary for members of the OABC. To register for the session, please visit www.oabc.org/events .

Background Information

Oman American Business Center

The Oman American Business Center (OABC) was founded in 2003 to foster the development of commercial activity between Oman and the United States, and to support the Oman business community through programs and events focused on professional development, thought leadership, and high-level networking.

As the official affiliate of the US Chamber of Commerce in Oman (AmCham Oman), the OABC promotes understanding, partnerships & other matters of mutual economic interest between business communities in Oman and the United States. The focal endeavor of the OABC is to provide a forum for the exchange of insights, information, ideas and direction with respect to increasing trade, commerce and investment between the two countries.