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The Sultanate of Oman has issued a regulation to amend the Executive Regulation of the Value Added Tax Law, including the approval of issuing electronic, secure, and certified tax invoices. This will take effect starting April 2027 for companies with annual sales exceeding 5 million Omani rials, and in October 2027 for other companies. The new system aims to enhance tax compliance, increase transparency, and improve procedural efficiency by issuing invoices in XML format, which allows for quick and secure electronic verification, while phasing out paper invoices and PDF formats. Additionally, the system will be pilot-tested with 100 companies before its mandatory implementation to ensure readiness and to support Oman Vision 2040 in digitization and improving government services.
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