BusinessVAT Refund Services

Gateway Oman Accounting Services in Oman is to deal with fundamental financial duties. Accounting firms in Oman takes the responsibility of keeping the records of all the transactions made within a firm.

We help to implement your accounts in a professional way

Bookkeeping services is the process of keeping records of financial transactions and preparing financial statements, like Balance Sheet and Profit & Loss A/c. With the introduction of various laws, maintaining the books of accounts has become a mandatory compliance requirement, apart from tracking the receivables and payable accounts.

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100% customer satisfied services and supports.

You can claim VAT refund when the input VAT is greater than output VAT. We are offering guaranteed VAT refund services in Oman Moreover, the Output tax is the tax imposed on sales of a business whereas the input tax is the tax collected on purchases, expenses, and imports of businesses.

Options for VAT Refund

The taxpayer has the following two options in treating the excess input VAT commonly known as VAT refund:

  • The taxpayer will be eligible to request a VAT refund
  • If he does not wish to request a refund of the excess input VAT, the excess recoverable tax will be carried forward to subsequent tax periods and can be used to offset against the payable tax and/or penalties, or he can apply for a refund later at any point in time

Implications of VAT Refund in GCC

Foreign businesses that have incurred VAT in the GCC VAT Implementing States (UAE, KSA, and Bahrain) should assess their eligibility to claim the refund. 

Where foreign businesses are eligible for a VAT refund, the refund application should be prepared along with prescribed supporting documents for submission with the tax authority of the State within a set deadline.

While tax authorities (such as KSA tax authority) has not yet provided detailed guidance on the refund mechanism, businesses should take steps to preserve their entitlement for a refund of VAT incurred during the year by way of filing a formal application within the set timeline.

How Gateway Oman can help in recovering the VAT?

When you choose Gateway Oman, you will be joining a diverse list of businesses from various sectors who have greatly benefited from our efficient services. Your information will be completely secure with us and we will help you in every step of the way.

We are covering all the subjects related to VAT. We are providing the best VAT services and helping businesses to avoid VAT fines and penalties by guiding them in the right direction. Our VAT services consists of VAT registration, VAT return filing, VAT accounting, VAT audit, VAT refund and VAT Deregistration. We have professional and highly experienced VAT specialists who ensure VAT compliance by providing best VAT refund services.

Tax legislation and tax authorities will keep evolving and this, in turn, will also change the way the taxes are being managed by the corporates. In short, tax is an area which needs to be considered before making any key business decisions to ensure the corporate remains compliant and avoids undue penalties/liabilities or loss of reputation.

We worked with reputed companies in the world

We have doing many more reputed companies in oman. We have done with them with 100% satisfied services. Further service providing summaries across the Oman are below.

Bookkeeping Services

Audit & Assurance

VAT & Tax Consulting

Business Formation & Advisory

Pricing plans

Monthly 1 Visit

Basic Plan
OMR100/ Month
  • Quarter VAT Filing
  • Bank Reconciliations
  • Monthly VAT Summary
  • Monthly Basic Reports
Monthly 2 Visit

Standard Plan
OMR135/ Month
  • All Basic Packages Included
  • Document Controlling
  • Management Reports
  • VAT & Tax Consulting
Monthly 4 Visit

Premium Plan
OMR200/ Month
  • All Standard Plan
  • Finalization & Reports
  • Monthly Payroll Services
  • Annual External Audit
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