VAT Filing

Smart PRO helps you file VAT returns and pay VAT to the government. We assists you in collecting VAT on invoices and keeping track of VAT paid on vendor

invoices in order to obtain credit.

A business must register for VAT if its taxable supplies and imports exceed the prescribed threshold limit. In case of failure of a person to apply for registration when he becomes liable to do, the authority shall register such person with effect from the date on which the person first become liable (obliged) to register. Failure by a person to apply for registration where he is otherwise compulsorily required to be registered is subject to penalty as per Executive Regulations.

A registrant has to mandatorily apply for tax registration if he stops making taxable supplies or the value of such supplies is less than the voluntary threshold limit in the preceding 12 months. However, if it is anticipated that supply or expenditure in the coming 30 days is expected to reach voluntary registration threshold, Failure to register for VAT when a tax registrant is required to do so will lead to penalties.

Issuance of tax invoice format as per VAT laws
Classification of supplies into taxable, Zero rate and exempt and out of the scope supplies
Calculation of Output tax liability on sales
Calculation of Input Tax deduction on Purchases and expenses
Calculation of VAT tax on import under reverse charge mechanism
Ensuring Filing of VAT returns on due dates mentioned
Advise the applicability of VAT on different scenarios
Application of transitional rules in calculating VAT taxes and also claiming relief from VAT if applicable
Tax Advisory

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Testimonials

Our Client’s Review

Much thanks to the Smart PRO team for arranging all of my needs, I had a very limited time before I had to travel but they made sure that everything was completed before.

Edward Cole

Highly recommended PRO consultants, they have a solution for everything, I didn’t have any knowledge about the business environment in Oman but with Smart PRO it’s been remarkable.

Robert Lazaro

Our company launched lots of new products and with the help of Smart PRO we got it all registered in very short duration.

David Michelle

I received my golden visa for 10 years, In just 8 days thank you Smart PRO and their entire staff for being so helpful and making it easy

Pradeep De Costa

I’m really happy with your team’s determination to finish the process of obtaining 5 year investor visa. I know it wasn’t easy but I knew you guys could do it. Your helpful attitude makes it clear that your team can continue to take on new challenges and grow with the company. Thank you for your extra effort and making us comfortable during this whole process. I will definitely recommend your service to my colleagues and friends.

Dily Geejo

Smart PRO arranged my requirements to setup my new company also fulfilling my necessities to employ the required staff for each department, my business has been flowing smoothly ever since. Thank You Smart PRO again

Anishka Malshi

The staff went above and beyond at all times, from suggestions to clearing all of our doubts, we had so many questions that we couldn’t find the answers to but the consultants at Smart PRO explained everything in detail. Thanks team Smart PRO

Muradh Khan

Since a long time we were looking to outsource our company’s book-keeping and one of my friend introduced me to SMART PROs team of financial services since then entire thing been smooth sailing under professional eyes.

Khrishna Kumar

Thank you Smart PRO for helping me out to setup my business and my family in Oman so smoothly it couldn't have been any easier.

Rajesh Sharma

Contact Info

Phone: +968-97083232
Location: Al Hail, Al Seeb, Sultanate of Oman
Email: info@smartpro.om