Bondoni Dispatch (Government regulations, news, updates)
Introducing Bondoni Dispatch where you can find all business related regulations and updates from the Government and the Ministries.
Client Alert – Oman E-Invoicing Update: Implementation Timeline (Effective August 2026)
April 28, 2026Following our recent communication regarding the introduction of e-invoicing in Oman, we would like to provide you with an update on the implementation timeline. This should be read in conjunction with our E-Invoicing Client Alert issued on 7th April 2026.Key...
Client Alert: Mandatory Ultimate Beneficial Owner (UBO) Registration – Oman
April 20, 2026OverviewAs part of Oman’s corporate transparency and anti-money laundering framework, companies are required to identify and register their Ultimate Beneficial Owners (UBOs) under Ministerial Decision No. 424/2023, implemented from 11 December 2025. Based on our engagement with the authorities, we’ve...
Client Alert – Oman E-Invoicing Update: What Businesses Need to Know (Effective August 2026)
April 6, 2026The Oman Tax Authority (OTA) is progressing with the implementation of mandatory e-invoicing from August 2026. As part of this, the OTA has released a draft E-Invoicing Data Dictionary and shared initial guidance with selected large taxpayers.The Oman Tax Authority...
Client Alert: Grace Period for Mandatory Professional Licensing in Oman
January 15, 2026Further to our earlier email regarding the Ministry of Labour’s (MOL) directive issued on 4 August 2025 on mandatory professional licensing (Read it here), we would like to share an important update.Grace Period Until 1 June 2026MOL has announced a...
Important: Implementation of Certification Requirements for Certain Occupations in Oman
November 18, 2025This is to inform you that the Ministry of Labour has issued a directive on 4 August 2025, introducing mandatory professional licensing for certain professions in Oman.The main areas affected are Engineering, Accounting and Technical/Vocational (in different sectors). Although Engineering...
Important: Oman’s Ministry of Labour Introduces New Rules for Omani Employee Salary Increments
August 14, 2025We are writing to update you regarding the new ministerial decision regarding salary increment for Omani employees in the private sector.The Ministry of Labour (MOL) has issued Ministerial Decision No. 317/2025, replacing the previous rules under MD No. 541/2013. This...
Oman Introduces Personal Income Tax from 1 January 2028 – What You Need to Know
July 17, 2025Personal Income Tax (PIT) decree, introducing a 5% Personal Income Tax, effective 1 January 2028. This makes Oman the first GCC country to formally announce a personal income tax regime.The objective of the new tax law is to strengthen Oman’s...
Important and Urgent: Foreign Firms & Omanisation Policy Update!
June 25, 2025We are writing to update you of a new mandatory Omanisation directive developed between the Ministry of Commerce Industry and Investment Promotion (MOCIIP) and Ministry of Labour (MOL). It was issued on the 5th May 2025 but only announced in...
Important! – Mandatory Employment Applications System for all Companies: Tawteen
June 11, 2025The Ministry of Labour (MoL) has officially announced that all companies operating in Oman must register on the national Tawteen platform: www.tawteen.om.What is Tawteen?Tawteen (“Localisation”) is a strategic initiative led by the Omani government to promote Omanisation—the employment of Omani...
Oman’s new Wage Protection Law ensures timely salaries for private sector employees
May 26, 2025Oman government has sent out another reminder out to all companies in Oman via the media to ensure timely and transparent salary payments for private sector employees in order to safeguard workers’ rights and promote accountability in private-sector wage practices.You...
Important IBAN Reminder: IBAN Mandatory for All Domestic Transactions in Oman – Effective July 1, 2025
May 6, 2025We wish to remind you of an important regulatory update announced by the Central Bank of Oman (CBO):Effective July 1, 2025, the use of the International Bank Account Number (IBAN) will be mandatory for all domestic corporate and personal financial...
Special Announcement- Powering Investment: Bondoni Partners with Invest Oman!
April 14, 2025Invest Oman- Bondoni Partnership We are proud to announce that Bondoni and Invest Oman have signed a non-exclusive Cooperation Partnership MOU.Invest Oman is the government’s arm for large-scale investment opportunities across the main diversified sectors in Oman. Invest Oman will refer...
Urgent Compliance Update: Mandatory SPF & WPS Requirements – Immediate Action Needed
March 12, 2025At Bondoni, we make a constant effort to communicate regular updates from the ministries and the government to ensure our clients remain compliant with evolving regulations. We like to stay in the frontline to avoid any discrepancies. Please ensure you read...
Important Update: Oman Data Protection Law Compliance Deadline Extended
February 4, 2025Following up on our previous emails regarding the implementation of Oman’s Personal Data Protection Law (PDPL) under Royal Decree 6/2022, we would like to share an important update regarding the compliance timeline.The Executive Regulations, which came into effect on February...
Important Reminder: Prepare for Your Year-End Tax Returns
January 20, 2025As we are now beginning the new year, it’s time to ensure your business is well prepared to meet its tax obligations. At Bondoni, we aim to make the process as seamless as possible for our valued clients.Here are key...
Oman’s Revitalized Investment Era! – Oman’s sovereign debt rating is back to investment grade
October 8, 2024Great news for Oman’s economic outlook! Oman’s sovereign debt rating is back to investment grade. S & P Global Ratings raised its long term foreign and local currency sovereign credit ratings on Oman to ‘BBB-’ from BB+. S & P...
Urgent Actions for Employers – New Law Changes impacting SPF Payments, Prohibited Professions for Expats, and Foreign Investment Activities in Oman
September 7, 2024We would like to inform you of recent changes to the laws governing: SPF payment for expats New prohibited expatriate worker visas Temporary Job Restrictions Foreign investment activities in Oman Please find a summary of the key updates below: SPF (Ex PASI) payments for Expat employees...
New Government Changes PASI and Individual Document Attestations – What you need to know?
May 30, 2024New Government Changes PASI and Individual Document Attestations – What you need to know? PASI (Now called SPF) You may have experienced difficulties obtaining invoices and statements from PASI. Although there has been no official announcement this is to inform you of...
Oman Issues Executive Regulations for Personal Data Protection Law: Key Requirements and Compliance Steps
May 30, 2024Oman Issues Executive Regulations for Personal Data Protection Law: Key Requirements and Compliance Steps Under Royal Decree 6/2022, Oman introduced its first Personal Data Protection Law (PDPL). Recently, the Minister of Transport, Communications and Information Technology issued the Executive Regulations...
Important – Mandatory Omani Employment for New Foreign Investors in Oman
May 30, 2024Important – Mandatory Omani Employment for New Foreign Investors in Oman We would like to bring to your attention an important update from the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) regarding new regulations for foreign investors operating in...
Ministry of Labour mandates WPS Registration for all Companies
May 30, 2024Ministry of Labour mandates WPS Registration for all Companies The Ministry of Labour has issued a directive mandating the registration of all companies, irrespective of size (large to SME), into the Wage Protection System (WPS). This initiative emphasizes the criticality...