Gulf Country Oman Plans 5% Personal Income Tax in 2028 for Above Annual Income of $109,000 (OMR 42,000), Oman is Member of Gulf Cooperation Council Comprising of 5 Other Countries Bahrain, Kuwait, Qatar, Saudi Arabia & UAE Which Have No Personal Income Tax, Oman GDP at $104 Billion with 5.2 Million Population
24th June | Hong Kong
Gulf country Oman is planning for a 5% personal income tax in 2028 for above annual income of $109,000 (OMR 42,000). Oman is a member of Gulf Cooperation Council comprising of 5 other countries Bahrain, Kuwait, Qatar, Saudi Arabia & UAE which have no personal income tax. Oman GDP at $104 billion with 5.2 million population. In 2025 June, the Oman Investment Authority (OIA) & Vietnam State Capital Investment Corporation (SCIC) launched the new Vietnam New Era Growth Fund with $200 million capital investing in sustainable long-term growth investments in priority sectors including digital infrastructure & telecommunications technology, minerals & metallurgy, finance & state enterprise equitization and agriculture. Vietnam & Oman government are also planning to increase the Vietnam-Oman Investment Joint Stock Company (VOI) to $1 billion, launched in 2008 investing in infrastructure, energy, industry, finance, education, healthcare & real estate. Vietnam-Oman Investment Joint Stock Company (VOI) was launched with initial $100 million commitment, and had deployed $384 million.
“ Gulf Country Oman Plans 5% Personal Income Tax in 2028 for Above Annual Income of $109,000 (OMR 42,000), Oman is Member of Gulf Cooperation Council Comprising of 5 Other Countries Bahrain, Kuwait, Qatar, Saudi Arabia & UAE Which Have No Personal Income Tax, Oman GDP at $104 Billion with 5.2 Million Population “
Gulf Country Oman Plans 5% Personal Income Tax in 2028 for Above Annual Income of $109,000 (OMR 42,000), Oman is Member of Gulf Cooperation Council Comprising of 5 Other Countries Bahrain, Kuwait, Qatar, Saudi Arabia & UAE Which Have No Personal Income Tax, Oman GDP at $104 Billion with 5.2 Million Population

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