Stock control for retailers in Oman
Oman's VAT rate is 5%, collected by the Oman Tax Authority since April 2021. For a multi-branch group, stock and VAT are closely linked, since purchases carry input VAT and every branch sale carries output VAT. Symake keeps both tied to stock movements, so the VAT return and the stock report draw on the same data. Fawtara e-invoicing is planned in phases, starting with a pilot from August 2026 for about 100 of the largest taxpayers, then phase 2 in early 2027 and phase 3 in mid to late 2027. The dates are not final.