Buying Gold Bullion in Oman Is Tax-Free; Packaging Fees and New Regulations Detailed
Buying gold bullion in Oman has become an attractive option for investors. According to official regulations, value-added tax (VAT) on gold in Oman does not apply to gold bars, allowing customers to buy gold without tax in Oman.
🔹 Packaging Charges for Gold Bars While gold bullion purchases are tax-exempt, a packaging fee is applicable: (The packaging fee is fixed)
- For bars under 100 grams: 18 OMR
- For bars 100 grams or above: 20 OMR
🔹 Mandatory Official Certification Buyers must ensure the gold bar carries the official Omani certification mark. Using a microscope or magnifying glass, customers should verify the presence of a tiny “Khanjar and two swords” emblem on the bar, confirming its authenticity approved by the Sultanate of Oman.
🔹 Clear Gold Buying Rules in Oman These regulations reinforce transparency and security in the Oman gold market, supporting the fight against counterfeit products and protecting investors’ interests.
