How is crypto taxed in Oman?

There is no crypto tax for individuals in Oman as of October 2026, because Oman does not yet levy personal income tax. That will change on January 1, 2028, when a new personal income tax starts, though the law does not name crypto. Companies already pay corporate income tax on their profits.

Is there a crypto tax in Oman for individuals?

Not yet. PwC's tax summary says Oman's personal income tax is effective from January 1, 2028, so it is not in force today. Until then, an individual's salary, savings and investment gains, including any crypto gains, are not taxed by Oman. No separate crypto tax exists.

People living in Oman may still owe tax elsewhere. Some countries tax their citizens or residents on worldwide income. Examples are in crypto tax around the world and which countries have no crypto tax.

What is the Oman crypto tax rate from 2028?

There is no crypto-specific rate. Royal Decree 56/2025, issued on June 22, 2025, sets a 5% tax on individuals whose annual gross income exceeds OMR 42,000, KPMG reported. Tax residents, both Omanis and expatriates, are taxed on worldwide income.

PwC's summary of the published law lists the taxable income categories. They include salaries, self-employment, rent, interest, returns from stocks, shares and bonds, and gains from disposing of stocks, shares, bonds and real estate. Neither PwC's nor KPMG's summary mentions digital or virtual assets. So whether a gain on bitcoin would count as taxable income from 2028 is not stated in the law as summarised, and executive regulations were still expected. Losses on shares and bonds can be carried forward for up to five years, and shares listed on the Muscat Stock Exchange are exempt.

How are crypto companies taxed in Oman?

Under the general corporate tax rules. PwC lists a standard corporate income tax rate of 15%. Small Omani businesses that meet capital, income and staff limits can pay 3%, but banking, insurance and financial services are excluded from that reduced rate. A crypto business would be taxed on its profits like any other company, since the rules do not single out crypto.

Is cryptocurrency legal in Oman?

Yes, but it is not legal tender. The Central Bank of Oman does not recognise crypto as legal tender and has warned users about risk. Crypto service providers with a place of business in Oman must register with the Financial Services Authority under Decision No. E/35/2023, according to Addleshaw Goddard. Full detail is in is crypto legal in Oman, and the Gulf neighbour comparison is in how crypto is taxed in the UAE.

Rules differ by country and change often. Check the tax authority or a qualified professional for your own situation.