How capital gains tax works in Oman
Oman does not currently impose a general personal capital-gains tax on individuals. A person selling shares, crypto or property is not presently taxed under a standalone personal CGT regime, although property registration costs, foreign tax and a business-income reclassification can still matter.
For companies and permanent establishments, gains from disposing of business assets are generally part of taxable income and can be taxed at 15%. The Income Tax Law specifically exempts profits or gains from disposing of securities listed on the Muscat Securities Market, subject to the statutory conditions.
The personal position changes in principle from 1 January 2028 because the new PIT law taxes taxable income from specified sources when total income exceeds OMR 42,000. The final treatment of every asset class, deduction and disposal should be checked against the PIT law and executive regulations rather than treating the current 0% headline as permanent.
Tax rates at a glance
- Personal capital gains tax through 2027
- 0%Current
- Business gains
- 15% generally
- Muscat-listed securities gains
- Exempt
- Future PIT rate
- 5% from 2028
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
Long-term investorsCrypto holdersFoundersPublic-market investorsProperty owners
Watch out for
- No personal CGT does not mean that every gain is tax-free. A company’s gains can be ordinary taxable profits, and frequent or organised trading can create business-income questions.
- A property sale or gift can involve a 3% real-estate contract-registration fee in cases covered by the Ministry of Housing schedule. That is a transaction charge, not a personal capital-gains tax.
- The future PIT law is enacted but its detailed rules are still important. Asset type, residence, source, allowable costs, exemptions and treaty relief may determine the 2028 outcome.
- Foreign tax residence can override Oman’s current 0% personal CGT position. The country where the investor lives, the company is managed or the property is located may still tax the gain.
Frequently asked questions
Does Oman have capital-gains tax?
Oman currently has no general personal capital-gains tax. Business gains are generally included in taxable profits, and gains from securities listed on the Muscat Securities Market are exempt under the Income Tax Law.
Are crypto gains taxed in Oman?
There is no current standalone personal crypto capital-gains tax in Oman. The future PIT law, business-income classification, foreign residence and the source of the gain should be reviewed before assuming a permanent 0% result.
Is selling property in Oman tax-free?
There is no current general personal capital-gains tax, but property transactions can carry registration or transfer charges. A business seller and a person resident in another tax country can also face a different result.