Tax Authority, Omantel sign agreement to implement electronic invoicing system

Muscat: The Tax Authority signed an agreement to implement the electronic invoicing system with Omantel. The agreement, signed in Muscat on Monday, forms part of the Sultanate of Oman's ongoing efforts to modernise the tax system and to keep pace with global trends towards comprehensive digitisation.

The agreement was signed by Nasser bin Khamis Al Jashmi, Chairman of the Tax Authority, and Eng. Sami bin Ahmed Al Ghassani, Chief Tech and Digital Officer of Omantel.

The step represents a milestone in the governance of the tax sector. Besides enhancing operational efficiency, the e-invoice platform helps regulate public revenues.

Drawing on its accumulated expertise in the technology sector, Omantel operates as an innovative digital design centre for the e-invoice system. The company gains impetus from its digital transition initiatives and its support to the strategy of sustainability.

E-invoicing also supports small and medium enterprises (SMEs) by streamlining their tax compliance procedures and facilitating the secure exchange of data with other authorities, in line with international standards.