Oman has no comprehensive virtual asset law yet, but the Financial Services Authority requires virtual asset service providers to register and meet AML/CFT requirements under Decision No. E/35/2023 and has announced a full Virtual Assets Regulatory Framework. The Central Bank of Oman does not recognise crypto as legal tender and warns about its risks.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | middle east |
| Currency | OMR |
| Capital Gains (Personal) | 0% (no personal income tax; a 5% tax on income above OMR 42,000 is scheduled from 1 January 2028) |
| Capital Gains (Corporate) | 15% CIT on corporate crypto profits |
| VAT on Crypto | No |
| Staking Tax | No personal tax; corporate income at 15% |
| Airdrop Tax | No personal tax |
No personal income tax currently; a 5% tax on individual income above OMR 42,000 takes effect on 1 January 2028. Companies pay 15% income tax, and gains on assets other than Muscat-listed securities are taxed as ordinary income. Standard VAT is 5%.
| Required | Yes |
| Regulator | FSA / CBO |
| Framework | FSA Decision No. E/35/2023 (VASP Registration and AML/CTF); Full Virtual Assets Regulatory Framework under development |
| Ease | moderate |
| Cost (USD) | $25,000 - $75,000 |
No detailed enforcement information available
| Status | Research |
| Name | Oman CBDC |
| Issuing Authority | Central Bank of Oman |
| Model | retail |
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | enhanced_follow_up |
| FATF Body | MENAFATF |
| Suspicious-Activity Reporting | Yes |
Status: unregulated
Status: unregulated
Status: unregulated
| Legal | Yes |
| Electricity Cost | $0.038/kWh |
| Renewable Energy | 2% |
| Infrastructure | fair |
Mining is legal with low electricity costs but limited renewable energy; infrastructure is fair with moderate internet and data center facilities.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 46/100 |
| Banking Access | moderate |
| Sanctions Program Active | No |
Risk Factors
Oman is politically stable with moderate corruption and business environment. No international sanctions apply. Internet freedom is partly free and banking access for crypto companies is moderate.
Oman has no comprehensive virtual asset law yet, but the Financial Services Authority requires virtual asset service providers to register and meet AML/CFT requirements under Decision No. E/35/2023 and has announced a full Virtual Assets Regulatory Framework. The Central Bank of Oman does not recognise crypto as legal tender and warns about its risks.
Oman is classified by FATF as: enhanced_follow_up.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-03 · Data source: Soken Crypto Legal Map
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