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We have the scope, depth, and global reach to serve businesses who are positioned to thrive in Saudi Arabia. Our team provide you with assurance services that...

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At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.

Local Content Services

Driving compliance, performance, and long-term value creation in alignment with Vision 2030 Saudi Arabia’s commitment to economic diversification under Vision...

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Zakat and Tax

Our experienced tax team not only support core compliance but are at the leading edge of transformation and operational resilience in respect of the tax...

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We offer a comprehensive range of advisory services to help you create, transform and protect value.

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An optimised and resilient supply chain is essential for success in an ever-evolving business landscape
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The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
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We offer strategy, client service, digital and insight solutions to businesses that are shaping the future across the Middle East.
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Deal Advisory
At Grant Thornton, we deliver deal advisory services through a strategic lens, providing end-to-end support that enables our clients to unlock value, manage risk, and make informed decisions with confidence. Our team works closely with businesses across Saudi Arabia to navigate the complexities of transactions and drive smart, sustainable outcomes.
Growth services
We have designed and developed growth services to support your business at each phase of its growth. So whether you are an SME that has just set up or a large business wishing to expand, at Grant Thornton we will help you unlock your potential for growth.

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Saudi Arabia is rapidly emerging as a powerhouse in the global startup ecosystem, fostering innovation and entrepreneurship to build the next generation of billion-dollar companies. With a strategic vision, robust economic reforms, and increasing investment in technology and infrastructure, the Kingdom is positioning itself as a leading hub for startups aspiring to scale into unicorns.

3 min read | 08 Apr 2025

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Energy & natural resources

Energy & resources

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Financial services

Optimism is slowly returning to the global economy, but the financial services industry needs to regain the trust of public and private bodies. To succeed,...

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Consumer products

Emerging markets and shifting consumer demand are creating new opportunities in consumer products, with business leaders investing in new products, markets and...

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Real estate & construction

While the impact of the prolonged downturn continues to be felt, pockets of opportunity and optimism have emerged within the retail estate and construction...

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Technology, media & telecommunications

Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...

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Tax Insights

Preparing for VAT in Oman

15 Mar 2021Less than a minute

The Government of Oman in October 2020 announced the long-anticipated Value Added Tax (VAT) Law. The Law will be effective from April 2021 and will create significant impact for businesses who operate in the country. To support businesses with their implementation, the Oman Tax Authority has released the VAT Implementing Regulations on 14 March 2021, which signifies the countdown to implementation in just under 33 days.

In this article

During a recent webinar organised by Thomson Reuters, focusing on VAT implementation across Oman, industry experts shared their insights on how to prepare effectively. Following on from the session, Tax Expert, Ganesh Nair of Grant Thornton Saudi Arabia shares an overview of the elements which Omani businesses may need to consider, following the attached lessons learnt during the implementation of VAT across Saudi Arabia.