International Information Technology Co. LLC (IITC) and SunTec Business Solutions Alliance is Now Approved as an ASP Service Provider by Oman Tax Authority for the Launch of Fawtara in Oman
Summarized and contextualized by DistantNews.
At a glance
- Oman's Tax Authority has approved an alliance between International Information Technology Co. LLC (IITC) and SunTec Business Solutions as a service provider for the upcoming e-invoicing system, Fawtara.
- The alliance aims to help Omani businesses prepare for the e-invoicing implementation, scheduled to launch in August 2026.
- The Fawtara program will introduce a Peppol-based framework for compliant e-invoice exchange, overseen by tax authorities.
International Information Technology Co. LLC (IITC), a prominent Omani system integrator, and SunTec Business Solutions, a global provider of digital compliance solutions, have formed a strategic alliance. This partnership has been approved by the Oman Tax Authority to serve as an accredited service provider for the nation's upcoming e-invoicing system, Fawtara.
e-Invoicing is rapidly becoming a cornerstone of the digital economy, driving transparency, efficiency, and compliance. SunTec has supported major compliance transformations across the GCC and partnered with more than 45 banks globally, including nine banks in Oman as part of their VAT compliance transformation initiative. Together with IITC, we are well positioned to help organizations embrace the Fawtara mandate and turn compliance into a catalyst for long-term digital transformation.
The alliance is designed to assist businesses and organizations across Oman in preparing for the mandatory implementation of e-invoicing, which is slated to begin in August 2026. SunTec will contribute its SunTec Xelerate e-Invoicing product and expertise in tax and regulatory compliance, while IITC, a subsidiary of Oman International Holding (OHI), will leverage its experience in government and enterprise IT solutions.
Oman's Fawtara program will adopt a Peppol-based five-corner CTC framework to modernize tax compliance and facilitate the electronic exchange of invoices under the direct supervision of tax authorities. The phased rollout is expected to extend to all VAT-registered businesses by 2028. This initiative aims to enhance transparency and efficiency in the Omani economy.
e-Invoicing is not just a regulatory milestone, it is an investment in the financial infrastructure of our clients and the broader Omani economy. As CFO of OHI Group, I see this alliance with SunTec as a natural extension of our commitment to building businesses that are compliant, efficient, and positioned for sustainable growth. We are proud that IITC is at the forefront of this transformation.
Praveen Kumar, CFO of OHI Group, emphasized that the alliance represents a commitment to building compliant and efficient businesses, positioning IITC at the forefront of this digital transformation. The collaboration is seen as an investment in Oman's financial infrastructure, promoting sustainable growth.
We are pleased to partner with SunTec to support businesses and organizations in the Sultanate of Oman as they transition to e-invoicing through the Fawtara program. By combining IITCโs deep local IT solutions and services expertise and customer-engagement experience with SunTecโs advanced technology capabilities, we are enabling businesses to adopt a reliable and compliant digital billing framework. At IITC, we strongly believe in the transforma
Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.