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Audited accounts signed in Oman

Can accounts audited by our Indian group auditor be filed with the Oman return?

The situation

The return must be accompanied by audited accounts signed by an auditor registered in Oman, under IFRS.

The law

  • Income Tax Law (accounts with the return): Return with audited accounts signed by an auditor registered in Oman, under IFRS

What it means for you

A foreign signed audit does not meet the rule. Engage an Oman registered auditor, who can rely on group work where appropriate. Plan the timing so the Oman sign off comes before 30 April.

What to do

  1. Appoint an Oman registered auditor.
  2. Share group audit work if helpful.
  3. Get signed IFRS accounts.
  4. Attach them to the TMS return.

We can do this for youAnnual corporate income tax return with audited accounts (15 percent): OMR 650

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