Our Services


VAT Advisory

We advise you on your VAT registration and return filing obligations in Oman and UAE.We assist you in your accounting and net VAT payment calculations.

Corporate Income Tax Advisory

We assist you in obtaining Tax Identification Number (TIN) to procure your Tax Card which replaces Tax Certificate w.e.f. 01 July 2020. We also assist you in filing your annual Income Tax return and withholding tax return..

Year End Closing and Preparation of Financial Statements

Our expert team can assist your accountant on period closing and producing Financial Statements compliant with International Standards and legal requirements in Oman and UAE..

Onsite Accounting Support

We provide onsite accounting support by deploying qualified CAs,ACCAs,CPAs and experienced accounting resources to complete your backlog or handle your Sales, Procurement,Payable,Receivables,Payroll or Inventory Modules.

External Audit

Our member firms are licensed to provide External Audit Services in Oman and UAE.We can provide quality external audit services..

100 % Payment Verification Services

We deploy our experinced team to conduct 100% verification of all your bank and cash payments to provide your assurance or highlight exceptions that all payments are supported by documentation as specified by your policies and procedures..

Our Specialisation


Fixed Assets Barcoding and Verification

We have specialised team that has recently completed barcoding and physical verification of more than 5000 fixed assets items in large manufacturing facility spread across 100 Acrs of land.

Inventory Verification and Barcoding

Our team conducts physical verification and barcoding of Inventory items and produces a detailed Inventory Register that can be uploaded to your ERP system and Inventory tracking mechanism.

Setting up Accounts Department

We can help you set up an effective accounting department with adequate internal controls.We can also help you to choose a suitable accounting software,recruiting staff and training them

Meet Our Leaders


Dalal

Dalal Al Hadrami

VAT and Income Tax Advisory Leader

 

Dalal worked in world’s largest professional audit and advisory firm Deloitte and Touche for more that seven years before joining OEAA.She assists our clients in filing their VAT and Tax returns and provide assistance during Tax Assessment and queries.

Sanesh Photo

Sanesh Unnikrishan

Internal Audit Services Leader

 

Sanesh Leads our Risk Advisory and Internal Audit Services. He also handles projects of designing policies and procedures of the clients. He specialises in the design and implementation of Internal controls,

Riays_Photo

Riyas Shamsudeen

External Audit Services Leader

 

Riyas leads External Audit practice of OEAA in Oman.He has more than twelve year of experience in Audit, Accounting and Advisory. He is also IFRS leader for our Oman and UAE practice.

Farley Photo

Farley Paul M.

Accounting Services Leader

 

Farley leads our outsourced accouting services and has vast experience in handling accotuing softwares including Oarcle Financials.

7

Years of Exp

90

Clients Served

12

Consultants

2

Presence in Oman and UAE

Latest project


Mystery Shopping

Mystery Shopping

An International five star hotel chain operating across the world, has engaged us to conduct mystery shopping visits to their properties in Oman. We conduct visits to their properties to observe the sales booking process at food and beverage outlets and secretly report our findings to the management.

Payroll Outsourcing

Payroll Outsourcing

We assisted one of our multinational clients in processing and finalizing their payroll eevry month.The client maintains employee masters and we keep track of attendance, leave and monthly payroll.

Policies and Procedures

Policies and Procedures

We have recently been awarded a project to conduct a comprehensive internal controls review of a family business where our deliverables include detailed process maps with policies and Procedures..

We don’t want to be mere advisors

but your true business partners.

Oman VAT News


OMAN VAT EFFECTIVE DATE

Royal Decree 121/2020 has been published in Official Gazzette on 18 October 2020 and VAT will be payable from 16 April 2021. Oman Tax Authority is mandated to issue Executive Regulations of VAT within six months.

OMAN VAT REGISTRATION

Oman VAT registrations are expected to start from January 2021.VAT Law has not specified the mandatory registration threshold but it is expected to be OMR 38,500 ($100,000) taking clue from the GCC VAT framework.

OMAN VAT RETURN FILING

Oman VAT Law has not specified the periodicity of VAT return filing althopugh it states that VAT return shall be filed within 30 days from tax period end. We expect that VAT return shall be quarterly looking at other GCC countries that had  implemented VAT.