Includes licensing requirements for key professional services that are open to U.S. service providers.
Last Published: 11/20/2018

Foreign consultancy companies seeking to form an engineering consultancy in Oman are required to have at least ten years of experience in engineering consulting projects. This condition can pose difficulties for newer engineering consultancy companies, particularly those in cutting-edge sub-fields of engineering where length or experience is unavailable and expertise is in any case more crucial. 

The Capital Market Authority is the government entity that supervises the operations of the capital market and insurance sector in Oman. In April 2016, the market regulator announced that audit firms are now allowed to carry out only three services for their audit clients: audit-related services, taxation advisory services, and investigation of matters arriving from auditor findings or observations. Earlier, audit firms were allowed to perform as many as 13 non-audit related services.

Capital Market Authority is the government entity which is supervising the operations of Capital market and insurance sector in Oman. In April 2016, the market regulator announced that audit firms are now allowed to carry out only three non-audit services: audit related services, taxation advisory services and investigation of matters arriving from auditor findings or observations, to their audit clients.

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