Pillar Page — Audit & Assurance
In a market shaped by Oman Vision 2040, the Commercial Companies Law, and increasingly rigorous oversight from the Capital Market Authority (CMA) and Oman Tax Authority, a credible audit is no longer a year-end formality
it is a foundation for investor confidence, bank financing, and licence renewal. Businesses across Muscat, Sohar, Duqm, Salalah and the free zones need auditors who understand both international standards and the realities of operating in the Sultanate.
Kreston Menon Al Dohh is a registered audit firm in Oman, licensed to practise under the Auditors' Law and recognised by the relevant Omani authorities. We work with LLCs, SAOCs, SAOGs, free zone entities and
branches of foreign companies to deliver audits that are technically rigorous, commercially useful, and
delivered on time for statutory filing deadlines.
Partner-Led
Direct access to decision-makers
Methodology
We combine International Standards on Auditing (ISA) methodology with a close reading of Omani regulatory requirements — the Commercial Companies Law (RD 18/2019), CMA disclosure rules for listed entities, and sector-specific requirements set by the Central Bank of Oman, the Public Authority for Special Economic Zones and Free Zones (OPAZ), and municipal licensing authorities.
"Every engagement is partner-led, so you deal directly with decision-makers who understand your sector, not a rotating team of juniors."
Core Capabilities
Comprehensive audit and assurance solutions tailored to the rigorous demands of the Omani regulatory landscape.
Independent, RD 18/2019-compliant audits of annual financial statements for LLCs, SAOCs and SAOGs, prepared for the Ministry of Commerce, Industry and Investment Promotion (MOCIIP), tax authority filings, and shareholder reporting.
Independent verification of In-Country Value scores under the National ICV Blueprint, supporting certification with the ICV-hosting entities and tender eligibility with Omani oil & gas, utilities and government-linked clients.
Independent testing of internal controls, risk management and governance processes for boards and audit committees. Ensure your operational frameworks are resilient and compliant.
Scoped, factual-findings engagements for specific concerns such as grant utilisation, franchise royalty verification or shareholder disputes, providing clear and objective reporting.
Specialist investigation into financial irregularities, asset misappropriation and fraud, with findings suitable for board or legal action. Protect your business assets with meticulous scrutiny and rigorous factual analysis tailored for stakeholders and legal proceedings.
We blend international expertise with deep local roots to deliver assurance services that truly add value to your Omani enterprise.
Deep familiarity with Omani statutory audit requirements across sectors including oil & gas services, logistics, real estate, manufacturing and tourism.
Engagements that combine international audit quality with the responsiveness, agility, and personalized attention of a locally rooted firm.
Proven track record supporting ICV certification for suppliers to PDO, OQ, Duqm SEZ and other major Omani procurers.
Audit timelines built strictly around Oman's statutory filing calendar, ensuring you are never rushing a critical licence renewal.
Tangible, measurable outcomes that extend far beyond baseline compliance.
Financial statements that satisfy MOCIIP, tax, and shareholder requirements without last-minute surprises or delays.
An ICV score you can defend confidently in tenders and audits by hosting entities like PDO and OQ.
Sharper visibility into control weaknesses before they become compliance or financial problems.
A trusted second opinion for boards, lenders and investors evaluating your business and operational framework in Oman.
Most LLCs, SAOCs and SAOGs registered in Oman are required to prepare audited financial statements under the Commercial Companies Law, particularly for MOCIIP filings, tax purposes and shareholder reporting. Requirements can vary by legal form, free zone authority and turnover, so it's worth confirming your specific obligation with an approved Omani audit firm.
An ICV audit is an independent verification of your In-Country Value score — the measure of local spend, Omanisation and local investment used by major procurers such as PDO, OQ and government entities. Suppliers and contractors bidding for tenders with ICV-weighted evaluation criteria typically need a certified ICV score, verified annually by an accredited auditor.
Timelines depend on company size, sector and the state of your records, but a well-prepared SME audit is typically completed in two to four weeks. We plan engagements around Oman's statutory filing deadlines so certified statements are ready in time for MOCIIP and tax submissions.
Requirements vary between Omani free zones such as Duqm SEZ, Sohar Freezone and Salalah Free Zone. Many free zone licences require annual audited financial statements as a condition of licence renewal — we recommend confirming the specific requirement with your free zone authority or with us directly.
