Ibn Hyan Chartered Accountants

About Ibn Hyan Chartered Accountants

Founded by an Omani auditor first licensed in 1987, this Muscat practice of chartered accountants, auditors and management consultants is an independent member of the DFK International association. It states a licence from the ministry responsible for commerce and investment to practise audit, accounting and financial and economic consultancy. The service range is wide: audit and assurance, forensic audit, tax advisory and compliance, asset management services, costing and budgeting, human resources and information technology reviews, process improvement and management training. It also supports companies with formation matters, including dealings with the ministry on activities, branches and capital changes, and with industrial and municipality licences. Net worth statements for wealthy individuals and advice on obtaining bank finance are further niches. The site is in English and does not publish prices or a foreign-investor programme.

Services

Audit and assurance, forensic audit and contract accounting sit alongside tax registration, tax card issue, tax and withholding tax return submission, appeals to the tax committee, treaty exemption certificates and VAT advice. Formation support covers liaison with the ministry, tax authority and manpower clearances, industrial and municipality licences, added activities, branches and capital increases. Other services include monthly payroll preparation, costing and budgeting, policies and procedures, systems audits and bank finance advisory.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed

Licences and registrations

• Ministry of Commerce, Industry and Investment Promotion licence for audit, accounting and consultancy

As declared by the firm. Check a licence with the regulator before you rely on it.

Networks and associations

Member of DFK International (as stated by the firm).