Madinat Al Sultan Qaboos, P.O. Box: 480, P.C: 124, Sultanate of Oman, Muscat

ALBATEL CERTIFIED PUBLIC ACCOUNTANTS

Government Support

From foundation to success. Navigating life with government by your side.

Government Support Services in Oman

Oman’s thriving business environment is shaped by strategic government support initiatives that empower investors, startups, and established enterprises to succeed. From obtaining business permits to accessing grants and incentives, navigating regulatory frameworks is essential for smooth operations and compliance.

At Albatel, we simplify this process by offering expert government support services in Oman, tailored to meet the needs of businesses of all sizes.

Aligned with Oman’s Vision 2040, our services help businesses leverage national development programs, industrial zone benefits, and public-private partnerships. Government Support Services are regulated and supported by the Ministry of Commerce, Industry, and Investment Promotion (MOCIIP), which facilitates business licensing, regulatory compliance, and investor incentives.

Additionally, specialized entities such as the Public Authority for SME Development (Riyada) and Free Zone Authorities (Duqm, Sohar, Salalah) provide targeted support for startups, SMEs, and businesses operating within free zones.

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Government Support Services at Albatel

Oman’s business ecosystem is supported by a variety of government entities that provide licensing, regulatory oversight, incentives, and development programs. Albatel works closely with these entities to ensure our clients receive reliable, compliant, and efficient support throughout their business journey.

Related Government Entities We Work With

 

  • Ministry of Commerce, Industry and Investment Promotion (MOCIIP)

  • Public Authority for SME Development (Riyada)

  • Free Zone Authorities (Duqm, Salalah, Sohar)

  • Oman Chamber of Commerce & Industry (OCCI)

  • Ministry of Labour

  • Oman Tax Authority

     

Our Government Support Services

1. Business Licensing & Registration

  • Assistance with commercial registration, CR amendments, and renewals.

  • Streamlined processes to help businesses establish quickly and efficiently.

2. Regulatory Compliance & Approvals

  • Navigate sector-specific licensing with ministries and free zone authorities.

  • Ensure compliance with regulations set by MOCIIP, Oman Tax Authority, and others.

3. Government Liaison Services

  • Coordination with MOCIIP, Ministry of Labour, Oman Tax Authority, and other agencies.

  • End-to-end documentation support and application tracking for smoother processes.

4. Free Zone & Industrial Zone Support

  • Regulatory setup assistance in Duqm, Sohar, Salalah, and Rusayl industrial zones.

  • Support with customs clearance, labor permits, and operational requirements.

5. Public-Private Partnership (PPP) Facilitation

  • Structuring PPP models to enable collaboration between businesses and government.

  • Advisory services for government-linked projects in infrastructure and other sectors.

6. Investor Incentives & Grant Advisory

  • Identify applicable grants, exemptions, and incentives.

  • Prepare applications and follow up to ensure businesses maximize benefits.

Our key strengths include experienced accounting and reporting specialists, in-depth knowledge of Omani corporate, VAT, and tax regulations, and seamless digital conversion support. We deliver transparent and flexible engagement models tailored to each organization’s size, industry, and reporting complexity.

Why Choose Albatel?

Businesses rely on Albatel for the expertise of seasoned financial professionals who understand the technical and regulatory complexities of accounting conversions. Our team brings practical experience and strong judgment to ensure accuracy, compliance, and clarity at every stage of the engagement.
We provide comprehensive, end-to-end guidance throughout the conversion process, from initial assessment to final reporting. With a deep understanding of Omani regulatory requirements, we help businesses manage compliance confidently while minimizing disruption to daily operations.
By combining advanced AI-driven reporting tools with a scalable and cost-effective service model, we deliver precise and efficient outcomes for organizations of all sizes. Every engagement is handled with strict confidentiality, ensuring that sensitive financial information remains fully protected.

Industries We Serve:
  •  Trading & Distribution: Accurate revenue recognition, inventory valuation, and compliant financial reporting.
    • Construction & Contracting: Project-based accounting, long-term contracts, and IFRS-compliant revenue and cost recognition.

    • Oil & Gas Services: Complex asset valuation, impairment assessment, and industry-specific reporting requirements.

    • Manufacturing: Improved costing methods, fixed asset accounting, and inventory treatment under IFRS standards.

    • Real Estate: Lease accounting, fair value assessments, and project-based financial reporting.

    • Technology & Startups: Scalable reporting frameworks, investor-ready financial statements, and transparent disclosures.

    • Healthcare & Education: Accurate revenue recognition, asset management, and compliance with regulatory reporting standards.

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Book an Appointment:

Book an appointment with Albatel today. Our professional team is dedicated to providing tailored advisory and implementation solutions that enhance financial clarity, strengthen compliance, and build stakeholder trust.
Let us partner with you to ensure accurate, transparent, and audit-ready financial reporting—supporting your organization’s growth and long-term success.

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