Services in Oman & UAE

Accounting &

Bookkeeping

International Financial Reporting Standards (IFRS) are required to be applied by all companies in Oman. IFRS are applied as promulgated by the International Accounting Standards Board without any amendment.

Business Practices in Oman

The typical working week is Sunday through Thursday. Business hours in the private sector are typically 8:00 AM- 1:00 PM and 2:00 PM- 6:00 PM. Shops usually open from 9:00 AM to 1:00 PM and then from 4:00 PM to 10 or 11 PM, seven days a week, except Fridays, when they open after 4:00 PM. Government offices and most businesses have shortened hours during the month of Ramadan.

Public Holidays

  • New Year's Day: January 1
  • Prophet's Ascension Day - Varies, follows lunar calendar
  • Eid al-FitrVaries, follows lunar calendar
  • Renaissance Day: July 23
  • Eid al-AdhaVaries, follows lunar calendar
  • Islamic New YearVaries, follows lunar calendar
  • National Day: November 18
  • Birthday of Sultan Qaboos: November 19
  • Birthday of the ProphetVaries, follows lunar calendar

Periods When Companies Usually Close

  • Eid al-Fitr: 4 days
  • Eid al-Adha: 4 days

Location

SetupOman Team

Office No. 505, Building No. 1532, Road No. 3519, Block No. 235, Al-Khuwair, Muscat, Sultanate of Oman

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