Oman Sultani Decree No. 39/2016 Promulgating a Law on Continuation of Licence Validity for Foreign Accountancy and Audit Companies and Exemption of Omani Owners of Such Offices from the “Full-Time Commitment” Condition
We, Qaboos bin Said, Sultan of Oman,
After perusal of the Basic Statute of the State promulgated by Sultani Decree No. 101/1996;
The Law on the Regulation of the Profession of Accounting and Auditing promulgated by Sultani Decree no. 77/86;
Sultani Decree No. 21/2011 on continuation of licence validity for foreign accountancy and audit companies and exemption of Omani owners of such offices from the “full-time commitment” condition; and
After presentation to the Council of Oman; and
Based on the requirement of the public interest
Have issued the following Decree:
Article 1
The provisions of the attached Law on Continuation of Licence Validity for Foreign Accountancy and Audit Companies and Exemption of Omani Owners of such Offices from the “full-time commitment” condition shall be applied.
Article 2
The present Decree shall be published in the Official Gazette.
Issued on 14 Dhi al-Qi'dah 1437 H.
Corresponding to 18 August 2016
Qaboos bin Said
Sultan of Oman