About Us Name : MGI – Vision Chartered Accountants Location : Muscat, Sultanate Of Oman. Salalah, Sultanate of Oman. Specialization : Audit & Assurance.

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Presentation transcript:

About Us

Name : MGI – Vision Chartered Accountants Location : Muscat, Sultanate Of Oman. Salalah, Sultanate of Oman. Specialization : Audit & Assurance Services. Feasibility and Market Research. Consulting services. Accounting & Book keeping Services. Our Clientele: Across various industries namely: Manufacturing, Construction, Hospitality, Trading etc. Our Core Values: Integrity. Simplicity. Innovation. Mission : Our mission is to help our clients accomplish their goals by providing the highest quality accounting, audit, tax and related professional services.

MGI - VCA is handled by 3 Partners : Abdul Majid Al Abri CIA, CFA Piyush Thakkar CA Rakesh Jobanputra CA Our Team consists of 14 Talented & Hardworking Professionals Our Associates : EXOVA Financial Consultants - INDIA PMP & Co. – Chartered Accountants - INDIA Tumooh Consulting Services - OMAN

About Oman

 Oman, officially the Sultanate of Oman, holds a strategically important position at the mouth of the Persian Gulf.  The country is lead by the visionary Sultan Qaboos bin Said al Said, under who’s governance Oman has witnessed a steady and commendable growth.  The currency circulated is the Omani Rial which is the third-highest-valued currency unit after the Kuwaiti dinar and the Bahraini dinar.  Oman has a population of 4,092,000 (2015), 50% of which reside in the capital, Muscat.  Oman was also chosen as the Fifth most peaceful country in the region.

Doing Business in Oman

 Political stability is one of the most attractive features in the Sultanate.  The government encourages investment of Foreign Capital in untapped resources.  The GDP has grown considerably over the years ( 81.8bn USD).  Oman’s “Vision 2020” is the country’s programme for diversification away from hydrocarbons and it focuses on privatisation and industrialisation.

Oman Offers 3 Free Trade Zones: SoharSalalahAl Mazyona 100% foreign ownership 50 Years Tax Exemption Zero Customs Duty Low Omanisation Requirement s Benefits of these FTZ are : Other Business Friendly Features Include:  Low interest rates for obtaining finances.  Cheap Human Resources.  Low Taxation Rates.  Well governed Stock Market.  Government support for SMEs.

Emerging Scenario

The following plans have been laid out for the year 2016 in lieu of the crippling oil prices : 1 Proposal for 100% ownership for foreign investors in Oman. 2 Focus on expanding the Tourism Sector. 3 Cut down on subsidies. 4 Tax Reforms. 5 Introduction of VAT.

What We Expect from MGI

 A closely knit network of professionals worldwide.  Access to an array of resources offered by our fellow members.  Exchange of knowledge and techniques.  A platform for discussions for all fellow members for easy exchange of ideas.  Networking and expanding our Clientele.

What MGI can expect from Us

 Adherence to all Standards.  Quality of work.  Ethical practices.  Dynamic Workforce.  Eagerness to Grow.  Support to fellow members.