About Us Name Location MGI Vision Chartered Accountants

About Us

Name : Location : MGI – Vision Chartered Accountants 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 Piyush Thakkar Rakesh Jobanputra CIA, CFA CA CA Our Team consists of 14 Talented & Hardworking Professionals Our Associates : Tumooh Consulting Services - OMAN EXOVA Financial Consultants - INDIA PMP & Co. – Chartered Accountants - INDIA

About Oman

Ø Oman, officially the Sultanate of Oman, holds a strategically important position at the mouth of the Persian Gulf. Ø 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. Ø The currency circulated is the Omani Rial which is the third-highest-valued currency unit after the Kuwaiti dinar and the Bahraini dinar. Ø Oman has a population of 4, 092, 000 (2015), 50% of which reside in the capital, Muscat. Ø Oman was also chosen as the Fifth most peaceful country in the region.

Doing Business in Oman

ØPolitical stability is one of the most attractive features in the Sultanate. ØThe government encourages investment of Foreign Capital in untapped resources. ØThe GDP has grown considerably over the years ( 81. 8 bn USD). ØOman’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: Sohar Salalah Al Mazyona Benefits of these FTZ are : 100% foreign ownership 50 Years Tax Exemption Zero Customs Duty Low Omanisation Requirements Other Business Friendly Features Include: ØLow interest rates for obtaining finances. ØCheap Human Resources. ØLow Taxation Rates. ØWell governed Stock Market. ØGovernment support for SMEs.

Emerging Scenario

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

What We Expect from MGI

ØA closely knit network of professionals worldwide. ØAccess to an array of resources offered by our fellow members. ØExchange of knowledge and techniques. ØA platform for discussions for all fellow members for easy exchange of ideas. ØNetworking and expanding our Clientele.

What MGI can expect from Us

ØAdherence to all Standards. ØQuality of work. ØEthical practices. ØDynamic Workforce. ØEagerness to Grow. Ø Support to fellow members.

Thank You …