Panacea WFS provides IFRS reporting, tax and finance advisory services to public and private sector entities in Oman and the wider GCC. Oman is our core operating region: we have team members in Muscat, and our leadership has spent more than a decade in senior finance roles in the Sultanate’s electricity sector.
Services in Oman
- IFRS financial statements and consolidation: statements, disclosures, group reporting, valuations and impairment support.
- Oman VAT and corporate income tax: compliance, deferred tax and liaison with the Tax Authority.
- Business plans and price control support for utilities: multi-year plans, financial models and regulatory submissions.
- Bookkeeping, payroll and management reporting for Oman businesses.
- On-site finance partner support when your team needs senior hands for a period.
Who we work with
Government-owned companies, regulated utilities, hospitality groups and private businesses across Oman and the GCC. Our work for utilities includes business plans, price control reviews and board-ready financial packs.
Why clients choose us
Our leadership team of Chartered Accountants has prepared IFRS group accounts and sector-wide budgets, led long-term funding including an award-winning sukuk, and led ERP implementations within Oman’s electricity holding group. That institutional experience is what we bring to every engagement, whatever the client’s size.
Frequently asked questions
Do you have a presence in Oman?
Yes. Oman is our core operating region and we have team members in Muscat, supported by our delivery team in Kochi, India.
Do you work with government and public sector entities?
Yes. We support public and private sector entities across the Sultanate and the GCC, including regulated utilities.
How is pricing set?
Most clients choose a fixed fee for a defined scope; project and hourly options are also available. We quote after a free consultation.
Start with a free consultation. Email consult@panaceawfs.com with a short note on what you need, and a senior advisor will come back to you with the right engagement model and a fixed or hourly quote.