Under the CCL, all Omani joint stock companies are required to have an auditor review
their accounts.
In contrast, Omani LLCs are required to have an auditor only if they meet one or more of the following criteria:
- the Omani LLC has more than ten shareholders;
- the Omani LLC’s capital exceeds RO 50,000;
- the Omani LLC’s constitutive contract requires the appointment of an auditor; or
- one or more of the Omani LLC’s shareholders, representing at least 20% of the Omani LLC’s capital, requests the appointment of an auditor.
