Our Primary Functions
FTCO's primary functions are driven by a commitment to excellence, integrity, and the pursuit of a financially secure Oman. Join us in fortifying the foundations of our nation's economic prosperity.
Tax Regulation and Compliance
FTCO is entrusted with the responsibility of ensuring adherence to tax regulations across Oman. We implement and enforce tax laws, conducting thorough audits and investigations to promote fair and transparent tax practices. Our goal is to create an environment where individuals and businesses contribute equitably to the nation's fiscal well-being.
Money Laundering Prevention
As a key player in Oman's financial landscape, we are dedicated to thwarting money laundering activities. FTCO implements rigorous measures to detect and prevent the illegal movement of funds, working in collaboration with financial institutions and international partners to safeguard the integrity of our financial system.
Financial Crime Investigation
FTCO is at the forefront of investigating and combating various financial crimes, including fraud, embezzlement, and corruption. Our experienced team employs advanced tools and techniques to uncover illicit financial activities, ensuring that perpetrators are held accountable for their actions.
Education and Awareness
We believe that an informed public is essential for a resilient financial ecosystem. FTCO actively engages in educational initiatives, providing resources and information to businesses, individuals, and the public. By raising awareness about financial regulations and the consequences of non-compliance, we contribute to building a culture of financial responsibility.
Policy Advocacy
FTCO collaborates with government bodies to shape and advocate for policies that strengthen Oman's financial resilience. We actively participate in discussions and provide insights to policymakers, contributing to the development of robust frameworks that deter financial crimes and foster economic stability.
International Collaboration
Recognizing the global nature of financial crimes, FTCO actively engages in international collaboration. We work closely with other countries, international organizations, and law enforcement agencies to share information, intelligence, and best practices, ensuring a coordinated effort against transnational financial threats.