RAYSolute sets up Central Board of Secondary Education (CBSE) schools in Oman, managing Ministry of Education (MoE) approval and CBSE overseas affiliation for promoters targeting Oman's growing Indian expatriate communities.
Oman's approximately 679,000 Indian residents (Source: Ministry of External Affairs, Population of Overseas Indians, Jan 2026) are served by 22 Indian/Central Board of Secondary Education (CBSE) affiliated schools, all operated as non-profit community trusts under the Board of Directors Indian Schools Oman (Source: Board of Directors, Indian Schools in Oman, 2026). Educational services are exempt from Oman's 5% Value Added Tax (VAT) (Source: Oman VAT Law, Royal Decree 121/2020), institutional land is granted on long-term government usufruct rather than freehold purchase, and the Sultan Haitham City masterplan reserves 39 school sites, of which 9 are designated private (Source: Oman Ministry of Housing and Urban Planning, Sultan Haitham City masterplan). Note that education is no longer exempt from Oman's 15% corporate income tax: that exemption was withdrawn for tax years beginning after 31 December 2016 (Source: PwC Worldwide Tax Summaries, Oman, Jul 2026). Oman is a long-term opportunity for patient capital, not a tax-arbitrage play.
All 22 Indian/CBSE-affiliated schools operate as non-profit community organizations under the Board of Directors Indian Schools Oman, governing roughly 47,000-48,000 students. Indian School Muscat (ISM), with 9,200+ students, is the largest co-educational Indian school in the Gulf (Source: Indian School Muscat, 2026). This structure has suppressed fees to OMR 400-720/year.
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