Business Setup in Knowledge Oasis Muscat - Register in 1 Week

The key documents required for KOM Company Registration in Oman include a letter of intent, a duly completed application form, and a detailed three-year business plan outlining the proposed activities. Applicants must also submit the investor’s profile, the company profile, and, if available, referral letters from three Omani clients along with the company’s latest annual or audited report.

The process for business setup in Knowledge Oasis Muscat (KOM) begins with selecting the appropriate business activity, such as IT, education, or consultancy, in line with your business goals. Next, you must choose a suitable legal structure, such as an LLC, branch office, or sole proprietorship.
After finalizing the structure, you need to submit the business registration application along with required documents like your business plan, passport copies, and constitutional documents. Once approved, you can obtain the necessary business license. You will then rent office space within KOM. options include co-working spaces, incubators, or private offices and finally open a corporate bank account in Oman to manage business transactions.

The eligibility for setting up a business in Knowledge Oasis Muscat Free Zone requires the company to operate in a genuine technology or knowledge-based sector and actively engage in research, development, or commercialization of Information and Communications Technology (ICT).
The business should focus on designing or developing products and processes in areas such as telecommunications, IT, internet services, new media, or related technology fields. Additionally, at least 25% of the workforce must consist of qualified knowledge professionals, including technologists, scientists, or engineers. While primary technology companies form the core of the free zone, secondary tenants are also permitted if they provide essential support services such as financial, professional, or other convenience services to the primary tenants.

No, Knowledge Oasis is not only for setting up tech companies, but it welcomes a wide range of industries and is designed to support innovation across multiple sectors. However, it is primarily known as a technology park.

Yes, at KOM, foreign investors can own full ownership of the business established in the Knowledge Oasis Muscat, especially when the chosen businesses align with Oman’s Vision 2040 goals. While the regulations may vary depending on the chosen business activity.

A dedicated program called ‘The Knowledge Mine’ (TKM) benefits entrepreneurs and startups to enjoy mentorship, subsidized office space, seed funding opportunities and access to a supportive innovation network.

Yes, you can relocate your business to Knowledge Oasis Muscat KOM, provided the business is already registered in Oman, and you may also be required to amend the trade license and register the business with KOM’s management.

In general, the time taken for a Knowledge Oasis Muscat license process to complete is 7 to 15 working days. However, this timing may also vary depending upon the types of business activity, business license and various other necessary approvals from the concerned authorities.

KOM Company Registration in Oman are eligible to obtain government incentives, tax benefits, and grants under Oman’s initiatives to attract foreign direct investment (FDI).