Dubai Silicon Oasis
Dubai Silicon Oasis (DSO) is a dynamic business hub housing many multinational companies and startups. It is a vibrant community with co-working spaces, office buildings, apartments, educational institutions, residential projects and more.
It is one of the top-rated technology and digital parks in the region. The DSO Free Zone offers a perfect blend of working and living. The IT parks, Educational Institutions, and media centres all collaborate and work together.
The lifestyle is top class, and the infrastructure is perfect for a technology startup, IT Consultancy, creative and media business, etc.
The Free Zone offers several company formation packages for investors. The DSO Free Zone offers a host of business incentives and advantages to the organisations investing in the tech park.
Also, the Free Zone is equipped with industry-leading technology infrastructure to support the business establishments 24/7. The Free Zone has an in-house data centre installed for heavy-duty IT Application testing and data management.
Additionally, the Free Zone premises also have facilities such as a full capacity Semiconductor Manufacturing Plant and several light industrial units. These customizable industrial units and warehouses provide the perfect infrastructure for IT hardware companies and IT System manufacturers.
Also, the DSO is fully connected with a network of roads. It allows quick and easy access to Dubai’s major highways.
Dubai Silicon Oasis Investor Benefits
- No customs duty for Freezone imports
- 100% foreign ownership
- 100% profit repatriation
- Offices & Warehouses – Co-working space, furnished office, Shared desks, warehouses, Light manufacturing units
- Networking and Community-building events
- Advanced IT infrastructure with network security
- Access to a pool of talent in the technical and engineering sector
- World-Class development and Research centers
- Investment incentives by venture capitalists for startups
Documents Required for Company Formation in Dubai Silicon Oasis
- Company Formation Application Form
- Passport Copy
- Letter of Intent (optional)
- Bank Statement/reference letter from the Bank in the home country
- KYC Form (duly filled up)
- NOC from employer – if shareholder is already working in the UAE
- Company's Business plan
- Any supporting documents upon request
Types of Legal Entities in Dubai Silicon Oasis
DSO offers a perfect ecosystem for technology and IT entrepreneurs to start their company in Dubai. The following company structure could be incorporated in the DSO Free Zone:
- Free Zone Establishment (FZE) - Single shareholder (Individual/Corporate)
- Free Zone Company (FZC/ FZCO) - Entity with 2 to 5 shareholders (Individual/Corporates)
- Branch of a Foreign Company - A UAE based or foreign company can register its branch in the DSO without any capital requirement. (The activity chosen has to be the same as the parent company)
- Branch of a Local Company – A company registered in Dubai Mainland
Types of Licenses issued for Business Setup in DSO
For the Company Formation in DSO, investors can choose from three broad business license categories
Service License - For companies such as accounting, consultants, legal, marketing, IT Services, etc
Industrial License - For export-import of raw materials, manufacturing, assembling units, packaging units, etc.
Trade License - For distribution and sale of items under specified license (engineering equipment, heavy machinery, general trading)
Special License Categories in Dubai Silicon Oasis
DSO is offering special license categories for regulating the activities in areas under the administrative zone of DSO. ( areas owned by private developers). They are the following:
Business Operation Permit
A special permit issued by the Dubai Economic Department (DED) to companies operating in the Administrative Zone of DSO. (Areas owned by Private Developers)
Entrepreneurial Business License
The DSO has an incubator program for budding entrepreneurs. They have a low-cost business license package focused on new-age entrepreneurs as part of their entrepreneurial business initiatives.
Dubai Silicon Oasis - Steps in Company Formation
Company Formation in the Dubai Silicon Oasis follows a 3 step process.
- Submit the application form with all the required documents to the Dubai Silicon Oasis
- Payment of related fees and submission of other legal documents
- Lease Agreement preparation & signature followed by preparation of Share capital letter and submission to the DSO (for FZE/ FZCO)
Freehold Company Setup in DSO
Investors who wish to set up a company in a private facility within the freehold/lease facilities of DSO could leverage the Freehold Company Setup option.
Investors can set up a company in a facility in the Mainland of Dubai that is not owned by Dubai Silicon Oasis. The investors must get a permit along with their DSO license agreement.
Thus, enabling the investors to take an office space outside of DSO premises for running the business. Connect with our expert team to know more about the Freehold Leasing and Company Formation.
How Aurion Will Assist you?
Our expert Business Consultants will proactively guide you throughout the complete Company Formation process in DSO. We will ensure you have a hassle-free company setup in Dubai Silicon Oasis
Talk to us to know more about the company formation process in DSO. Also, avail our all-time low Company Formation Package for DSO right away!
