DUBAI SILICON OASIS FREE ZONE COMPANY FORMATION

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COMPANY REGISTRATION IN DUBAI SILICON OASIS

Established in 2004, Dubai Silicon Oasis Authority (DSOA) is a government-owned Free Zone that has evolved into the leading technology park in the region. With a perfect ecosystem for both work and living, DSOA offers a comprehensive range of incentives and advantages to organizations investing in this tech hub. Equipped with cutting-edge technology infrastructure, DSOA provides 24/7 support to businesses, boasting an advanced telecommunication network, fiber optic system, tier 3 data center, and a robust utility framework. Additionally, DSOA has the capacity to accommodate semiconductor manufacturing plants and light industrial units, offering customizable warehouses and office spaces to meet diverse investor needs. Conveniently connected to Dubai’s major highways, DSOA ensures quick and easy access for seamless transportation.

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    DUBAI SILICON OASIS INVESTOR BENEFITS

    •   No income tax or corporate tax
    •   No import-export tax
    •   No customs duty for Freezone imports
    •   100% foreign ownership
    •   100% profit repatriation
    •   Fast Company Formation
    •   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 Bank
    •   No Objection Certificate – for UAE Residents
    •   Company’s Business plan
    •   Any supporting documents upon the requirement

    TYPES OF LEGAL ENTITIES IN DUBAI SILICON OASIS

    DSOA offers a perfect ecosystem for technology and IT entrepreneurs to start their company in Dubai. The following company structure could be incorporated in the DSOA 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 DSOA 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 DSOA

    Investors looking to establish a company in DSOA have the flexibility to select from three comprehensive business license categories. This enables them to align their business activities with their specific objectives and requirements, fostering a conducive environment for growth and success.
    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

    DSOA is offering special license categories for regulating the activities in areas under the administrative zone of DSOA. ( 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 DSOA. (Areas owned by Private Developers)
    Entrepreneurial Business License
    A low-cost license package offered to the budding entrepreneurs and startups who are part of the DSOA’s incubator program.

    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 Authorities
    •   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 DSOA ( for FZE/ FZCO)

    FREEHOLD COMPANY SETUP IN DSOA

    To establish a company in a non-Dubai Silicon Oasis-owned facility under administrative governance, investors must submit an application to DSOA’s Freehold Licensing Division. For those interested in setting up a company within DSO’s freehold/lease facilities, this option presents a valuable opportunity.

    DSOA will issue a Company License, enabling investors to commence operations within the freehold area while adhering to all regulations. Experience seamless word choice, improved structure, enhanced readability, and eloquence, all while preserving the original meaning. Connect with our expert team to know more about the Freehold Leasing and Company Formation.

    HOW PRO CONSULTANCY CAN ASSIST YOU?

    Our highly skilled legal and business team will proactively guide you through the entire Company Formation process in DSOA. Rest assured, we will ensure a seamless and hassle-free company setup experience in Dubai Silicon Oasis.

     

    Reach out to us to learn more and take advantage of our unbeatable Company Formation Package for DSOA today!

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