DUBAI SILICON OASIS COMPANY FORMATION
Shuraa's team can guide you through business setup in the Dubai Silicon Oasis free zone, including licensing costs, without any hassle.
Business Setup in Dubai Silicon Oasis
Dubai Silicon Oasis is a free zone jurisdiction under the control of Dubai Silicon Oasis Authority (DSOA). It is located on the road connecting Dubai to Al Ain and provides residential, commercial, and industrial spaces. 100% owned by the government, Dubai Silicon Oasis Authority aims to promote modern technology-based industries in an urban master-planned community with state-of-the-art infrastructure and in-house business services.
It is a well-planned community spread over 7.2 million square metres. The free zone is divided into industries, commercial space, educational institutes, residential areas, and public facilities.
The free zone mainly focuses on technology, electronics, and engineering sectors, and it is perfect for businesses related to these fields. Dubai plans to promote an innovation-led economy, supporting the region’s demand for business expansion, and envisions the free zone as a technological park that provides an integrated community with a mixture of residential and commercial platforms, adding to the enhancement of the region.
The regulatory body, Dubai Silicon Oasis Authority (DSOA), offers state-of-the-art and technologically progressive infrastructure, support with business investments, funding and capital, and access to expert monitoring and more.
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How to set up your business in Dubai Silicon Oasis free zone
If you’re looking to set up a business in the Dubai Silicon Oasis (DSO) free zone, here’s a step-by-step process that you can follow:
- 1. Application Filing: Fill out the application form and submit it.
- 2. Document Preparation: Obtain pre-approval documents from the Dubai Silicon Oasis Authority.
- 3. Submit it to the authorities: Submit the necessary legal documents and pay the required fee.
- 4. Sign the E-agreement: Receive an e-agreement from the DSOA. Sign the e-agreement and share the capital letter (only applicable for FZE and FZCO).
- 5. Obtain an e-license: Your license is ready and now you’re prepared to grow your business in the heart of Dubai.
Shuraa has helped numerous businesses obtain the DSO free zone license with ease. You can reach out to our experts for a smooth process.
Legal entities permitted in the DSO free zone
- Branch office: Companies from all over the world can open their branch in DSO. However, the branch’s activities must match the parent company’s activities.
- Free Zone Establishment (FZE): It is an entity that can only be owned by a single shareholder. They may be either individuals or corporations.
- Free Zone Company (FZC): When two shareholders open a legal entity, they can be individuals or non-individual(s)/corporate.
DSO Free Zone Facilities
- Premium Industrial Units
- Warehouses
- Office Spaces
- Work Stations (subject to availability)
Benefits of Business Setup in Dubai Silicon Oasis
The free zone features advanced communications, connectivity, electricity, and networks. Moreover, Dubai Silicon Oasis is designed as a hi-tech ecosystem technological park offering the best of Dubai free zone company registration, with a plethora of advantages.
Some of the advantages of business setup in Dubai Silicon Oasis free zone include the following:
- 100% foreign ownership
- No personal, income, or corporate taxes
- Full repatriation of capital and profits
- Strategic location boosting opportunities
- Leasing options
- Simple and quick set-up process
- Innovative infrastructures
- Exemption from all import and export duties; however, you can’t import into the mainland
Business Activities Permitted in the DSO Free Zone
DSO free zone permits various activities to be conducted in the jurisdiction, including:
- Hospitality
- Marketing
- Trading
- Waste Management
- Tourism
- Education
- Hospitality
- Marketing
- Trading
- Waste Management
- Tourism
- Education
- Consultancy
- Logistics
- Office Manufacturing
- Transport
- Aviation
- Health
- Storage
- Consultancy
- Logistics
- Office Manufacturing
- Transport
- Aviation
- Health
- Storage
Notably, the DSO free zone stands out as one of the select free zones where it is possible to integrate both professional and commercial activities under a single license.
Dubai Silicon Oasis Business Setup Cost
The Dubai Silicon Oasis free zone license cost ranges from AED 11,900* onwards. The license is economical and simple to acquire. The various licenses issued by the DSO authorities include:
- Service License
- Trade License
- Industrial License
Business Activities Permitted in the DSO Free Zone
The number of visas your company can obtain will depend upon the size of your office space and other factors such as shareholders, employee count etc. The Dubai Silicon Oasis free zone visa cost is affordable and costs start from AED 3,750*.
DSO Free Zone License Renewal
The renewal process for businesses in the DSO-free zone is highly cost-effective and straightforward. You will be required to submit an audit report on an annual basis, starting from the second renewal of your company.
To complete the renewal process for your company, you must pay the renewal fee and submit the signed lease agreement for your facility. An advantage is that your physical presence in the UAE isn’t required for renewal and can be completed through an agent.
For information on the different business setup options available in Dubai Silicon Oasis, get in touch with Shuraa – a top business setup company in Dubai. Shuraa can help address your business concerns and provide solutions tailored to your specific needs for forming a company in the UAE.
To get started on your business journey and find out more, contact our expert consultants at +97144081900 or send a WhatsApp message to +971507775554. You can also drop in an email at [email protected] and get your queries answered in no time.
Frequently Asked Questions
Yes, you can renew your license remotely using a registered agent with just an authorisation letter and renewal fees.
Getting your license to start your business in the DSO-free zone takes less than a week.
No, you have 100 % ownership and are not required to have a local partner to start your company.
Transferring your company from one free zone to another is impossible. You can, however, set up a branch of your existing company in a different free zone.
If you want to have your company in a different free zone, you must liquidate your company in the current free zone and then open your company in a separate free zone.
Yes, having an office space is a requirement to set up a business in the UAE. Some various options and packages come with choosing the right office for the right amount to suit your company.
Dubai Silicon Oasis (DSO) Authority offers a plethora of lifestyle and residential options for people who want to settle their business or just live there. You can get access to world-class schools, shopping complexes, universities, hospitals, community centres, swimming pools and golfing etc.
Dubai Silicon Oasis (DSO) Authority is not offshore. It's a free zone in the central part of Dubai, owned by the Dubai Government.
