Dubai Silicon Oasis Company Registration Service
Dubai Silicon Oasis Free Zone Company Formation : DSOA (Dubai Silicon Oasis Authority) is fully government-owned and established in 2004. It offers both working and living in an integrated community. Also considered to be ‘Free Zone Authority’ to offer companies operating in its tech park free trade zone benefits and incentives. Dubai Silicon Oasis Authority takes pride in promoting industries that are based upon modern technology within the urban master-planned community. It also offers in-house business services and state-of-the-art infrastructure.
The DSO proudly offers approximately 97,740 square meters of commercial space available for office lease. Moreover, it has established a high-tech ecosystem fostering technological innovation and collaboration. Within this ecosystem, six key elements play vital roles: medium-sized and startup enterprises, large organizations, incubation centers, universities, hi-tech infrastructure, venture capital funds, as well as business and government services.
Also present is a range of lifestyle and residential facilities in the DSO community, to include universities, schools, community centres, hospitals, tennis courts, swimming pools, shopping complexes, etc. The DSO community landscape also provides interconnected courtyards, green parks, and children’s play areas, apart from daily maintenance, round-the-clock security, and a well-knit road network.
Dubai Silicon Oasis business facilities
- Offices
- Multiple-Use Warehousing and Manufacturing
- Land for development
- Conference facilities
- Amenities
- Student Accommodation
Company types in Dubai Silicon Oasis
1- Branch
Any established company, whether based abroad or in the UAE, can register a Branch Office within the Dubai Silicon Oasis.The proposed branch activity within the ‘Dubai Silicon Oasis’ needs to be quite similar to that of the activities performed by its parent company.
2- Free Zone Establishment (FZE)
FZE (Free Zone Establishment): This is a single shareholder registered or incorporated legal entity, where the shareholder can be either a corporate or non-individual entity or an individual.
3- Free Zone Company (FZCO)
FZCO (Free Zone Company): To register or incorporate this legal entity, a minimum of two shareholders is necessary. Furthermore, these shareholders can include corporations, non-individuals, or individuals. Moreover, this requirement ensures flexibility in the structure and ownership of the entity.
Operating licenses in Dubai Silicon Oasis
- Trade License: It allows activities associated with export, import, and goods and item distribution specified within the license to be allowed for the registered entity.
- Service License: Only specified services are permitted to be carried out by the registered entity.
- Industrial License: The registered entity is allowed to manufacture, assemble, process, import raw materials, and export finished products and packages.
Special Licenses in Dubai Silicon Oasis
- EBL (Entrepreneurial Business License): It promotes young entrepreneurs to launch their businesses successfully through a range of support services and resources.
- Business Operation Permit: Firms operating within DSOA’s Administrative Zone (private developer-owned areas) require this special permit using a DED (Dubai Economic Department)-issued license.
Frequently Asked Questions
What is Dubai Silicon Oasis (DSO) Free Zone?
DSO is one of the government-owned free zones in Dubai. It offers modern infrastructure and business-friendly regulations for tech-focused and other businesses.
What types of companies can be registered in DSO?
You can register a Free Zone Establishment (FZE), Free Zone Company (FZCO) or either a branch of an existing local or foreign company in DSO.
What are the benefits of setting up a company in DSO Free Zone?
The benefits of setting up a company in DSO Free Zone are 100% foreign ownership, zero personal income tax, no import/ export duties and full repatriation of capital and profits.
What are the license types available in DSO Free Zone?
DSO offers various types of licenses such as Trade License, Service License, Industrial License and Entrepreneurial Business License.
How long does it take to register a company in DSO?
The entire registration process typically takes 5 to 10 business days if all documents are correct and complete.
What is the minimum capital requirement in DSO Free Zone?
The minimum capital requirement is AED 10,000 for a Free Zone Establishment (FZE) and AED 100,000 for a Free Zone Company (FZC).
Can I sponsor employees under my DSO company?
Of course, yes. All those companies registered in DSO can apply for and sponsor employee visas.
Do I need a physical office space in DSO?
Yes. DSO requires businesses to lease the physical or flexi-desk office space within the free zone.
Is audit submission mandatory for DSO companies?
Yes. Every year (i.e. annually) all DSO-registered companies must submit the audited financial statements.
Can I open a corporate bank account with a DSO company?
Yes, once your company is registered, you can open a corporate bank account in UAE. For that you need your trade license and legal documents.