Dubai Silicon Oasis Authority Company Formation
Dubai Silicon Oasis Authority, a 100% government-owned free zone that promotes modern technology based industries with urban master-planned community, state-of-the-art infrastructure and in-house business services.
It caters to the need of tech industries in the Free Zone, ranging in the industries of advanced telecommunications, bio-tech, engineering, aerospace, alternative energy and oil and gas.
SAP, Fujitsu, AMD, Euromonitor International, Western Digital, Synopsys, Corning, Schneider Electric and Valustrat are some of the companies operating here.
BENEFITS OF DUBAI SILICON OASIS AUTHORITY COMPANY FORMATION
- 100% foreign ownership
- 100% repatriation of capital
- Zero income tax
- Zero corporate tax
- No import or export tax
- Low cost of operations
- State of the art IT infrastructure and facilities with tier 3 data centre
- Fast-track business set-up & licensing
- Dedicated business support services including integrated online E-Business system offering tenants fast and efficient services at the touch of a button
- Access to regional pool of talented technical and engineering professionals
- Stable and clear regulation
- Access to consumer markets of 5 billion people (Middle East, North Africa and Indian subcontinent).
FEATURES OF DUBAI SILICON OASIS AUTHORITY COMPANY FORMATION
Businesses operating can avail Free Zone benefits while setting up company headquarters, offices, trainings, import and export channels, distribution centres, assembly lines and so on. DSO offers an array of high-quality facilities to businesses operating within the technology park with state-of-the-art infrastructure, systems and equipment. Furthermore, DSO offers an eco-friendly and clean location with buildings being constructed to global energy saving standards and daily maintenance carried out to ensure a pristine business environment. DSO facilities include:
- Multiple-Use Warehousing and Manufacturing
- Land for development
- Conference facilities
- Student Accommodation
TYPES OF ENTITIES ALLOWED TO REGISTER FOR DUBAI SILICON OASIS AUTHORITY COMPANY FORMATION
Any established company, whether in the UAE or abroad, can register its branch in the Dubai Silicon Oasis. The activity of the branch proposes to conduct in the Dubai Silicon Oasis is required to be identical to the activity conducted by the parent company.
FREE ZONE ESTABLISHMENT (FZE)
An FZE is a legal entity incorporated/registered by a single shareholder. The shareholder can either be an individual or a non-individual/corporate.
FREE ZONE COMPANY (FZCO)
An FZCO is a legal entity incorporated/registered with a minimum of two shareholders. Shareholders can be either individuals or non-individual(s)/corporate.
DED REGISTERED COMPANIES
Companies already established with the Dubai Economic Department (DED) and who wish to operate in the The Administrative Zone in DSO (i.e. in non-DSOA property) should apply for a Business Operation Permit.
LICENSE TYPES UNDER DUBAI SILICON OASIS AUTHORITY COMPANY FORMATION
Companies looking to set up within the zone can choose from three types of licences, which can be selected according to the company’s operational requirements. It is important to note that branch entities are only entitled to conduct activity within the parent company’s activities.
Service Licence: This allows the registered entity to carry out only specified services.
Trade Licence: This allows the registered entity to practice activities which are related to import, export, and distribution of items and goods as specified in the licence.
Industrial Licence: This allows the registered entity to import raw material, manufacture, and process, assemble, package and export the finished product.
Business Operation Permit: This is a special permit for companies operating in The Administrative Zone of DSOA (areas owned by private developers) using a licence issued by the Dubai Economic Department (DED). This licence is issued based on the licence issued by Dubai Economic Department. No share capital is required for this type of licence.
Entrepreneurial Business Licence: An EBL licence is designed to accelerate the successful development of young entrepreneurs and their businesses through an array of support resources and services. This licence is only available for members of DSO’s incubator program and involves a low cost licence in return for a small stake in the business. For more information entrepreneurial licences please see our start up & entrepreneurial support section.