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Dubai Silicon Oasis Company Formation

If you’re considering starting a business in the United Arab Emirates, then you’re already familiar with the country’s free zones. Free zones are available in all seven emirates of the UAE, offering amazing benefits for up to 50 years. Among these benefits are complete tax exemptions and no corporate tax on your income. There are no foreign exchange controls, and you can repatriate all your capital and profits.

What’s better than this? If you’re looking to start a business in an electronics-related field, Dubai Silicon Oasis Company Formation is the best place to begin. Dubai Silicon Oasis is designed to support all electronic-related industries and their value chains.

An Overview of Dubai Silicon Oasis

Dubai Silicon Oasis, also known as Silicon Oasis Dubai, was established in 2004 as a fully legal entity of the Dubai Government. To meet business requirements, significant investments have been made in this Dubai Silicon Oasis Free Zone to enhance infrastructure and provide world-class facilities for future investors. Dubai Silicon Oasis Free zone features warehouses, office spaces, and commercial and industrial areas. With improved road networks, DSO is just a short drive from central Dubai and connects seamlessly with the emirate’s major highways.

Dubai Silicon Oasis Free Zone is managed under the Dubai Silicon Oasis Company Formation Authority (DSOA). With a total commercial space of 90,740 sq. meters dedicated to offices, warehousing, and manufacturing, DSO has created a high-tech ecosystem in information technology and data sciences. Many large enterprises and business owners have established their offices here. Additionally, DSO offers a range of residential lifestyle facilities, including shopping complexes, swimming pools, community centers, educational institutes, hospitals, and tennis courts.

Dubai Silicon Oasis Authority Business Facilities:

  • Office Space
  • Conference Facilities
  • Land for Development
  • Manufacturing and Warehousing
  • Amenities
  • Residential Accommodation

Company Formation in Dubai Silicon Oasis

Like any other free zone, Dubai Silicon Oasis Freezone follows a structured process for business setup in Dubai. While the process is relatively simple, it requires careful attention to detail. Seeking advice from an experienced business consultant can streamline the process and help avoid potential mistakes. Setup Dubai Business specializes in assisting entrepreneurs and investors with Dubai Business Setup, ensuring smooth company registration, licensing, and compliance.

Dubai Silicon Oasis: Benefits for Business Owners

If you are a business owner or entrepreneur looking to start operations in Dubai Silicon Oasis, here are some key benefits:

  • 100% Ownership
  • 0% Corporate or Personal Tax
  • 100% Capital Repatriation
  • No Import/Export Tax
  • Electronic Design Automation Tools
  • Low Cost of Business Operation
  • Legal and Intellectual Property Support
  • On-Site IT Support
  • Competitive Lease Rates for High-Tech Companies
  • Microelectronics Lab
  • Plug-and-Play Office Space
  • Business-Friendly Environment
  • Highly Secured Infrastructure

Company Types in Dubai Silicon Oasis

To establish a company in Silicon Oasis Dubai, you must obtain a valid business license. Three types of licenses are available:

Branch

Any existing company can register a branch in Dubai Silicon Oasis Free Zone, whether based in the UAE or abroad. The business activities must align with the parent company.

Free Zone Establishment (FZE)

A single shareholder, either an individual or a corporation, can establish an FZE.

Free Zone Company (FZCO)

A minimum of two shareholders, either individuals or corporations, is required to form an FZCO.

License Types in Dubai Silicon Oasis

Dubai Silicon Oasis Freezone offers three types of licenses:

  • Service License: Allows registered entities to perform specified services.
  • Trade License: Allows entities to import, export, and distribute goods and items.
  • Industrial License: Permits the import of raw materials, manufacturing, processing, packaging, assembly, and export of final products.

Requirements for Dubai Silicon Oasis Company Formation

The following documents are required for Dubai Silicon Oasis Company Formation:

  • Letter of Intent
  • Existing Company Brochure (if available)
  • Application Form
  • Six-Month Bank Statement or Annual Financial Report of Shareholder(s)
  • Copy of Shareholders’ and Managers’ Recent CVs and Passports
  • Original Bank Reference Letter
  • Initial Approval (if required)
  • Business Plan
  • Legal Representation
  • No Objection Letter from Current Sponsor (for UAE residents)

Dubai Silicon Oasis: Setup Process

For Clients

  1. Submit the Application Form
  2. Document Submission and Fee Payment
  3. Sign the E-Agreement
  4. Sign the Share Capital Letter (for FZE/FZCO only)

For DSOA

  1. Document Pre-Approval
  2. Issue the E-Agreement
  3. Issue the E-License

In most cases, licenses are issued within two weeks. However, errors in the application can cause delays. Consulting with Setup Dubai Business ensures a smooth process.

Business Activities in Dubai Silicon Oasis

Before setting up your company, it is essential to check which business activities are allowed in Dubai Silicon Oasis Free Zone. The permitted activities include:

  • Automobile
  • Aerospace
  • Bio-Tech
  • Company Headquarters
  • Import/Export
  • Telecom
  • Electrical/Electronic
  • IT
  • Consultants
  • Financial Institutions
  • Law Firms
  • Marketing & Sales
  • Distribution
  • Oil & Gas
  • Mobile Startups
  • Testing & Checking
  • Packaging & Labeling
  • Support Offices & Training

Setup Dubai Business – DSO Company Formation Made Easy

While the Dubai Silicon Oasis Company Formation process is straightforward, many business owners make errors that can delay approval. These matters require legal expertise from a trusted consultant. Setup Dubai Business is a professional Business Setup Dubai firm specializing in Dubai Business Setup. We provide comprehensive assistance, including company registration, licensing, visa processing, and legal support.

Have any questions about Dubai Silicon Oasis Free Zone company formation?

Contact: Setup Dubai Business today! Drop your details, and our experts will get in touch with you.

How to Set Up a company in Dubai Silicon Oasis?

for more details call +971 55 378 8000 or e-mail us in info@ebsuae.com

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