b r a n c h e s

Monday - Saturday : 9.00am to 6.30pm

Call to our Experts: +971- 545057555

Dubai Silicon Oasis Company Formation DSO

Dubai Silicon Oasis Company Formation DSO was built up by the Government of Dubai in 2004 and is one-of-its-sort Free Zone presumed for world-class advancement, design, and improvement in the field of photovoltaic, nanotechnology, electronics optoelectronic technology, and supporting industries giving hardware and materials to the generation of data and correspondences advances utilizing semiconductors.

 

 It is the main technology park in the UAE to provide integrated living and working network. DSO was set up as a worldwide and collaborative initiative to encourage and advance modern technology-based industries in the Middle East, and provides the world’s best business climate to the whole electronics worth chain as exceptionally instructed work force and access to shared capital.

Dubai Silicon Oasis Company Formation DSO 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 Dubai Silicon Oasis Company Formation DSO

 

  • 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 Dubai Silicon Oasis Company Formation DSO

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

Dubai Silicon Oasis Company Formation DSO

Dubai Silicon Oasis Free Zone (DSO) provides excellent infrastructure, office spaces, and facilities predominantly for IT-based companies and industries. This government-owned free zone has residential spaces, shopping centers, malls, public services, educational institutions, and medical facilities. Being the technology facilitation center, Dubai Silicon Oasis Free Zone company setup can be advantageous in several ways. Internet, industrial, RBCM companies can consider DSO Free Zone jurisdiction for company formation.

 

Dubai Silicon Oasis Company Formation DSO in 3 easy steps

At LegalWorks we will assist you in every step of the Dubai Silicon Oasis company formation process from the documentation collection for initial approval to payment of registration and license fees. We hope to make the entire process easy and straightforward for you.

 

1. Apply for initial approval

Our team of specialists will take you step by step through the initial approval process. We will assist you in determining the license you require according to your business activity and the company structure best suited to your needs. Once this is decided we will help you select and register the company trade name. The initial approval requires the submission of a few documents such as the business plan, passport copy, certificate of incorporation, and registration fee.

 

2. Submit your online application

Once you have received the initial approval, then the license registration process for Dubai Silicon Oasis company set up can begin, and the required documents submitted. The documents needed for the license include Memorandum and Articles of Association, a comprehensive business plan, Emirates ID, and NOC from the resident visa sponsor.

 

3. Payment and collection of license

Our team will assist you in the payment of license fees. The general cost of a license is AED 12,000 but can vary slightly according to the nature of the activity. Once the payment is processed you will receive your license and can begin running your business

 

Cost of Dubai Silicon Oasis Company Formation DSO

Team up with LegalWorks to avail our DSOA company formation services to avail the best the free zone has to offer.

 

Registration fee

AED 5000

License fee 

AED 12,000

Emirates ID per visa

AED 370

MoA,  signature

 and insurance

AED 900

Establishment card 

AED 2000

Residence visa 

AED 3750

 

Types of Licenses Offered for Dubai Silicon Oasis Company Formation DSO free zone

Operating licenses:

  • Service License: This allows the registered entity to carry out only specified services.

  • Trade License: This allows the registered entity to practice activities that are related to the import, export, and distribution of items and goods as specified in the license.

  • Industrial License: This allows the registered entity to import raw material, manufacture, and process, assemble, package, and export the finished product.

 

Types of Business Licenses Available in Dubai Silicon Oasis Company Formation DSO

Once you have decided on the business activity to be performed, DSOA will provide you with one of the following types of business licenses:

1. Trade License

Any entity with a trade license can conduct business activities related to import, export, and distribution and storage of goods.

2. Service License

A service license allows an entity to carry out only specified services.

3. Industrial License

An industrial license holder can conduct manufacturing processes by importing raw materials and exporting finished products.

4. Business Operation Permit

This is a special license issued to the companies operating in the areas owned by private developers. The license is issued only to Department of Economic Development (DED) based companies.

5. Entrepreneurial Business License (EBL)

 

An EBL is a low-cost license which is granted in return for a small stake in the applicant’s business. This type of license is provided to encourage the young businesses by offering support services and resources.

Process in Dubai Silicon Oasis Company Formation DSO

Dubai Silicon Oasis Authority sets out certain procedures and documents to be followed before registering any kind of businesses in DSO. The business setup procedure is as follows:

  1. Submit an application for initial approval by providing relevant documents to DSOA

  2. Once you receive the initial approval, you need to pay a certain amount of fees and submit the legal documents

  3. You need to sign the lease agreement issued by DSOA and return the same

  4. The required business license will be issued by DSOA

Note: The whole registration process takes 7 to 10 days.

 

 

Contact us for Dubai Silicon Oasis Company Formation DSO

We at BCM Corporate services LLC, extend our quality services to our clients with well experienced & qualified Business consultants with rich expertise in document attestation Services in Dubai so that Dubai Silicon Oasis Company Formation DSO

client’s requirements of Business setup in Dubai. can be completed on time with satisfactory Results outcome. Please feel free to reach us for your Business setup and  Bookkeeping and Accounting Firms in Dubai requirements on our email id: info@branches.ae or call us on +971502585921

WhatsApp

+971-551196792

 

 

Go To Top