Dubai Silicon Oasis Free Zone
Globally Recognized Technology Park
About DSO
Dubai Silicon Oasis DSO is a well-known free zone in the UAE. It offers high-quality living standards and an excellent work environment. DSO is a unique, world-renowned technology hub that combines innovation and creativity.
DSO has gained recognition because of its development in nanotechnology, electronics, optoelectronic technology, and photovoltaics.
DSO was set up with the modern technology-based industry in mind. It is suitable for businesses and investors that conduct activities in Microelectronics, Test and Assembly, Electronics Manufacturing Systems, and Optoelectronics-related fields.
Additionally, it has the proper setup for Fabless IC Design and Semiconductor Manufacturing.
Trading to Asia and Europe is accessible as it is near the Dubai International Airport, Port Rashid, and Jebel Ali Port. Thus, it is in an ideal location.
BENEFITS OF COMPANY FORMATION IN DUBAI SILICON OASIS FREE ZONE
You gain many advantages by setting up a company in DSO Free Zone. Let us discuss some of the most substantial ones for business setup:
100% Foreign Business Ownership
You can have 100% foreign ownership of your business in Dubai Silicon Oasis, which is one of the major reasons it attracts foreign investment from around the world.
Lower Corporate Tax Rate
Businesses in Dubai Silicon Oasis Free Zone need to pay a low corporate tax rate of 9% if their profits exceed the threshold of AED 375,000.
Thus, they can save substantial money by choosing the Dubai Silicon Oasis free trade zone.
Affordable Import and Export Duties
DSO has fairly low import and export duties, so businesses can easily import and export their goods.
Top Notch Facilities
In this free zone, businesses can avail top-notch facilities, such as luxurious office spaces, fast & reliable internet services, and exceptional industrial locations.
Collaboration and Network Expansion
As an investor, you find many opportunities to expand your network in the Dubai Silicon Oasis Authority.
Furthermore, it promotes collaboration through co-working spaces and incubators.
BUSINESS LICENSE TYPES IN DUBAI SILICON OASIS FREE ZONE
There are plenty of reasons to start your business in this free zone. However, you must choose the right license type before you can do so.
You have the options of trading, industrial, and service licenses. The nature of your business is the determining factor. Let us discuss the business license types available:
Trading License
A trading license is necessary to start a business that involves buying and selling goods. For example, import and export businesses, sales companies, and general stores operating in DSO.
Service License
You must get a service license if you offer medical or repair services. It is also necessary for artisans and craftsmen, such as beauty salons.
Industrial License
Manufacturing businesses in DSO need an industrial license. They convert materials into final products, such as precious metals.
Different Business Activities Permitted In DSO
- Aerospace
- Alternative Energy
- Automobile
- Biotechnology
- Consultancy & Business Development
- Consultants
- Data Centre
- EDA Tools
- Electrical Appliances & Equipment
- Engineering Related to Technology
- Finance Institutions
- General Activities
- IC Design
- Information Technology and Localization of Technologies
- Internet
- IP Protection
- IT Security
- Law Firms
- Logistics
- Microelectronics
- Mobile Technologies
- Oil and Gas
- Pharmaceutical
- Semiconductor
- Software Development & Solutions or Software-as-a-Service (SaaS)
- Talent Development and Recruitment
- Telecommunications Equipment
Types of company formation in Dubai Silicon Oasis (DSO)
There are various types of company formation in Dubai Silicon Oasis, including:
Free Zone Establishment (FZE)
A free zone establishment requires one shareholder for company formation.
Free Zone Company (FZC)
A free zone company must have at least 2 shareholders and a maximum of 50.
Branch of a Foreign Company
No minimum capital is needed to register a branch of a foreign company in the UAE.
The branch company should conduct the same business and duties as its parent company.
Branch of a Local Company
A branch of a local UAE company does not need minimum capital to register. The branch offices should conduct the same business and duties as the parent company in the UAE.
DUBAI SILICON OASIS FREE ZONE COMPANY FORMATION Process
To setup a company in Dubai Silicon Oasis, you need to follow these steps:
Step 1: Select a Company Formation Type
Before you can start your business operations, you know your company type. You can choose from the following options:
- Free Zone Establishment (FZE)
- Free Zone Company (FZCO)
- Branch of a Foreign Company
- Branch of a Local Company
Step 2: Finalize a Trade Name
Once you decide on your company type, you must choose a non-offensive name that complies with the regulations.
Step 3: Prepare Documents for submission
After reserving your company name, you need to register your company. Get the required documents in order. They may vary depending on your company type.
You must get the filled-out application form, passport copies and passport-sized photos of the company’s directors and shareholders.
Collect the Business License
The final step is to get the license. After obtaining the trade license, you can start your business operation in the Dubai Silicon Oasis Free Zone Authority without any hurdles. You can also open your business bank account for transactions.
WHY SET UP A COMPANY IN DSO WITH RFZ CSP?
Dubai Silicon Oasis Free Zone is a global trade hub. Foreign investors want to expand their business in this free zone.
Why not simplify the business setup process with RFZ? We offer quality services, including company registration, licensing, UAE residency and corporate bank account opening assistance.
Our business consultant will help you through the legal formalities of opening a company in Dubai.
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