Address: Office No. 3705, Citadel Tower, Business Bay P.O. Box: 34988, Dubai, UAE, 34988 AE
Email: Rupa@blackswanbss.com
Website: https://bss.blackswanbss.com
Facebook: https://www.facebook.com/blackswan201/
Phone: +971 52 244 7757
Company: Black Swan Business Setup Services L.L.C
Dubai’s government formed this exclusive Free Zone in 2004. It has been scaling up since then. DSOA (Dubai Silicon Oasis Authority) is an organization to monitor business activities and to issue licenses. It has a constant focus to develop and expand the zone. DSOA introduces the investor-centric improvements.
Incentives and extra advantages are offered by jurisdiction that has the fortifying factor in several expat entrepreneurs.
Silicon Park is the first smart city of Dubai, which is located in the Dubai Silicon Oasis. Spaces and best facilities are provided in the IT firms that aids the company to perform and flourish well.
Silicon Park is located in the Central Square. The custom-designed buildings give a premium appeal to the companies. Any resident business person or expat can rent the space to establish a main office or headquarters in this enclave. The serviced office space helps businesses to start operations from its first day.
Main facilities in Dubai Silicon Oasis Free Zone are:
- Workstations for IT firms
- Office spaces
- Spaces for light industrial activities
- FZE (Free Zone Establishment)- The FZE is set up by an entity or a single shareholder. They don't require more resident partners or expat to incorporate a Free Zone Establishment in DSO.
- FZC (Free Zone Company)- These companies are formed with two individuals or with the partnership of two, to form a business setup in the free zone.
- Branch Office- The company with a parent organization is located in the UAE or foreign country to start a branch in DSO Free Zone. The business activities of a branch must be similar to the main organization.
Operating Licenses Of DSO
The companies in DSO should get relevant licenses from its authority. The companies and businesses which are established in the mainland with the license from DED should get an operation permit to function in the DSO.Types Of Licenses
- Service License- Entrepreneurs who plan for the service business setup in DSO, should get a service license.
- Industrial License- There are light industrial spaces in DSO. Companies aiming to assemble and manufacture must require an industrial license in Dubai. It's the basis to import raw components and materials, distribution, packaging of products and exports.
- Trading License- It includes export, import, warehousing, distribution and re-export that requires a trading license by the business firm from DSO.
Benefits Of Company Formation In DSO
- Complete ownership of the company
- No taxes
- Complete repatriation of profits and capital
- Exemption from taxes and customs duty
- Quick business setup
- State of the art infrastructure
- Optimal growth prospects in thriving market
- Low operational costs and Establishment
Documents Needed For DSO Free Zone Company Setup
- Residency visa page
- Copy of shareholders' passport
- NOC from current employer
- General Trading License in Dubai
- Get Trading License in Dubai UAE
- Advantages of Setting up a General Trading License in Dubai
- Benefits of Getting a Trading License in Dubai
- Industrial License in Dubai
- Food Stuffs License in Dubai
- Food Truck License in Dubai
- Pharmacy License in Dubai
- General Trading License in Dubai
- Grocery License in Dubai
- Import Export License in Dubai
- Commercial License in Dubai
- Ecommerce License in Dubai
- Setting up Import Export License in Dubai
- HR Consultancy License in Dubai
- Management Consultancy License in Dubai
- Manpower License in Dubai
- Recruitment Agency License in Dubai
- Rent a Car License in Dubai
- Nursery License in Dubai
- Tourism License in Dubai
- Freelancer License in Dubai
- Tourism & Travel Agency License in Dubai
- Diamond & Gold Trading License in Dubai
- Private Clinic License in Dubai
- Construction License in Dubai
- Gold Trade License in Dubai
- Professional License in Dubai
- Home Based Business License in Dubai
- Technical Service License in Dubai
- Consulting Business License in Dubai
- Supermarket License in Dubai
Oman Ministry of Commerce And Industry brought in a new Foreign Capital Investment Law effective from 2nd January 2020. It aims to make Oman an attractive investment environment. This law ensures the stability of foreign investment in the country. New Law has many incentives and benefits to foreign investments that provide stability and business flow in the Sultanate which has an impact on economic development.
Requirements For A Complete Foreign Ownership In Oman
Since January 2020, foreign companies, investors and citizens in Oman are able to hold 100% of their businesses in several industries in the mainland of Oman. A few activities of the mainland are reserved for Omanis, other activities need a local Omani partner who has a minority shareholding. There are several Oman Free zone areas. Refer our pages on Oman Free zones for more details. A list of 40 activities are reserved for the Omanis in different sectors like translation services, manpower recruitment and tailoring. These lists are amended by the executive regulations by 30 July 2020.Consultancy Activities In Oman
All kinds of consultancy activities need a Local Omani shareholder and their requirements remain the same. An investor or foreign company can set up a consultancy office in partnership with an individual or Omani company. The Omani partner must hold 35% of shares in the new company. OMR 150,000 must be available as the proof of funds.Documents Needed For Individual Shareholders
- Passport copy of the individual.
- Trade license
- Certificate of Incorporation
- Memorandum of Association
- Board Resolution and Power of attorney
- Certificate of equivalent or Incumbency
- Investment costs
- Project description
- Date to start project
- Shareholding structure along with nationality and holdings for corporate or individual shareholders.
- Proposed Company Name.
- The proposed Company grade ( 4 to 1), and has an excellent grade above 1.
- OMR of 20,000 for Grade 4 and OMR of 150,000 for Grade 1, and for excellent grade OMR of 250,000.
- Share capital need not be deposited before the company's opening.
- The Grade of the company affects the Omanisation requirements and the activities that the company obtains.
- Confirmation of the Company’s Financial Year.
- Proposed activities of company.
- Authorised signs & the manager of the company, who has the level of control in business (from admin to manager).
- Form is authorised and shared by the shareholders.
Steps To Set Up An Oman's Complete Foreign Owned LLC Company
- Document preparation
- Initial approval and trade name (Commercial Registration with MOCI), CR application form and business plan.
- Chamber of Commerce Registration.
- Warehouse or Office Lease Arrangement.
- Need of Completed CR and Lease Agreement- Municipality License Application. In this stage, the company is fully registered.
- Ministry of Finance Registration (register with MOF for annual audit and tax department).
- Ministry of Manpower (apply for labour quota and get staff visas).
- PRO registration in CR to apply for visas with the Royal Oman Police. It is individually named Omani PRO.
- Extra external approval based on the company's activities. (Oman's Customs registration to trade and import goods).
Fees To Set Up An Oman's Complete Foreign Owned Company
- Government registration fee - OMR 3500.
- Cost of the Municipality License depends on the lease values and company's activities.
- OR 20 for the registration fee of Omani Customs Government.
How Can Black Swan help?
Get in touch with us to set up a 100% foreign owned company in Oman or for share transfers for restructuring existing companies.
Oman is also known as the Sultanate of Oman which is the traditional cousin of the UAE. Bound by the waters of the Persian Gulf and the Arabian Sea. Oman has a large immigrant population crossing over 45%. Muscat is a metropolitan city with 1.3 million residents. Salalah is another big city which is home to large immigrants. The sovereign ruler of the nation is Sultan Qaboos bin Said al Said. He's the longest-serving ruler of the Arab world. English is widely spoken although Arabic is the official language.
Introduction of service to private enterprises and individuals who wish to open the health institution.
All healthcare facilities in Oman are governed and licensed by the Ministry of Health in Oman. We offer required assistance to open the medical clinic / new healthcare center to get Oman's business license. We can complete the licensing requirements for setting up a healthcare facility in Oman.
Request A License To Operate The Private Healthcare Center
Any individual or business which wishes to open a healthcare establishment can follow these steps.Steps To Request The Service
Process Steps
- Submit the request for authorization to open the private health institution to the Director of Public Service.
- Complete the Mobilization Application Form.
- If asked for a license to open the private hospital, you must submit a written speech to show the capacity of clinical & health services & human resources proposed for the hospital.
- Copy of commercial registration submission.
- Pay fees on approval of the request.
- Preview site for private health institution.
- Get the lease from the municipality and submit it.
- Name reservation of the private health institution.
- Submit the proof for the commercial registration to the Ministry of Trade and Industry.
- Process health institution as per the requirements of the Ministry of Health.
- The request for a final technical inspection must be submitted.
- Get the operating license of the health institution.
Procedures and forms to be updated
Application form to get a license to open a health institution.Documents Required
- Passport or ID card Copy.
- Commercial Registration Copy.
- Passport copy For non-Omanis.
- 2 Photographs.
Special conditions
- The applicant should be of 18 years.
- Cheques are not accepted.
- Commercial Registration
Overview
We guide investors who are interested in higher education with suitable rules and regulations, study and receive their applications, and refer them to the Council of Higher Education for decision.Who is eligible for this service?
Omani and non-Omani people can invest in this field.Process Steps
- Submit application and needed documents to establish the higher education institution.
- IPLD (Institutional & Programmes Licensing Dept) examines the application.
- Institutional & Programmes Licensing Dept submit its project report to the Minister of MOHE.
- The Minister forwards the project to the Council of Higher Education.
- Applicants get notified with the Council's decision.
- Procedures and forms are required to apply for the service.
- Application form to establish a private higher education.
Documents Needed
- Request from incorporators to start the project and authorize to follow up.
- Resumes and names of the investment percentages and incorporators.
- Incorporators must not withdraw for 5 years after beginning to operate the institute.
- Feasibility study done by an approved consultant.
- MOU between the affiliates and under construction establishment.
When does the service get processed?
Anytime of the year.How long does it take?
It depends on the applicant’s response while providing credentials and data by the Ministry. It depends on the sound feasibility and meeting sessions of the Council's Higher Education. Fees To Pay: Description fee.FAQs
1. What are the conditions to establish a college or a private university? On the 21st of Feb.2007, the Higher Education Council approved the conditions to establish the private higher educational institutions. The focus is to establish top level universities. The colleges with limited capacities are not supported as they require strong financial support and result in weak competition. Expansion of private higher education institutions must be reduced. 2. Do they have any specific forms? Yes. 3. How to get approval? On completion of needed documents, a report is submitted to the Minister of Higher Education, who can raise his comments. The incorporators will inform the decision about higher education from the Council.Facilities To Establish These Establishment
The Omani government will grant the land to establish an institution of higher education. These institutions are exempted from taxes and fees. Private universities get awarded with 50% capital, and not exceeding three million Omani riyals. Investors are guided to process the request. They are provided with regulations, conditions and required forms.
Here is the path to economy variation and advantage of strategic position of Sultanate, considering its benefits of foreign investment, the Government adopted the idea to establish Free zones in many regions of Sultanate such as:
- Sohar Industrial Port
- Salalah Free Zone
- Masandam Free Zone
- Mazyona Free Zone
These zones are attractive zones, because of the completed infrastructure.
There are several opportunities in educational projects, services projects, gas, oil, tourism, health, and information technology shown as:
Essential Setup Services
- Available opportunities for Architecture and Quantity Survey and Contractors.
- The bridges, high southern way, and way networking.
- Drainage and Dams network.
- Water resources improvement.
- Water sweetening stations.
- Commercial buildings, houses, and shopping centers.
- New extensions, ports, and airports.
Health And Education Services
Oil and Gas services
- Available opportunities for purchases, Engineering contracting, logistics support and training.
- Production.
- Transport.
- Investigation.
- Maintenance and services.
- Invention technology.
- Projects of lower cleft.
Tourism Services
- Public relations.
- Advertisements.
- Managing activities.
- MICE.
- Operating trips.
- Operating hotels.
- Al Mawj Recreation Place.
- Operating recreational restaurants.
- Blue City.
- Muscat Golf Club.
- Rass Al Had.
- Al Seefa Recreation.
- Conference center.
- Al Salam Recreation.
- Shinas Recreation.
- Ras Al Hamra Recreation.
Information Technology Services
- Call center of comprehensive training.
- Information Technology consultancy.
- Management system of data center.
- Program improvement.
- Business procedures resources.
- Higher education.
- Electronic legislation.
- National services via the internet.
- The one station service.
- Electronic tenders.
- Electronically pushed gate.
Other services
- Specialized industrial training.
- Professional management.
- World trade.
- Capital Investments.
- Insurance services.
- Logistic support.
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