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Dubai Silicon Oasis Free Zone Company Formation

Dubai Silicon Oasis Free Zone Company Formation

COMPANY FORMATION LICENSE & REGISTRATION

Dubai Silicon Oasis Company Formation

Dubai Silicon Oasis company formationDSOA (Dubai Silicon Oasis Authority) is fully Government of Dubai owned and established in 2004. It offers both working and living integrated community. It is also considered to be ‘Free Zone Authority’ to offer companies operating in its tech park with free trade zone benefits and incentives. Dubai Silicon Oasis Authority takes pride in promoting industries that are based upon modern technology within the urban master planned community. It also offers in-house business services and state of the art infrastructure.

The DSO does boast of providing commercial space of about 97,740 sq. m. to offices on lease. A high-tech eco-system has been created to promote technological innovation and collaboration. Six key elements have been identified for hi-tech ecosystem, namely: medium sized and startup enterprises, large organizations, incubation Center and universities, hi-tech infrastructure, venture capital funds, business and government services.

Also is present range of lifestyle and residential facilities in the DSO community to include universities, schools, community centers, hospitals, tennis courts, swimming pools, shopping complexes, etc. The DSO community landscape also provides interconnected courtyards, green parks, children play areas apart from daily maintenance, round the clock security and well knit road network.

Dubai Silicon Oasis business facilities:

  • Offices
  • Multiple-Use Warehousing and Manufacturing
  • Land for development
  • Conference facilities
  • Amenities
  • Student Accommodation

Company types in Dubai Silicon Oasis :

1- Branch

Branch Office can be registered within Dubai Silicon Oasis by any established firm, be it abroad or in the UAE. The proposed branch activity within the ‘Dubai Silicon Oasis’ needs to be quite similar to that of the activities performed by its parent company.

2- Free Zone Establishment (FZE)

FZE (Free Zone Establishment): This is a single shareholder registered/incorporated legal entity, where the shareholder can be either a corporate/non-individual or an individual.

3- Free Zone Company (FZCO)

FZCO (Free Zone Company): Minimum two shareholders are required to register/incorporate this legal entity. The shareholders can be corporate/non-individuals or individuals.

Operating licenses in Dubai Silicon Oasis :

  • Trade License: It allows activities associated with export, import and goods & item distribution specified within the license is allowed to the registered entity.
  • Service License: Only specified services are permitted to be carried out by the registered entity.
  • Industrial License: The registered entity is allowed to manufacturer, assemble, process, import raw materials, and export finished product and package.

Special Licenses in Dubai Silicon Oasis :

  • EBL (Entrepreneurial Business License): It promotes young entrepreneurs to launch their business successfully through range of support services and resources.
  • Business Operation Permit: Firms operating within DSOA’s Administrative zone (private developer owned areas) require this special permit using DED (Dubai Economic Department) issued license.

PLUG & PLAY OFFICES AT SILICON PARK

Operating Licences

Companies looking to set up business within Dubai Silicon Oasis can choose from three types of licenses as per the companies operational requirements.

TRADE LICENSE

SERVICE LICENSE

INDUSTRIAL LICENSE

SPECIAL LICENSE

Business Operation Permit

Its’s a special permit only for companies which are operating in The Administrative Zone of DSOA

Free-Zone Has Its Own Benefits

Listed below are Benefits of Registering Your Business in Free Zone

  • 100% foreign ownership
  • Tax benefits
  • Duty free
  • Low operational cost
  • Low freight charges
  • Abundant & inexpensive energy
  • Exemption from all import and export duties
  • Freedom to recruit expatriates
  • Freehold offices available on sale or lease
  • Readymade offices, factories & warehouses
  • Free transfer of funds and no foreign exchange control

Why Black Swan ?

Black Swan Will Help You In Not Only Every Step Of Your Business Setup But Also In Continuing Business:

  • Taking the trade name approval.
  • Initial or security approval.
  • Preparing Memorandums.
  • Bank Account assistance.
  • Court Notarisation of memorandums, POA and other documents.
  • License issuance
  • Establishment Card.
  • Visa's
  • Any external approvals if required.
  • Final Submission.

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