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

The technical hub, office and industrial space are managed by DSOA. The policies and regulations are laid down by the authority that extends optimal growth to businesses in the DSO Free Zone.

Types of company available to incorporate in DSO Free Zone:

Dubai Silicon Oasis Free Zone authority permits to form various types of companies in the domain. The company setup chosen depends on the viability and development plans.

• 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

Related Links

• 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

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