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30 Mar 2019
By MSZ Consultancy
Business Setup
Dubai Silicon Oasis
Dubai Silicon Oasis Authority is a technology park offering world-class infrastructure and also many business incentives to firms operating within the free zone. The Dubai Silicon Oasis was started in 2004 to facilitate and support modern technology-based industries in the Middle East.
Company Types in Dubai Silicon Oasis
- Free Zone Establishment (FZE)
- Free Zone Company (FZCO)
- Branch of a Foreign/Local Company
Types of Licenses available in DSO
- Service License
- Industrial License
- Trade License
Following are the benefits of setting up a company in DSO
- 100% foreign ownership
- 100% repatriation on profits and capital
- No currency restrictions
- No restriction on hiring foreign employees
- Economical cost of operations
- Futuristic IT facilities and also infrastructure
- Speed of setting up business and licensing
- Exclusive business support services such as the integrated online e-Business system
- Steady and also unambiguous regulations
Following are the required documents to setup a company in DSO
- Application form
- Business plan
- passport copy of shareholder and also manager
- CV of shareholder and also manager
- NOC from the current sponsor
- Letter of intent
- Annual audited financial report or last 6-month bank statement
- Original bank reference letter
For furthermore information, Contact us: +971 52 544 1248
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