Company formation in Dubai Silicon Oasis | Required Documents

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

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