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
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
One of the main advantages of doing business in the United Arab Emirates is the preferential tax treatment that businesses get. The UAE has a 0% corporate income tax for individuals and legal entities, which is ideal for anyone wanting to own their own business. But,...
If you’re looking for a place to set up a business, the Dubai Multi Commodities Centre (DMCC) is the place to be! The location is growing at such a rapid pace. There are over 15,000 registered businesses in the area, making it the largest free trade zone in the UAE....
The United Arab Emirates is in the spotlight for its booming economy, easy company establishment, and expansion. But when it comes to forming a company, if you don’t have stable funds, you won’t survive long. That’s where an investor comes into play. An investor is...
Dubai is known around the world for its thriving economy and business-friendly environment. And with benefits like a great infrastructure, strategic location, and tax breaks, it’s no wonder entrepreneurs’ dream of doing...
The process of establishing a business can be quite tedious with the infinite legal documents and never-ending queues but, with the introduction of instant trade license, business owners can apply and attain a trade license within a span of 24 hours. Trade license is...
As a trader, your license remains the original document that verifies your business as an official legal entity to function. Hence, it is very imperative to ensure that your license is always updated to avoid any hefty fees which will be levied if your license has...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news