Dubai Silicon Oasis
Established in 2004, Dubai Silicon Oasis is entirely held by the Dubai Government. It offers both a standard living and a cohesive working community for all. Located at the junction of Sheikh Mohammed Bin Zayed Road and Al Ain Road, and next to Academic City, Dubai Silicon Oasis serves as a region of the art technology park. DSOA prides itself on having Silicon Park that is Dubai’s first and most smart city.
DSOA includes 8 Signature Boutique Buildings and offers an outstanding opportunity for the companies to form their headquarters in the heart of the technology park. Dubai Silicon Oasis has a wide network of roads that allow rapid access to major highways of Dubai. Various international brands along with native retailers are represented in the designated space in the same park. The free zone provides various business benefits that invite investors across the UAE as well as the globe to set-up their business.
Advantages of setting up a company in Dubai Silicon Oasis
- 0% of charges on import and export duties
- 100% foreign investment
- Facilitates offices and residential apartments with manufacturing facilities, and multi-use warehousing
- Offers high incentives to companies operating within the park
- Exemption from personal income tax
- 0% tax on corporate
- Magnificent facilities along with world-class infrastructure.
- No restrictions on currency
- Presence of stylish apartments enhances the standards of sustainability across the region
- Foreign talent and entrepreneurs are proficiently welcomed
- Effective visa services
- An extensive variety of options for start-ups
- Efficient in-house immigration services
Types of business formation in Dubai Silicon Oasis
- Free Zone Company (FZCO): It is a legal entity integrated with a minimum of two shareholders.
- Free Zone Establishment (FZE): It is a legal entity integrated by only 1 shareholder.
- Branch of a local/ foreign company: Any established company either in foreign or in the UAE is free to register its branch in DSOA.
Special business license approved by Dubai Silicon Oasis
- Entrepreneurial Business License: It is a low-cost license. The license is well-designed to provide a wide range of supportive services and a lesser business stake to start-ups.
- Business Operation Permit: This permit is given by Dubai Economic Department to the companies functioning under the administrative zone of DSOA.
Types of business license approved in Dubai Silicon Oasis
- Trade License: It allows the registered company or an individual to run through import, export, and distribution activities.
- Service License: It allows the individual or company to carry out only certain services in the UAE.
- Industrial License: It approves the company or an individual to manufacture, import raw material, process, and export the end product.
Nasiha, is your one stop solution for business registration in Dubai Silicon Oasis. We completely understand the know-how of company formation, legal jurisdiction and benefits of every zone that exists in UAE. Come to us with your company formation in Dubai free zone queries, and we will give you the best business advice which can ease out the process of starting a company in Dubai Silicon Oasis. Our advice will not only save your time and resources, but will give you room to focus on things that are most important for your business. Get in touch with us and we will be more than happy to support you.
AZIZ
DIRECTOR OF COMPLIANCE AT TABARAK INVESTMENT BANK
Tabarak had the pleasure and professionalism to receive services provided by Nasiha. Very professional, great experience and highly recommended.