Dubai Silicon Oasis (DSO) Free Zone

Dubai Silicon Oasis Authority (DSOA) was established in the year 2005 with an aim to promote and facilitate modern technology-based industries. Dubai Silicon Oasis (DSO) is the only free zone in Dubai structured for a living and working community. It is a well-known tech park created to support tech industries, research, development and innovation in order to make UAE a tech hub. The government has invested heavily on founding the infrastructure of DSO to make it ideal for setting up technology companies; DSO features a fibre optic cable network, tier 3 data centre and 8 power stations with a capacity of 1600 MW. DSO is owned wholly by the Government of Dubai, and provides several incentives to companies within it.

Dubai Silicon Oasis is the city's technology district with state-of-the-art facilities and services.

Dubai Silicon Oasis provides all you need to build and grow a tech company in the UAE. 

Spread across 7.2 square kilometers; DSO has a place for industries, commercial space, education facilities, residences, and other public activities. DSO has been designed as a highly developed ecosystem that provides businesses with a handful of advantages, including world-class infrastructure and in-house business services, attracting companies worldwide. 

Read the blog to find out more about this free zone. 

Dubai Silicon Oasis (DSO)

The Dubai Silicon Oasis Authority (DSOA), founded in 2005, aims to support and develop modern technology-based enterprises. The only free zone in Dubai designed for a working and living community is Dubai Silicon Oasis (DSO). It is a well-known technology park built to promote tech businesses, R&D, and innovation so that the UAE may become a tech hub. 

To make DSO the best location for setting up technological enterprises, the government has substantially invested in its infrastructure; DSO includes a fiber optic cable network, tier 3 data center, and 8 power plants with a combined capacity of 1600 MW. In addition, the Dubai Government owns DSO its whole and offers several incentives to businesses operating there.

Clients around Dubai may readily reach DSO because it is close to the business districts, Jebel Ali Airport, Port Rashid, and Dubai International Airport. By assigning equal weight to all economic sectors, DSO has effectively changed the UAE into a knowledge-based economy, shattering its standard in the process.

Business Entities in DSO Free Zone

Dubai Silicon Oasis permits an individual or corporate entity to register a business in the following legal forms and provides investors with a lucrative business opportunity through various incentives.

1. Branch

Any company in the UAE or another nation can register its branch in Dubai Silicon Oasis. Still, the activities conducted by the branch must be similar to those undertaken by its parent company.

2. Free Zone Establishment (FZE)

A free zone establishment is a business entity with a single shareholder.

3. Free Zone Company (FZCO)

A free zone company is an entity registered with 2 to 5 shareholders. A shareholder can be an individual or a corporate entity.

4. DED Registered Company

It refers to a company already registered with the Dubai Economic Department (DED) and wishes to operate in Dubai Silicon Oasis.

Approved Business Activities in DSO

DSO serves as the hub for several tech-related industries and support services. Despite having a primary focus on high-tech sectors, it also serves a broad spectrum of other enterprises, such as:

  • Information Technology
  • Electrical & Electronics
  • Engineering and Related Activities
  • Consulting
  • Law Firms
  • Finance Institutions
  • Biotech
  • Automobile
  • Aerospace
  • Oil & Gas
  • Alternative Energy
  • Company Headquarter Offices
  • Sales & Marketing
  • Other Training Centers
  • Import/Export
  • Distribution Facilities
  • Testing and Checking
  • Assembly & Packaging
  • Manufacture and Storage

Available Business License in DSO Free Zone

Following your selection of the intended business activity, the DSOA will issue you one of the following business license types:

1. Trade License

Any entity with a trade license can conduct business activities related to importing, exporting, distributing, and storing goods.

2. Service License

A service license allows an entity to carry out only specified services.

3. Industrial License

An industrial license holder can conduct manufacturing processes by importing raw materials and exporting finished products.

4. Business Operation Permit

This is a special license issued to companies operating in areas owned by private developers. The permit is given only to Department of Economic Development (DED) based companies.

5. Entrepreneurial Business License (EBL)

An EBL is a low-cost license granted in return for a small stake in the applicant’s business. This type of license s provided to encourage young companies by offering support services and resources.

Benefits of Business Setup in DSO

Dubai Silicon Oasis provides all the following benefits:

  • Provision of 100% foreign ownership
  • No restriction on capital repatriation
  • No import or re-export duties
  • No personal income tax
  • Onsite customs
  • Low operational cost
  • Condition of complete foreign ownership
  • Negligible corporate and income tax
  • Well-built IT structure and facilities with a tier-3 data center
  • Easy access to experienced technical and engineering professionals
  • Stable and precise regulation backed by Dubai Silicon Oasis Authority
  • 24 hours access to support services
  • Simplified incorporation and licensing process
  • Access to national and international based consumer markets
  • Well-furnished office spaces and conference rooms

The Procedure for Setting up a Business in DSO

1. Obtain the Initial Approval

Apply for initial approval by providing relevant documents to Dubai silicon oasis free zone authority (DSOA).

2. Pay the Fees

Once you receive the initial approval, you must pay a certain fee.

3. Submit the Documents

Submit all the required documents mentioned in the blog's next portion to the concerned authority. 

4. Sign the Lease Agreement

You need to sign the lease agreement issued by DSOA and return the same.

5. Apply for the License

DSOA will give you the required business license once you complete all the steps.

Documents needed in DSO for Company Incorporation

There are still documents that must be submitted throughout the business setup procedure in Dubai Silicon Oasis, although the list is shorter. The following paperwork is needed to register your business with DSO:

  • Application form for initial approval
  • Bank statement/audited financial report or reference letter
  • No Objection Certificate for UAE residents
  • Letter of Intent
  • Passport copy of shareholder(s)
  • Detailed business plan of the company

Our Role

Business Setup Worldwide will assist you in launching your enterprise internationally. We offer tax consulting, bookkeeping, and other value-added services. The correct type of incorporation and location are essential for success in Dubai. Business Setup Worldwide saves time by handling the process from start to finish.

Silicon Oasis must follow the norms and regulations transparently, and our staff at Business Setup Worldwide is devoted to assisting you through them without incident. In addition, our company development staff works hard to comprehend your business formation needs and simplify office setup, accommodations, paperwork, and registration procedures. 

Our team supports you throughout the business establishment process, offering strategic insights, business plans, paperwork requirements, etc., all while keeping an eye on the organizational structure that best serves your company's needs and objectives. In addition, we ensure you receive all the facilities needed for a thriving company expansion in DSO, including assistance with cutting-edge infrastructure. With us, forming a corporation is hassle-free since we work hard to understand and support your individual needs.

Decide what you will do for business in Dubai. Dubai's Silicon Oasis is a vibrant and welcoming free zone for investors. Our specialists will make it simple for you. So contact us, and we'll work with you to make it a reality.

 

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FAQs

How long does it take to open a company in DSO Free Zone?

7-10 working days. 

What are the facilities offered by DSO?

  • Amenities
  • Offices
  • Multiple-Use Warehousing and Manufacturing
  • Land for development
  • Conference facilities
  • Student Accommodation

Is there any special license available in DSO?

  • Business Operation License
  • Entrepreneurial Business License

Which industries do well in DSO?

IT and Technology