Company Setup in Dubai Silicon Oasis
Dubai Silicon Oasis can be seen as one of the establishments that happened under this concern. It was established in 2004 to foster the growth of technology and innovation in the United Arab Emirates (UAE) while promoting advanced infrastructure and business services.
Dubai Silicon Oasis or DSO aims to attract technology companies, startups, and entrepreneurs by providing them a business-friendly environment where their business can get high operational support in terms of legal, financial, and infrastructural aspects. There are more than 8000 companies in DSO collaborating to foster a technology-driven business environment to drive economic growth, create job opportunities, and position the UAE as a global hub for innovation and technology.
Types of Licences company formation in Dubai Silicon Oasis
Here are some important licence available for different company types, that DSO offers –
- Trade Licence: Suitable for companies involved in wholesale, retail, import, export, and distribution activities.
- Industrial Licence: Necessary for businesses working in manufacturing, processing, packaging, and other industrial-related activities.
- Service Licence: A Service License is issued to businesses that provide various types of services rather than dealing with physical goods. This could include professional services like consultancy, IT services, marketing, advertising, etc.
- Special Licence: The Special License is a flexible license option that caters to unique business activities or entities. It is tailored for specific sectors, such as media, telecommunications, or technology, requiring unique permissions or approvals.
Note – Each type of license comes with its own set of requirements, fees, and regulations that businesses need to fulfill to obtain and maintain their licenses.
To obtain a license for business set up in Dubai Silicone Oasis from DSO Authority (DSOA), businesses have to undergo a comprehensive registration process that includes –
- Filling up forms
- Paying relevant fees
- Submitting documents
- Receiving permits and approvals
DSOA is the regulatory body responsible for overseeing the operations and development within the Dubai Silicon Oasis free zone. Apart from this government authorities like the Dubai Economic Department (DED) and Dubai Chamber of Commerce and Industry (DCCI) may also be involved in the registration and licensing process, depending on the nature of the business and its activities
How AIMS UAE Can Help With Business Setup in Dubai Silicon Oasis
AIMS UAE – the best business setup consultant to help you set up your business completely without you having to get heavily involved in the formation process, as we handle all the work, which includes –
- Understanding your business requirements carefully and suggesting the best type of business or legal structure aligning with your objectives.
- We are well-versed with the regulatory requirements and procedures of a company formation. Hence, we can guide you through the complex legal and bureaucratic processes involved in the process.
- We help in the preparation and approval of the documents, ensuring you don’t have to handle the intricate paperwork and permits.
- Not only with the registration part but we also provide additional corporate services such as company registration, leasing office space, visa processing, and bank account opening. This makes sure you get a complete service of company formation under one roof and don’t have to wander elsewhere for any other processes.
- We help you save your precious time and effort in wondering about the complex procedures. Instead, you can use your time and effort in planning and strategising the business expansion.
If you’re considering setting up a business in the Dubai Silicon Oasis, partnering with AIMS UAE can guarantee you expert guidance every step of the way. Contact us today for the best business setup services in Dubai Silicone Oasis.
Frequently Asked Question
Any business or individual looking to establish a presence in DSO will be acquired by a business-friendly environment and regulations that include -
- 100% foreign ownership
- Availability of skilled workforce
- Simplified company setup process
- Hi-Tech support, infrastructure, and facilities
- Strategic location close to major transportation hubs
- Tax exemptions for corporate and personal income tax
Here is how to set up a company in DSO -
- Choose a business setup consultant
- Apply for the licence under which your business operations will carry out.
- Complete all the paperwork including permits from authorities, and legal and compliance documents.
- Pay all the inclusive fees and submit your application
- Wait for the approval to receive your licence
Here are some of the documents required for a company to set up in DSO -
- Completed application form provided by DSO
- All legal documents including MOA and AOA
- Passport/Visa copies of all shareholders
- Lease agreement in the DSO area
- A detailed business plan
- Letter of intent
