This free zone is managed by the Dubai Silicon Oasis Authority (DSOA) and is located on the conjoining road from Dubai to Al In. It comprises residential, commercial, and industrial spaces. In creating the SO free zone, the intention was to support technology-based industries and expand the horizons for business expansion.

 

The Dubai Silicon Oasis free zone offers a well-planned community of 7.2 million square metres. The free zone is divided into industries, commercial spaces, educational institutions, residential areas, and public areas.

 

Furthermore, Dubai Silicon Oasis offers a mixed concept for setting up a company that primarily focuses on technology, electronics, and engineering activities. By supporting modern technology-based industries and supporting the region's need for business expansion, Dubai's government aims to promote an innovation-led economy.

 

It has been driven by this initiative that Dubai Silicon Oasis was launched, which caters to firms providing internet-related services, software technologies, mobile services, etc. ACCTON Technology Corporation Pte. Ltd and Axiom Telecom are among the leading companies located in the jurisdiction.

 

Furthermore, Dubai Silicon Oasis Authority envisions the free zone to serve as a technological park that integrates residential and commercial platforms - with the benefits of a free zone to enhance the region.

 

In addition to offering state-of-the-art infrastructure, financing and capital, as well as access to expert monitoring, the Dubai Silicon Oasis Authority, or DOA, offers support with business investments, funding and capital.

 

HOW TO SET UP A BUSINESS IN THE DSO FREE ZONE

Steps involved in setting up a business in Dubai Silicon Oasis free zone are as follows:

• Submission of the application form

• Pre-approval documents of Dubai Silicon Oasis Authority

• Submission of legal documents and payment of the required fee

• Issuance of e-agreement by the DSOA

• Sign -agreement and share capital letter (applicable only for FZE and FZCO)

• Issuance of e-license

 

LEGAL ENTITIES PERMITTED IN THE DSO FREE ZONE

• Branch office

• Free Zone Establishment (FZE)

• Free Zone Company (FZC)

 

BUSINESS ACTIVITIES PERMITTED IN THE DSO FREE ZONE

DSO free zone permits various activities to be conducted in the jurisdiction, including:

• Consultancy

• Logistics

• Manufacturing

• Transport

• Aviation

• Health

• Storage

• Hospitality

• Marketing

• Trading

• Waste Management

• Tourism

• Education

The DO free zone is also one of the few free zones that enables you to combine professional and commercial activities under one license

 

DSO FREE ZONE FACILITIES

The free zone offers various kinds of facilities for business setup. These include:

• Premium Industrial Units

• Warehouses

• Office Spaces

• Work Stations (subject to availability)

 

BENEFITS OF BUSINESS SETUP IN DUBAI SILICON OASIS

In addition to advanced communications, connectivity, electricity, and networks, Dubai Silicon Oasis is designed as a hi-tech ecosystem, offering the best of Dubai free zone company registration.

Dubai Silicon Oasis free zone offers the following advantages:

• 100% foreign ownership

• No personal, income, or corporate taxes

• Full repatriation of capital and profits

• Strategic location boosting opportunities

• Leasing options

• Simple and quick set up process

• Innovative infrastructures

• Exemption from all import and export duties; however, you can't import into the mainland

 

DSO FREE ZONE LICENSE

The following licenses are issued by the DSO authorities:

• Service License

• Trade License

• Industrial License

 

DSO FREE ZONE LICENSE RENEWAL

Businesses in DO free zone can renew at a very low cost and with a small amount of effort. Starting after the second renewal, you will have to submit an audit report to DO on an annual basis.

Renewal is completed by paying a renewal fee and submitting the lease agreement for the facility. An advantage is that a resident agent is able to handle this process and you do not have to be physically present in the UAE.

 

BUSINESS LIQUIDATION IN DSO

Similar to renewal, company liquidation can also be accomplished by an agent without the owner's physical presence. There is a fee to pay for the liquidation process.

Company liquidation takes about 1 month to be completed and involves the following steps:

• Cancellation of visas

• Termination of lease agreement

• Closure of bank account