DSOA: Dubai Silicon Oasis Company Setup
Dubai Silicon Oasis is as a hi-tech ecosystem and offers businesses a plethora of advantages including a state-of-the-art IT infrastructure, in-house business services, and strong business support. DSO focuses on Hi-tech companies or those focusing on mobile technologies.
Types of License:
Service Licence: This allows the registered entity to carry out only specified services Trade Licence: This allows the registered entity to practice activities which are related to import, export, and distribution of items and goods as specified in the license.
Industrial Licence: This allows the registered entity to import raw material, manufacture, and process, assemble, package and export the finished product.
Special Licence: Business Operation Permit: This is a special permit for companies operating in The Administrative Zone of DSOA (areas owned by private developers) using a license issued by Dubai Economic Department (DED). This license is issued based on the license issued by Dubai Economic Department. No share capital is required for this type of license.
Entrepreneurial Business Licence: An EBL license is designed to accelerate the successful development of young entrepreneurs and their businesses through an array of support resources and services. This license is only available for members of DSO’s incubator program and involves a low-cost license in return for a small stake in the business.
Within DSO, office space can be leased from 30 sq. m. onwards at a rate of AED 1,350 per /sq. m. up to AED 2,275/sq m/ Annum including service charges (Service charge details below). For example, a furnished workstation would cost approximately AED 24,000 including service charges.
Deposit of Starting Capital:
The minimum capital requirement is AED 100,000
The required documents:
Please note that we would require the following documentation to proceed with the registration of an FZE and obtain a Commercial Trading License in Dubai Silicon Oasis Authority Free Trade Zone:
- Passport copy
- Utility Bill [within the last 3 months]
- Bank reference letter [within the last 3 months]
- Bank Statement – Minimum balance Dhs 100,000 (only need personal bank statements of the investor)
- Educational Qualification [only if required]
- Business Plan View our Business Plan Template
Once we receive all the required documentation and the stipulated payment, we will prepare the registration and license applications and submit the same to Dubai Silicon Oasis Authority for approval. Please note that it will take approximately 4 weeks to complete the entire registration procedure and obtain the relevant license from the Free Zone Authority.
It is important that we are able to make payments as efficiently as possible to the various free zone departments in order to proceed with the registration and obtain the initial approval. Therefore we would require the total fees to be paid in advance.