Dubai Silicon Oasis Company Setup
Dubai Silicon Oasis Authority is a 100% government-owned free zone that facilitates and promotes modern technology-based industries. Dubai Silicon Oasis is categorized into 5 main pillars based on industrial, commercial, education, living and residences, and public facilities. DSO is an ideal location for companies engaged in semiconductor manufacturing, electronic manufacturing systems, microelectronics, fabless IC design, test & assembly, and opto electronics related business.
Benefits of Dubai Silicon Oasis Company Setup
- Complete foreign ownership
- 100% repatriation of capital
- No taxes
- Low operational cost
- State of the art IT infrastructure
- Fast-track business set-up and licensing
- Access to consumer markets of 5 billion people
Types of License
Specified services can be carried out with the help of this license.
With the help of a trade license, enterprises can carry out activities that include import, export, distribution and warehousing of products.
Industrial license authorizes the import of raw material, manufacturing, processing, assembling, packaging and export of a finished product.
A business operation permit is mandatory for companies that are already established with the Dubai Economic Department and further plan to function in the Administrative Zone in DSO.
Types of establishments
A UAE or foreign established company can register its branch in DSO, provided the company carries out activities identical to its parent firm.
Free Zone Establishment (FZE)
A single managing shareholder, which can be a person, or a company can begin a Free Zone Establishment in DSO.
Free Zone Company (FZCO)
A minimum of two shareholders can form a FZCO. The shareholders can be individuals or company or both.
It takes hardly a week to process a Dubai silicon oasis free zone company incorporation application and with the assistance of a well-renowned consulting firm, your business can be up and running without any hassles. Jumeira Consultants does the job for you!