Dubai Silicon Oasis Authority, a 100% government-owned free zone, was established following Law No. 16 of 2005 of the government of Dubai with the mission to facilitate and promote modern technology based industries thus support the regions demand for business expansion.
DSO's urban master-planned community spans 7.2 million square meters and has been carefully divided into 5 main pillars based on industrial, commercial, education, living and residences and public facilities.
DSO is designed as a high-tech ecosystem which offers businesses a plethora of advantages including a state-of-the-art infrastructure, in-house business services and strong business support such as technology investment incentive for large enterprises, entrepreneurial support, incubation centre and venture capital funding.
|Location:||Dubai Silicon Oasis, Dubai, (U.A.E.)|
|Permitted activity:||Mobile Technology, Internet, Data Centre, Arabization and Localization Technologies, Software, Software-As-A-Services and Semiconductor|
|License available:||Trading/Service and Industrial license|
|Types of entities:||Free Zone Entity, Free Zone Company, Branch office|
|Shareholder:||Can be individual or corporate entity|
|Share capital:||Minimum share capital of AED 100,000/-, AED Nil/- for branch office|
|Audit:||Audit report is required to be submitted to free zone authorities|
|Estimated time:||Minimum of 5 - 6 working weeks to obtain final trade license|
|Renewal:||License of the company has to be renewed on annual basis. Penalty would be charged by the authority if license is renewed after expiry date.|
Starting from AED 49,550/- onwards (inclusive of license, registration and workstation space rentals) and renewal charges amounts to same AED 43,550/- from next year onwards. However please note that the above mentioned charges can vary depending upon the number of license applied under one company and also depends upon the leasing/office facility acquired.
GBS provides you consultancy and helps you with company incorporation services at Dubai Silicon Oasis Free Zone.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.