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Dubai Silicon Oasis (DSO) Free Zone Business Set Up
Dubai Silicon Oasis (DSO) is a technology park and free zone located in Dubai, United Arab Emirates (UAE). It is designed to be a hub for technology-based companies and startups, providing a favorable business environment for entrepreneurs.
- Office no: 1006, Al Musalla Business Tower, Bur Dubai, Dubai, UAE
Why is Dubai Silicon Oasis (DSO) Free Zone the ideal location for businesses?
Dubai Silicon Oasis is known for its residential and big business community and not to forget, a technology hub hosting several IT, industrial, online and R&D businesses. Dubai Silicon Oasis (DSO) Free Zone offers you a simple, cost-effective and easy to implement solution for setting up cryptocurrency business. It’s a fully functional eco-system with a range of trading activities, ready infrastructure, skilled manpower and networked to international market players.
Dubai Silicon Oasis Authority (DSOA), established in 2004 (owned by the Government of Dubai) was built with an objective to provide an environment for coexisting – a space for living and integrated working purposes along with trade zone incentives & benefits offered to companies which are operating within the tech park.
The Silicon Park, Dubai’s first smart city is the brainchild of DSOA. Apart from this, DSOA also takes credit for having the largest startup campus in the Middle East called Dubai Technology Entrepreneur Campus; they also established RIT Dubai and partnered with an internationally renowned leader in professional & technology oriented education.
Yet another promising point is that DSO allows easy access to Dubai’s major highways with its network of roads. Adding to that, at the time of expo 2020 Dubai many companies can set up their business in DSO Free Zone.
DSO has emerged into the leading technology park in the area and is a great option for those thinking about Dubai Silicon Oasis business activities.
Equipped with an advanced telecommunication network, customizable warehouses & office spaces, and the capacity to have a semiconductor manufacturing unit along with other light industrial plants in the same premises, DSO is a haven for investors. DSO Free Zone is a place where you can set up your Crypto Business. Its a professional platform meant to help your business grow.
DSO free zone company formation & its benefits
Dso free zone business setup comes with a favorable environment to scale growth. The Silicon Oasis is a free zone in Dubai that helps you set up your crypto business. With a wide range of special facilities, it makes starting a business in Dubai easy. With more companies choosing to embrace digital technology, now is the best time to expand into the crypto market. Every day, thousands of companies are joining the cryptocurrency craze. Are you ready to get in now?
- 100% expat ownership
- No import/export tax or income tax/corporate tax
- Quick & transparent company formation
- Community building and networking events
- Complete profit repatriation
- No customs duty applicable for free zone imports
- Advanced IT infrastructure
- Availability of talent pool (technical & engineering verticals)
- Investment incentives for startups by venture capitalists
- Top notch research and development centers
Types of licenses in Dubai Silicon Oasis (DSO) Free Zone
DSO licenses are issued based on a company’s Dubai Silicon Oasis business activities. An investor can apply for one from the below three business license categories:
Service License
For companies involved in accounting, marketing, legal, consultancy, IT services, etc.
Industrial License
For companies engaged in import-export of raw materials, assembling units, manufacturing, packaging units, etc.
Trade License
For companies that undertake distribution & selling of items which are under specified license (general trading, engineering equipment, heavy machinery)
Under each of the above three license categories, a business can have upto seven different activities in their license. Talk to our company formation expert to get your quotes for the Dubai Silicon Oasis license fee.
Dubai Silicon Oasis Authority is also offering special license categories for regulating areas under its administrative zone. They include:
- Business Operation Permit issued by the Dubai Economic Department (DED)
- Entrepreneurial Business License, a low-cost license package for the budding entrepreneurs/startups who are a part of Dubai Silicon Oasis Authority’s incubator program.
Dubai Silicon Oasis business setup in 5 steps
- Reserving the company name
- Pre-approval of the business
- Prepare & sign the lease agreement
- Payment
- Obtaining license
Free Zone In DUbai
Company Structures Allowed in DSO Free Zone
Company formation in DSO is possible with the below mentioned types of legal entities:
Free Zone Establishment (FZE)
can have a single shareholder (individual or corporate)
Free Zone Company (FZC/FZCO)
can have between two to five shareholders (individual or corporates)
Branch of a foreign company
a parent company can register their branch in DSO without any capital provided the branch office continues the same activity chosen by the parent company.
Branch of a local company
which is registered in Dubai Mainland
Documents required for Dubai Silicon Oasis company formation
Below mentioned documents are necessary for establishing a company, its branch or an individual business:
- Application form
- Copy of passport
- Bank statement/reference letter from bank
- NOC for UAE residents
- Business plan
Why choose us?
Let us help you fast-track your business growth by establishing your roots in the thriving tech hub of Dubai, Dubai Silicon Oasis (DSO) Free Zone. Stand a chance to be a head turner at Expo 2020 Dubai and seek new methods to venture into new trades.
Talk to our company formation expert to get a quote for Dubai Silicon Oasis company setup cost, registration process, e-commerce license issuance, etc. and let’s get started to conquer the market. Ideally, company formation takes up to two weeks but let us help you complete the process at the earliest with cost-effective solutions.
How To Set Up Business In DSO Free Zone?
DSO Free Zone Location
Free Zone
Cryptocurrencies are not recognized as currencies in UAE by the Central bank of UAE. They are rather considered as investment assets and due to no provision of income tax in the country, capital gains tax is not imposed on UAE nationals.
As regional economic competition heats up, Dubai has been encouraging the growth of the crypto sector by creating a regulatory environment to attract crypto businesses and talent to the city. The UAE already has a low corporate tax rate and no personal income tax for expatriates. There is zero tax on any gains, including gains on cryptocurrency. To further facilitate its support for blockchain ventures in Dubai, DED has just formed an advisory board comprised of industry experts from different areas of fintech and blockchain development that provide guidance to our rapid expansion strategy.
Free zones in Dubai allow you to set up your business with 100% foreign ownership. Free zones in Dubai provide innovative solutions for the international growth of your company. There are a lot of free zones in Dubai designed to meet your company’s specific growth requirements.
The Jebel Ali Free Zone offers tremendous business benefits, including 100% ownership of your company, hassle-free administration, complete freedom to trade worldwide, and much more.
- No minimum capital investment required
- Easy procedures on Jebel Ali Free Zone company registration (under FZE, FZC or Branch Office)
- No restriction on hiring foreign talents/employees
- 0% corporate/personal income tax
- World-class infrastructure & system
Dubai Free Zones are the ultimate destination for foreign companies seeking to setup company in Dubai. The whole world is represented in Dubai free zones, which are also known as economic free zones, specially designed for global businesses that are looking to setup company in Dubai or other Middle East countries. Unlike traditional embassies that serve diplomatic and commercial interests only, the free zones of Dubai features 100% ownership and full tax and duty-free benefits, allowing clients to run their business in a favorable business environment.
Free Zones are the best place for doing business in Dubai as you can save both time and money. Each free zone has its own advantages and target group; either you want to buy goods, services or set-up your office. Your first step should be to clarify which option is suitable for the kind of business you wish to do, and then to meet with a business consultant and expert who can guide you through their process and help you to establish your business quickly and efficiently.
Sharjah Media City Free Zone has a number of business facilities, which are quite beneficial for media and creative businesses to thrive and grow. Through a robust and comprehensive infrastructure and service package , the Authorities of Sharjah Media City (SHAMS) free zone provide an ideal environment for core creative and media business activities. SHAMS is an information technology-rich eco system, supported by well-equipped studios, multi-purpose post production studios, labs, e-learning rooms and other such facilities.
Mainland
The government in the United Arab Emirates has permitted its citizens to own, deposit and trade cryptocurrencies. The Central Bank of the United Arab Emirates has also allowed some cryptocurrency exchanges to operate within one of its financial free zones. In May 2021, Dubai launched a Crypto Centre as part of a pilot programme to promote cryptographic and blockchain technology within the emirate.
Dubai has become a regional hub for the crypto sector. The city’s business-friendly environment and zero tax on any cryptocurrency gains make it an attractive place for crypto-related businesses to establish themselves. Contact us now to get cost for setting up your crypto company.
Mainland companies in Dubai enjoy 100% tax exemption, allowing you to save a huge amount of money that can be reinvested in your business or personal needs. There is no capital requirement for a Mainland company license in Dubai and increased government support has increased the attractiveness of this option for many individuals and businesses.
Dubai is booming with e-commerce businesses which means that if you are considering to start an e-commerce business, Dubai will offer you great opportunities. However, there are factors you should take into account before you decide to start your own e-commerce business in Dubai. Starting your ecommerce business in Dubai might seem a little challenging, but once you get past the set-up phase, you’ll discover it’s not difficult to maintain. In order to launch an online store in the United Arab Emirates, it’s essential that you have a complete idea of what you’d like to sell. You have to choose a niche, and then create a store around that.
Dubai has become one of the fast growing cities in the world. It offers a high quality of life to all its residents; both expats and locals. Dubai aims to become an example for others in the region, which is why they are offering various incentives like tax breaks and special financing packages. These are just some of the benefits of doing business in Dubai that have helped it to grow into what it is today.
Dubai is to host Expo 2020, an exhibition dedicated to achievements in sustainable development. The event will attract millions of visitors and will be an opportunity for businesses to boost their sales.
The answer depends on your business idea, what your startup needs to succeed, and the unique factors of your business. However, we can make a general statement regarding the most popular locations in Dubai that will help you grow and achieve success.
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best free zones in uae
01.
Dubai Airport Freezone
Navigate your business to the most popular free zones in UAE and the flagship of Dubai. Let us take care of your Dubai free zone business set up from scratch to a full-fledged venture.
02.
Sharjah Media city Freezone
Shams is launched in 2017 for encouraging a wide variety of trade activities in the region.
03.
Ajman Media City Freezone
Ajman Media City Freezone offers a wide variety of business activities under the same license.
04.
Jebel Ali Free Zone
Jebel Ali Free Zone, home to more than 7,000 companies, few of UAE’s largest enterprises & corporations till date is a thriving market centre and a major head-turner in various aspects.
05.
DMCC Free Zone
The right time and the right place to jump-start your business. DMCC, an innovative & inspiring space to discover endless business possibilities.
06.
Sharjah International Airport Free Zone (SAIF)
Support your business idea and ace it by establishing your own name in this dynamic free zone, Sharjah International Airport Free Zone.
07.
DIFC Free Zone
Welcome to Dubai International Financial Centre (DIFC), the leading Financial hub for the MEASA – Middle East, Africa and South Asia, and a future-forward zone that is all set to boom your business.
08.
Fujairah Free Zone
We Provide the Best Business setup services in Fujairah Free Zone, UAE. We provide mainland company formation in UAE, Offshore company formation, LLC company formation in Dubai, and Free zone Business setup in Dubai.
Address
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- Office no: 1006, Al Musalla Business Tower, Bur Dubai, Dubai, UAE
- +971 52 330 9846
- [email protected]