Dubai Silicon Oasis (DSO)

BUSINESS
COMPANY REGISTRATION
free zone
IN THIS ARTICLE:
Dubai Silicon Oasis is located 30 minutes from Jebel Ali Port and Rashid Port next to Dubai Al Ain Roads. The free zone is home to the so-called Dubai Digital Park, a smart city spread over 150,000 square metres and consisting of office buildings, apartments, numerous cafés and restaurants with a developed infrastructure for work and life.
01
Free zone features
  • A favorable infrastructure for opening a company office;
  • Support for technology projects.
Free zone specialises in attracting high-tech companies, promoting modern industries, innovation, development and research in these fields, so it positions itself as a high-tech park, a silicon valley. Companies from the fields of IT, GameDev, telecom, engineering and others are usually registered in this freezone.
02
What types of licenses are available?
Companies wishing to set up operations in the DSO can choose from three types of license:

  1. Service license: provision of the services specified in the license.
  2. Trade license: the import, export and sale of goods specified in the license.
  3. Industrial license: import of raw materials, production, processing, collection, packaging and export of finished goods.
03
The following types of companies are allowed to be registered in this freezone:
  1. Free Zone Establishment (FZE) — a company with one shareholder.
  2. Free Zone Company (FZC) — a company with 2 or more shareholders.
  3. A branch of a company already incorporated in the UAE. The activities that the branch plans to carry on in the DSO must be identical to those of the parent company.
  4. Branch of a foreign company. The activities of the branch it plans to carry out in the DSO must be identical to those carried out by the parent company.
What are the share capital requirements?
Capital requirement for FZE/FZCO: AED 100,000 (approximately USD 27,000). There is no minimum capital requirement for setting up a branch.
READ IN THE KNOWLEDGE BASE:
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article
04
What documents are required to register a company?
  • Application.
  • Letter of intent.
  • Copy of passport of founders/directors/managers.
  • Bank statement/recommendation letter or audited financial statement.
  • Company business plan.
05
Fees and expenses
The fees depend on the company type, as well as the activities and number of visas to be issued.
Fee for name reservation and company registration
$1 700~
Business license fee (1 year, renewal fee the same)
от $3 300
Office rental (1 year)
от $3 800
Visa fee
$900~
Expenses for medical testing, insurance and Emirates ID issue
$1 000 – 1 200
06
Timeline
1 to 3 weeks depending on participants, company type and speed of documents submission.
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