Dubai Silicon Oasis (DSO) free zone was established in 2005 by Law No. 16 of 2005 and is fully owned by the UAE Government. Silicon Oasis is Dubai’s single free zone dedicated to companies operating in the modern technology sector. Foreign investors choosing Dubai Silicon Oasis for opening a company will also have access to the workforce established in the free zone. Dubai Silicon Oasis is divided into five zones:
- public facilities.
Additionally, Dubai Silicon Oasis has a complex infrastructure comprising a network of highways connecting all major roads in Dubai.
Types of companies in Dubai Silicon Oasis
Investors may set up several types of companies in Dubai Silicon Oasis depending on their needs and the type of activity they will undertake. The Silicon Oasis Authority provides the following types of structures in the Dubai free zone:
- branch offices,
- free zone companies,
- free zone establishments.
Companies already registered with the Dubai Economic Department may also apply for a business operations permit which will allow them to operate in the Administrative Zone of Silicon Oasis. For information about operating in the Administrative Zone, you may ask our company registration agents in Dubai.
Business licensing in Silicon Oasis in Dubai
Foreign businessmen opening companies in the Dubai Silicon Oasis free zone may opt for one of the following types of business licenses:
- service licenses for specific activities only,
- trading licenses which will allow the company to import, export and distribute goods in and out of Dubai,
- industrial licenses for importing and processing raw materials and exporting finished products.
Companies operating the Administrative Zone may also apply for two special business licenses with the Dubai Silicon Oasis Authority. These are the business operations permit and the entrepreneurial business license dedicated to young businessmen.
Documents required for company formation in Dubai Silicon Oasis
The documents required to register a company in Dubai Silicon Oasis are:
- an application form,
- a letter of intent,
- the founders’ passport copies,
- a business plan,
- a bank reference letter.
For personalized company incorporation services in the Silicon Oasis free zone, please contact our agents in Dubai.