Dubai Silicon Oasis (DSO) was established in 2004 in order to provide a good development environment for investors interested in the high-tech industry. Silicon Oasis is one of the most attractive free zones in Dubai, as it offers outstanding infrastructure, but also because of its proximity to the Dubai International Airport, Jebel Ali and Rashid Ports and the Business District in the emirate.
Our company registration consultants in Dubai can offer information on the incentives available for opening a company in Dubai Silicon Oasis.
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Types of companies to be registered in Dubai Silicon Oasis
Full foreign ownership is allowed for those interested in opening a company in Dubai Silicon Oasis. The types of structures one can establish here are:
- free zone companies;
- free zone establishments;
- branch offices of foreign companies.
One can also open a company in Dubai Silicon Oasis’ Administrative Zone. However, the company formation process in slightly different. Our Dubai company incorporation agents can offer information on how to open a company in DSO’s Administrative Zone.
Documents required to open a company in Dubai Silicon Oasis
In order to set up a company in DSO, one must draft the Memorandum and Articles of Association of the company and file them with the Dubai Silicon Oasis Authority (DSOA) together with the following documents:
- passport copies;
- an application form;
- a business plan;
- a letter of intent;
- a bank reference, or audited financial accounts in the case of branch offices.
Licensing of companies in Dubai Silicon Oasis Free Zone
Once the company is registered with the DSOA, the owner must apply for the relevant permit for their activities. The following business licenses are available in Dubai Silicon Oasis:
- the service license;
- the industrial license;
- the trade license.
Those opening a company in the Administrative Zone may apply for a business operation license, while young enterprisers may apply for an entrepreneurial license which also grants them the rights to certain benefits.
For complete information on how to apply for a business license in Dubai Silicon Oasis, please contact us. You can also request the services of our Dubai agents if you want to register a company in Dubai Silicon Oasis.