Business Setup in Dubai Silicon Oasis (DSO) Free Zone
DSO Free Zone Company Formation
Dubai Silicon Oasis Authority (DSOA) was established in 2004, being entirely owned by the Dubai Government. To ensure that the requirements of businesses are met, a large capital investment has been made for this free zone. In return, the infrastructures and facilities are of world-class quality, like the Dubai Silicon Oasis flexi desk. Moreover, DSOA has now roads that connect to major highways of Dubai. These can be simply some of the reasons that business setup in Dubai Silicon Oasis is having a name of its own.
For investors who are eyeing to conduct a Dubai Silicon Oasis company formation, there are different types of legal forms that they can choose from, namely Branch of foreign/Local Company, Free Zone Establishment (FZE), Free Zone Company (FZCO), and DED-Registered Companies. There are also different license options that people can choose from: Services License, Trade License, Industrial License, Business Operation License, and Entrepreneurial Business License.
Dubai Silicon Oasis free zone company formation, like any other free zone formation, follows a procedure that needs to be observed by the businessmen in order to have a proper business setup in Dubai Silicon Oasis. It is not advisable to simply take business setup in Dubai lightly because it is a responsibility that should be taken care of meticulously. For this reason, business setup consultants in Dubai should be contacted and have them give you the advice that you need before taking your first step to business setup in UAE free zones. Truth be told, almost every business setup in Dubai free zones was successfully done because of the help of consultants. This is why the advantages plus the booming Dubai Silicon Oasis company formation make the DSOA known to the UAE and to the eyes of the investors.
It can be expected that business consultants in Dubai will play a big role in business setup company in Dubai because they are the people who will provide the information that you are looking or the ones that you don’t even know that you need. For an instance, having the correct information about Dubai free zone company registration fees and Dubai free zone license cost can definitely aid businessmen in creating a budget plan to ensure that the amount that will be incurred in the first half or the first year of operation is filed and can be reviewed in later months or years. To make it an even more detailed plan, it will help if you can add the Dubai Silicon Oasis flexi desk cost, if you need one.
Company formation consultants in Dubai are always available not just to answer your questions from how to open a company in Dubai free zone to Dubai Silicon Oasis license fees and DSO company setup cost, even the documents required for trade license renewal in Dubai (for future reference). However, the people’s sole purpose is to take the burden of Dubai Silicon Oasis free zone company formation off your shoulders and handle them all for you as you wait for the right time to start your venture.
And because of this, it is imperative that you have the right people to work for you. When you do, your business setup in UAE free zones will be an easy success and done in a short period of time.
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Following industries you can setup in DSO
We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.
Benefits of Setting up Business in Dubai Silicon Oasis
Most business owners’ way of investing is by conducting a business setup in Dubai free zones. The requirements of the businesses of people who choose to establish their organizations in DSO will be met at this location was designed and dedicated to providing proper infrastructures and facilities. Some business owners do not necessarily weigh in that much the Dubai silicon oasis license fees because the pros that are gained through free zone company registration Dubai are worth the amount that will be incurred. However, it is essential all the same have an information about the Dubai freezone company setup cost. On the other hand, DSO offers a number of Dubai free zone benefits that attract investors to the location. These advantages that they find helpful are listed below:
- 100% ownership of company for foreign investors
- Capital gains are non-taxable
- Gains and capital of businesses can be repatriated
- Low duties for exports and imports
- Quicker processing time for business trade license
- Low cost for business setup
- Regulations for conducting business are stable
- Minimal capital requirement
Business Setup Requirements & Procedure
Documents Required for Company Registration in Dubai Studio City
Documents Required for Company Setup in DSO
- Copy of Company Registration Application
- Original copy of Company Incorporation Certificate
- Legal Corporate Documents
- CVs of shareholders
- Board resolution indicating intent to establish in the free zone
- No objection certificate for general manager
- Bank reference letter of each shareholder
- Copies of directors’ passports
- Proof of payment for share capital (minimum)
- Lease agreement
The procedure of processing the company setup would range from 2 to 4 weeks.
Support Services Offered in DSO
FAR Consulting Middle East is one of the leading firms that offer business setup services in Dubai and in other parts of the UAE for more than 30 years now. Since we have a broad experience, the information that we have is precise and the exactly detailed the way the investors need it. From Silicon Oasis free zone license cost to Dubai Silicon Oasis registration fees, we know just what you need to know about DSO to help you how to set up your business in the right way. Aside from detailing everything about Dubai free zone company formation cost for you to be financially prepared, we can assist you in grasping more about this Dubai free zone authority, which is the DSO.
Business setup in Dubai Silicon Oasis of FAR Consulting Middle East covers the following:
- Preparation and review of the application form;
- Application for Initial Approval from free zone authority;
- Fee payment and legal requirements submission;
- Drafting, preparation, and review of lease agreement;
- Issuance of business license
It is essential to seek the help of experts as errors and omissions in an application causes delay or even rejection. Talk to our business setup consultants in Dubai by giving us a call today!
Business Setup Cost in Dubai Silicon Oasis
Farahat & Co has an experienced team of business development that can help in the process of company formation in DSOA, a recognized business hub for entrepreneurs dealing in advanced technology and IT sectors. The fee table below explains estimated Dubai Silicon Oasis company setup cost. Please contact us for further information on setting up a business in the DSOA.
Cost for Business setup in Silicon Oasis Authority (DSOA)
Business Registration and Licensing Cost Fees Registration Fee AED 5,000.00 Knowledge Fee & Innovation Fee AED 20.00 Name Reservation AED 200.00 Specimen Signature AED 200.00 Board Resolution AED 300.00 Cost by Trade Licence Type (Select one of the following) Commercial License Fee AED 12,500.00 Trading License Fee AED 12,000.00 Industrial License Fee AED 12,000.00 Setting up a branch office (Starting from) AED 12,000.00 Setting up a Branch of a Foreign Company (Starting from) AED 12,000.00 Additional Fees for Business Registration Miscellaneous Fees (Electricity & Water connection; Telephone and Fax connection; Name Plate and Office Locks) AED 700.00 Establishment Card Issuance AED 2,400.00 Chamber of Commerce Fees AED 2,200.00 Visa Processing Cost Bank Guarantee / Employee Visa deposit AED 3,000.00 Employment/Residence Visa (Select one of the following) Employment / Residence Visa – In Country (Starts from) AED 5,300.00 Employment / Residence Visa – Out of the Country (Starts from) AED 3,700.00 P.O.BOX Services Fee (Select one of the following) P O Box Regular (3-5 Business days) AED 1,000.00 P O Box Gold (1-2 Business days) AED 1,500.00