Dubai Silicon Oasis

Dubai Silicon Oasis (“DSO”) is wholly owned by the Government of Dubai to provide for both living and working integrated community. Established in 2004, DSO has opened windows for companies establishing business in IT, telecom, consultants, law firms, finance institutions, Bio-tech and alternative energy sectors.

Dubai Silicon Oasis (“DSO”) as one of the world’s leading centers of advanced electronic innovation, design and development, aims to create a universally recognized state-of-the art “technology oasis” by facilitating and promoting technology-based industries, research and development within a fully integrated community.

Advantages and Benefits

  • Zero tax
  • 100 % foreign ownership
  • Fast-track business setup
  • Stable and clear regulations
  • Low cost of operations
  • No import or export tax
  • Streamline customs clearance
  • 100% repatriation of capital gains
  • Stringent IP laws and support
  • Prospering urban community with core technology zone, surrounded by master planned residential environment, consisting of villas, technologically advanced commercial and residential high-rise buildings
  • State of the art IT structure with on-site support
  • Access to regional pool of talented technical and engineering professionals
  • Plug and play office space are available
  • Availability of freehold and leasehold properties which are developed by private developers.
  • An Entrepreneurial Business license is also available for young entrepreneurs for the  development of their business through an array of support resources and services.

Primary Features

Shareholders:

  • Minimum one for FZE
  • Minimum 2 and maximum 10 for FZCO

Directors/Secretary:

  • Minimum of one director
  • No requirement for secretary

Shares:

  • Registered shares

Capital:

  • Minimum capital requirement AED 100,000 for FZE (represented by 1 share)
  • AED 100,000 for FZCO
  • Not applicable for a branch of a foreign company

Taxes / Treaties:

  • No personal or corporate income Tax
  • Use of UAE double taxation treaties

Accounts:

  • Preparation and filing of accounts is required
  • Filing for annual return is required

Visa Eligibility:

  • Employee visa and dependent visa can be obtain depending on the size of the office and type of company and activity

Time Frame

  • 7 to 10 working days upon receiving, preparation,  submission and approval of all necessary documents

Related Documents       Corporate Profile