- Zabeel Street, AL Karama, Dubai, United Arab Emirates
- +971 4 27164 24
Dubai Silicon Oasis Free Zone
Authority (DSOA)
Dubai Silicon Oasis Free Zone Authority (DSOA) is a government-owned entity established in 2004 to promote and manage the Dubai Silicon Oasis, a technology-focused free zone in Dubai, United Arab Emirates.
The authority oversees a 7.2 square kilometre integrated urban master-planned community that combines living and working environments.
Key Highlights
Technology Hub: DSOA focuses on fostering modern technology-based industries, particularly in IT, electronics, and related sectors
Integrated Community: The free zone offers both commercial and residential spaces, including offices, industrial zones, villas, apartments, schools, universities, hospitals, and recreational facilities
Strategic Location: Situated near Dubai International Airport and major ports, DSO provides easy access to international business hubs
Dubai Silicon Oasis Free Zone Authority (DSOA) offers several options for company formation with specific requirements:
DSOA allows the following types of companies:
Free Zone Establishment (FZE): A company with a single shareholder (individual or corporate)
Free Zone Company (FZCO): A company with two or more shareholders
Branch Office: For existing UAE or foreign companies
Business Operation Permit: For companies already licensed by Dubai Economy
Capital Requirements
The minimum capital required for FZE/FZCO companies is AED 100,000 For FZE, each share must be in multiples of AED 100,000, while for FZCO, shares can be in multiples of AED 10,000Document Requirements
Key documents needed for company registration include
Completed application form
Passport copies of shareholders/managers
Letter of intent
Bank statement or reference letter
Company business plan
NOC (for UAE residents only)
Memorandum & Articles of Association (for branch/non-individual shareholders)
Trade license of the parent company (for local company branches)
Licensing
DSOA offers various license types depending on business activities
Trading License
Industrial License
Service License
Business Operation Permit (for Dubai Economy licensed companies)
Entrepreneurial Business License
Process Overview
The general steps for company formation in DSOA are
Apply and required documents
Obtain initial approval
Pay fees and submit legal documents
Sign the lease agreement
Receive e-license
The application review process typically takes 7 days, and the license is issued within 2 days of receiving all documents and payments.
Additionally, DSOA offers special licenses such as the Entrepreneurial Business License and the Business Operation Permit for companies in the Administrative Zone
Additionally, DSOA offers special licenses such as the Entrepreneurial Business License and the Business Operation Permit for companies in the Administrative Zone
Benefits
- 100% foreign ownership
- 100% repatriation of profits
- No personal income tax
- Potential corporate tax exemptions
- State-of-the-art infrastructure
- Supportive business environment
Dubai Silicon Oasis has gained recognition as a leading free zone, receiving awards such as the Global Free Zone of the Year for SMEs and ranking fifth in the Top 10 Global Free Zones of 2023
Cost Estimate for basic Company Setup in Dubai Silicon Oasis Free Zone Authority (DSOA), approximately AED 26,000 (USD 7,100)