Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis Authority (DSOA), Dubai
Description
Established in 2003, Dubai Silicon Oasis (DSO) is a 7.2-square-kilometer free-trade zone in Dubai, UAE, designed as a hub for technology-based industries. It offers a dynamic ecosystem for startups, SMEs, and multinational corporations, providing state-of-the-art infrastructure, business services, and a vibrant community for residents and professionals.
| Emirate | Dubai |
| Website | https://www.dsoa.ae |
| Contact Email | info@dsoa.ae |
| Contact Info |
Phone: +971 4 501 5000
Address: Dubai Silicon Oasis Authority, P.O. Box 6009, Dubai, UAE
|
| Year Established | 2003 |
| License Types | Service License, Trade License, Industrial License |
| License Cost | License fees vary depending on the type of license and business activity. |
| Formation Cost | Formation costs are subject to the chosen license type, facility, and business activity. |
| Minimum Capital Requirement | No specific minimum share capital requirement; it varies based on business activity and legal structure. |
| Allowed Business Activities | Software Development, IT Services, Telecommunications, Electronic Manufacturing, Consultancy, Biotechnology |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZCO), Branch of a Foreign Company, Branch of a UAE Company |
| Allowed Activities | Software Development, IT Services, Telecommunications, Electronic Manufacturing, Consultancy, Biotechnology |
| Restricted Activities | Activities requiring special approvals from UAE authorities |
| Investor Visa Cost | Visa costs vary based on the investor's profile and specific requirements. |
| Employee Visa Cost | Visa costs vary based on the employee's role and specific requirements. |
| Processing Time (Days) | Company formation typically takes 2 to 4 weeks, depending on documentation and approvals. |
| Physical Office Required | Yes |
| Office Space Options | Commercial Offices, Light Industrial Units, Co-working Spaces |
| Office Space Cost | Office space costs vary based on size, location, and facility specifications. |
| Virtual Office Available | Yes |
| Bank Account Assistance | Yes |
| Bank Account Cost | Assistance is provided; costs may vary depending on the chosen bank. |
| Partner Banks | Emirates NBD, Mashreq Bank, RAKBANK |
| Governing Laws | Operates under UAE federal laws and Dubai regulations. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | Annual renewal fees vary based on the type of license and business activity. |
| Business Restrictions | Specific activities may require additional approvals. |
| Ownership Structure | 100% foreign ownership permitted |
| Import/Export Restrictions | No Standard customs regulations apply; specific activities may require additional approvals. |
| Benefits | 100% foreign ownership, Full repatriation of profits and capital, Exemption from personal and corporate taxes, No customs duties on goods and services, Access to a diverse business community, Comprehensive infrastructure tailored for technology-based industries, Networking opportunities with global technology organizations |
| Drawbacks | Primarily focused on technology and related industries |
| Specific Compliance Requirements | Compliance with UAE federal laws and Dubai regulations, Adherence to industry-specific standards and practices |
