The process of setting up a business in the DSO free zone involves the following steps:
DSO free zone facilities
The free zone offers various kinds of facilities for business setup. These include:
- Premium Industrial Units
- Warehouses
- Office Spaces
- Work Stations (subject to availability)
Benefits of business setup in Dubai Silicon Oasis
Advanced networks, connectivity, electricity, and communications are available in the free zone. In addition, Dubai Silicon Oasis is envisioned as a high-tech ecosystem technological park that provides numerous advantages over Dubai free zone company registration.
Some of the advantages of business setup in Dubai Silicon Oasis free zone include the following:
- 100% foreign ownership
- No personal, income, or corporate taxes
- Full repatriation of capital and profits
- Strategic location boosting opportunities
- Leasing options
- Simple and quick set up process
- Innovative infrastructures
- Exemption from all import and export duties; however, you can’t import into the mainland
Business activities permitted in the DSO free zone
DSO free zone permits various activities to be conducted in the jurisdiction, including:
- Consultancy
- Logistics
- Manufacturing
- Transport
- Aviation
- Health
- Storage
- Hospitality
- Marketing
- Trading
- Waste Management
- Tourism
- Education
The DSO free zone is also one of the few free zones that enables you to combine professional and commercial activities under one license.
DSO free zone license
The cost of a license for the Dubai Silicon Oasis free zone is low and simple to obtain. Packages of licenses start at AED 13,900. The different licenses gave by the DSO specialists include:
Dubai Silicon Oasis License Cost
The cost of obtaining a license for the Dubai Silicon Oasis free zone also varies depending on the package you select for your company formation.
The quantity of visas that can be gotten by your organization will rely on the size of your office space. The Dubai Silicon Oasis free zone's visa costs approximately AED 3,750, making it affordable.
DSO free zone license renewal
The recharging system for organizations in DSO free zone is a profoundly financially savvy and basic cycle. Beginning with the second renewal of your company, you will be required to submit an audit report annually.
You will need to pay the renewal fee and send in the signed lease agreement for your facility to complete the renewal process for your business. The fact that you don't have to be physically present in the UAE to renew your visa is a benefit because it can be done through an agent.
Business liquidation in DSO
Company liquidation, like renewal, does not require the owner's physical presence and can be carried out through an agent. To complete the liquidation process, you will be required to pay a fee to the government.
Company liquidation takes about 1 month to be completed and involves the following steps:
- Cancellation of visas
- Termination of lease agreement
- Closure of bank account
Contact AceTax, one of the best Dubai business setup companies, to learn more about the various business setup options available in Dubai Silicon Oasis.
AceTax offers you solutions that are best suited to your company formation in the UAE and helps you resolve questions about business.
Contact our knowledgeable consultants at +971 553 810 715 or send a WhatsApp message to +91-9899795588 to begin your business journey and learn more. You can also send an email to info@acetaxuae.com to get answers to your questions quickly.