Under the Dubai Silicon Oasis Authority (DSOA), a government-owned free zone known as the DSO free zone exists. The free zone can be found on the road that connects Dubai and Al Ain. It includes commercial, industrial, and residential areas. The Dubai Silicon Oasis Authority is a government-owned free zone with an urban master-planned community, cutting-edge infrastructure, and in-house business services that promotes cutting-edge technology-based industries.
In Dubai’s Silicon Oasis free zone, businesses can set up shop in a community that is well-planned and covers 7.2 million square meters. Industries, commercialized space, educational institutions, residential areas, and public facilities are all separated from one another in the free zone.
In addition, the Dubai Silicon Oasis free zone offers a mixed idea for starting a business that primarily focuses on the technology, electronics, and engineering industries. Dubai’s government wants to support the region’s demand for business expansion and facilitate modern technology-based industries by encouraging an economy driven by innovation.
Dubai Silicon Oasis, which caters to businesses that provide internet-related business, software technologies, mobile services, and other services, has been encouraged by this initiative. ACCTON Technology Corporation Private Limited Ltd, ANG Automation Solutions, and Axiom Telecom are a few of the jurisdiction’s most prominent businesses.
In addition, the Dubai Silicon Oasis Authority envisions the free zone as a technological park that provides an integrated community with a mix of residential and commercial platforms – the advantages of the free zone enhancing the region.
The administrative body Dubai Silicon Desert garden Authority (DSOA), offers cutting edge and mechanically moderate framework, support with business ventures, financing and capital, pioneering support as well as admittance to master checking and that’s only the tip of the iceberg.
The process of setting up a business in the DSO free zone involves the following steps:
The free zone offers various kinds of facilities for business setup. These include:
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:
DSO free zone permits various activities to be conducted in the jurisdiction, including:
The DSO free zone is also one of the few free zones that enables you to combine professional and commercial activities under one 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:
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.
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.
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:
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.
Your business cannot be moved from one free zone to another. However, you can open a branch of your current business in a different free zone.
If you want your business to be in a different free zone, you will have to close it down in the current zone and start it up in a different free zone.
We, at ‘ACE Tax Consultants’, are engaged in rendering efficient Business setup and Consultancy Services viz. Company formation, Financial and Accounting Services, Management Consulting, VAT Advisory, Outsourcing Services, Project Financing, Payroll Process Outsourcing and taxation to our esteemed clients.
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