DUBAI SILICON OASIS AUTHORITY (DSOA)

Dubai Silicon Oasis Authority (DSOA) is established in 2004 and fully owned by the Government of Dubai, designed as a hi-tech ecosystem Free Zone in Dubai, offers a wide range of benefits. It is considered to be the only technology park in the region that provides both a living and working integrated community.  Dubai Silicon Oasis Authority promotes modern technology based industries within an urban master-planned community, state-of-the-art infrastructure & in –house business services.

DSOA is home to many businesses and organizations, including IT companies, telecoms operators, semiconductor firms, and more. It is the largest free zone in the UAE for information and communication technology (ICT) companies.

 

Benefits of Setting up company in DSOA Free Zone :

Dubai Silicon Oasis-YUGA Accounting

 

  • 100% Foreign Ownership
  • 100% Repatriation of Capital
  • 0% Income Tax
  • 0% Corporate Tax
  • No Import or Export Tax
  • Low Cost of Operations
  • Fast-Track Business Set-Up & licensing
  • Support Services Including integrated Online E-Business System

DSOA Districts :

DSOA is composed of a lot of districts, they are as follows :

 

  • The Innovation Hub (IDH)

The IDH was the first district in Dubai Silicon Oasis and is aimed at start-ups, entrepreneurs, and small businesses. If you’re looking for an affordable office space with all the necessary amenities, then the IDH is a great option.

  • Residential District (RDH)

The Residential District is home to over 15,000 people and contains more than 5000 residential units. DSO offers a variety of accommodation options like apartments, villas, townhouses, and more. It also has numerous schools, mosques, shopping malls, and entertainment venues.

  • Dubai Central Park Discount (DCP)

The DSO DCP is a park-like district that is home to DSO’s largest lake. The DCP offers a wide range of office spaces, including lakeside offices with stunning views. This district is also home to several hotels, restaurants, and entertainment venues.

  • Technology Park Discount (TPD)

The Dubai Silicon Oasis’ most iconic district is TPD and it is home to Dubai’s first technology park. This district is aimed at tech companies and offers a wide range of office spaces, from small to large.

  • Commercial District (CBD)

The Commercial District or Main District is home to a wide range of businesses, including retail, F&B, services, and more. The DHD is the headquarters for Dubai Silicon Oasis and is home to many multinational companies, including Dell, Huawei, Samsung, Siemens, and more. This district offers a wide range of office spaces to suit all needs and budgets.

  • Academic Cluster (ADC)

This district offers a variety of office spaces for universities, colleges, and research institutions. It is home to DSO Colleges, Dubai Women’s College, and Dubai Men’s College.

Company Types :

DSOA allows incorporation of the following types of companies:

  • Free zone Establishment (FZE)

An FZE is a legal entity incorporated/registered by a single shareholder. The shareholder can either be an individual or a non-individual/corporate.

  • Free zone Company (FZCO)

An FZCO is a legal entity incorporated/registered with a minimum of two shareholders. Shareholders can be either individuals or non-individuals/corporate.

  • Branch

Any established company, whether in the UAE or abroad, can register its branch in DSOA. The stated business activity that will be conducted in DSOA must be identical to the activity conducted by the parent company.

Licence Types :

DSOA allows three types of operating licences, which can be selected according to the company’s operational requirements.

  • Service Licence

Service Licence allows the registered entity to carry out only specified services.

  • Trade Licence

In this type of licence, it allows the registered entity to practice activities which are related to import, export, and distribution of items and goods as specified in the licence.

  • Industrial Licence

In this type of licence, It allows the registered entity to import raw material, manufacture, and process, assemble, package and export the finished product..

Special Licences :

  • Business Operation Permit

This is a special permit for companies operating in the The Administrative Zone of DSOA (areas owned by private developers) using a licence issued by Dubai Economic Department (DED). This licence is issued based on the licence issued by Dubai Economic Department. No share capital is required for this type of licence.

  • Entrepreneurial Business License

An EBL license is designed to accelerate the successful development of budding entrepreneurs and startups who are part of the DSOA’s incubator program.

Workspace in DSOA :

  • DSOA Headquarters

DSOA offer “Plug & Play” office facilities from 160 sq ft. upwards, ideal for setting up regional offices and R&D centres. Additional facilities include High speed internet, Data centre, Car parking, Cable access and CCTV etc.

  • Dubai Technology Entrepreneur Campus (Dtec):

Dtec is an international startup hub. Home to hundreds of startups from more than 70 countries, Dtec supports young technology businesses with a range of facilities and services including Visa services, High speed WiFi, Conference room, Corporate partner labs Etc.. Dtec is a creatively designed landscape that can be accessed 24X7.

  • Technohub 2:

DSOA offers Techno Hub 2, a unique Plug and Play flexible office solution which is up to 20,000 sq metres of office space ready for immediate occupancy. It is designed with high specification and  provide all office facilities that can be divided to accommodate from 2 to 500 employees.

Freehold Company Setup :

To set up a company in a facility that is not owned by DSOA by falls under the administrative governance, the investor has to apply to DSOA’s Freehold Licensing Division. Investors who wish to set up a company in a private facility within the freehold/lease facilities of DSOA could leverage this option.

Documents Checklist :

 

  • Company Formation Application Form
  • Passport Copy
  • Letter of Intent (optional)
  • Bank Statement/reference letter from Bank
  • No Objection Certificate – for UAE Residents only
  • Company’s Business plan
  • Any supporting documents upon the requirement

 

FOR MORE INFORMATION, CONTACT US :

Phone : +971 52 1952 532 / +971 4 240 1110

Mail-Id : info@yugaaccounting.com

Website : www.yugaaccounting.com

Ready to start a Business in DSOA,