Advantages of Setting up Your Business in Dubai Silicon Oasis (DSO)

Dubai Silicon Oasis (DSO) is not just an average business hub – it’s a thriving, energetic community that pulses with the spirit of technology and innovation!

It’s a realm where a vibrant ecosystem thrives, bringing together visionaries and businesses to shape the future of technology. With a cutting-edge playground of infrastructure and an atmosphere teeming with support, DSO sets the stage for dreams to transform into reality.

If you want to join the ranks of trailblazers, look no further than DSO. In this blog, we will explore the endless opportunities and benefits of company setup in Dubai Silicon Oasis, which is a buzzing tech haven.

What is Dubai Silicon Oasis (DSO)?

Dubai Silicon Oasis (DSO), established in 2004 is a government-owned free zone in Dubai which over the years has become a coveted destination for entrepreneurs and professionals seeking career growth, residential comfort and a vibrant environment to call home.

DSO encompasses a diverse range of major business activities, making it a hub for various industries and sectors. Some of the prominent business activities in Dubai Silicon Oasis include:

• Technology: DSO serves as a flourishing place for technology companies, software development, hardware manufacturing, IT consulting, and design firms. It attracts businesses engaged in cutting-edge technologies and innovative solutions.
• SCM, Transportation & Logistics: Entrepreneurs looking to set up business in logistics, freight forwarding, transportation services, and supply chain management (SCM) will find DSO to be an advantageous location due to its strategic positioning and excellent connectivity.
• Manufacturing: DSO houses various manufacturing facilities for industries such as electronics, machinery, construction materials, and precision engineering. It serves as an ideal environment for businesses involved in production and assembly.
• Food & Beverages: DSO has a variety of restaurants, cafes, food processing companies, and catering services to fulfil the diverse culinary preferences of residents, employees, and visitors.
• Professional Services: This vibrant place offers a platform for professional service providers such as legal firms, accounting and auditing companies, business consulting agencies, and human resource specialists to serve the requirements of businesses.
• Hospitality: DSO also has a flourishing hospitality sector with hotels, serviced apartments, and resorts catering to both business and leisure travellers. The sector provides world-class accommodations and amenities to enhance the overall experience of residents and visitors.
• Healthcare: The presence of clinics, healthcare centres, and specialized healthcare service providers, offer a range of medical and wellness services to the community.
• Marketing: The marketing needs of the businesses in the DSO are fulfilled by agencies, advertising firms, and digital marketing specialist companies.
• Academics and Learning: There are several educational institutions, training centres, and research facilities, contributing to the development of knowledge and skills in various fields.
• Trading companies: DSO facilitates trading activities with businesses involved in import/export, wholesale trade, and retail operations, creating opportunities for both local and international trade.

Steps to establish a firm in Dubai Silicon Oasis

• Register on DSOA’s (Dubai Silicon Oasis Authority) portal to initiate the application process. This will grant you access to the necessary forms and information.
• Download the application form from the portal and fill in all the required details accurately and submit it through the designated channel.
• Next, prepare and submit the pre-approval documents for review. These documents will undergo a thorough examination by the relevant authority. Once the review is complete and the requirements are met, you will receive the initial approval.
• Now it’s time to gather the legal documents and fulfil the required fee payment. Ensure all the necessary legal documentation is prepared and in order. Pay the prescribed fee to proceed with the application process smoothly.
• Receive a digital copy of the agreement via your registered email address. Review the terms and conditions outlined in the agreement.
• Sign the electronic copy and return it to the authority. Additionally, if you’re establishing a Free Zone Establishment (FZE) or Free Zone Company (FZCO), include the share capital letter as well.
• The share capital letter is only applicable to FZE and FZCO entities, and there is no minimum paid-up share capital requirement, providing flexibility to your business.

Benefits of Business Setup in Dubai Silicon Oasis

• Complete control with 100% foreign ownership of your business.
• Repatriate your capital and profits fully, without any restrictions.
• No income tax, as it’s completely waived.
• Benefit from hassle-free import and export, with no taxes imposed.
• Experience the power of state-of-the-art IT infrastructure to support your business operations.
• Set up your business easily, quickly, and at a low cost, thanks to a streamlined process.
• Choose from a variety of office spaces and warehousing facilities that meet your specific needs.
• Explore a wide range of IT and technology business activities available to pursue.
• Access a pool of highly talented technical and engineering professionals whenever you need them.
• Freedom to hire foreign employees without any restrictions.
• Simple customs clearance process, making trade efficient and smooth.
• Experience speedy processing of employee visas, ensuring a prompt and hassle-free workforce setup

The beauty of Dubai Silicon Oasis (DSO) lies in its incredible location as well. It is situated right in the heart of Dubai, enabling you to tap into key business hubs and markets across the Middle East, Africa, and Asia. You will be closely located from major transportation routes, airports, and seaports.

Documentation required

1. A duly filled application Form
2. Letter of Intent
3. Passport Copy
4. Bank statement/reference letter
5. Company business plan

Seamlessly Establish Your Business in Dubai Silicon Oasis with Corpin Consultants

If you’re looking for a business destination that offers unparalleled growth and opportunities, Dubai Silicon Oasis is the place to be. With our in-depth knowledge of the DSO ecosystem and extensive experience in business consultancy, we provide tailored solutions to guide you through every step of the setup process.

To know how we at Corpin Consultants can help you set up a business in DSO, call on +971 55 843 2911 or email: info@corpinconsultants.com today!