Dubai Silicon Oasis (DSO)
Company Formation In Dubai Silicon Oasis Freezone
Dubai Silicon Oasis company formation begins with selecting an office space. The subsequent steps include reserving the company name, obtaining initial business approval, signing the lease agreement, making the required payments, and finally securing the business license. The entire incorporation process typically takes around two weeks to complete.
Types of Licenses in Silicon Oasis Free Zone
Silicon Oasis Free Zone Authority issues three types of licenses depending on the nature of the business activities.
Trading License
Industrial License
Service License
In addition to the standard licenses, Dubai Silicon Oasis also offers specialized permits for businesses operating within its premises, including the Business Operation Permit and the Entrepreneurial Business License.
Documents required for Company Set up in Silicon Oasis Free Zone
Foreign entrepreneurs must submit specific documents to the Silicon Oasis Free Zone Authority to obtain approval, including the application form, a letter of intent, a passport copy, an NOC for UAE residents, a bank statement or reference letter or audited financial report, and a detailed business plan. Business setup procedures in the Silicon Oasis Free Zone are relatively simple and require minimal time. The main steps include submitting the application form, completing registration on the DSOA customer portal, paying the required fees, submitting the legal documents, and returning the signed e-agreement issued by DSOA. Once these steps are completed, the e-license is issued. To establish a business in the Dubai Silicon Oasis Free Zone, the incorporation specialists at QBS can guide you through every stage of the registration process until your company is fully established.