101,Shakhboot Building, Damascus Street, Opposite Emirats Building, Al Qusais Industrial Area 1, Dubai, 00
Since : 2018
Dubai Silicon Oasis (DSO) is one of the premier free zones in Dubai, offering an ideal location for businesses focused on technology, innovation, and research. For any business intending to set up operations in DSO, obtaining DSO approvals is essential. These approvals serve as official permits that allow companies to operate within the free zone in compliance with legal regulations. DSO approvals streamline the entire process of business setup and ensure that businesses adhere to all guidelines set by the DSO authority.
DSO approval refers to the legal authorization provided by Dubai Silicon Oasis Authority (DSOA) that permits businesses to establish their operations within the DSO free zone. The approval covers various aspects, including trade licenses, construction permits, environmental compliance, and commercial registrations. DSO approvals play a crucial role in ensuring that businesses operate according to the rules and regulations set forth by the DSO governing body, safeguarding the legal status of the business.
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Dubai Silicon Oasis (DSO) is one of the most sought-after free zones in Dubai, catering to tech companies, startups, and entrepreneurs. To operate in DSO, businesses need to acquire approvals and licenses from the relevant authorities. This guide will take you through the process of getting approval in Dubai Silicon Oasis, along with frequently asked questions and answers to help you navigate the procedure smoothly.
Dubai Silicon Oasis (DSO) is a government-owned free zone established to foster tech-based businesses. It offers a range of incentives to companies, including 100% foreign ownership, tax-free operations, world-class infrastructure, and access to the UAE market. DSO is home to tech giants, innovative startups, and medium-sized enterprises from various sectors.
Dubai Silicon Oasis (DSO) offers a range of business licenses to cater to various industries and sectors. The types of licenses available in Dubai Silicon Oasis include:
1. Service License
Before a company can operate in Dubai Silicon Oasis, it must receive the appropriate approval and licensing. DSO offers a seamless process for business registration, allowing companies to quickly establish their presence in Dubai. The approval ensures that businesses comply with DSO’s regulations and are equipped to operate legally within the zone.
1. What types of businesses can be
set up in Dubai Silicon Oasis?
DSO welcomes businesses in the fields of
technology, IT, telecommunications, e-commerce, software development, and other
knowledge-based sectors. Additionally, DSO supports various types of service,
trading, and industrial businesses.
2. How long does the approval
process take in DSO?
The approval process typically takes between 2 to 4
weeks, depending on the completeness of documents and the nature of the
business.
3. Can I own 100% of my business in
Dubai Silicon Oasis?
Yes, businesses operating in DSO enjoy 100% foreign
ownership, making it attractive for foreign investors and entrepreneurs.
4. Do I need a physical office to
get approval in DSO?
Yes, leasing an office space within Dubai Silicon
Oasis is mandatory to obtain the business license and final approval.
5. What is the minimum capital
requirement for setting up in DSO?
For free zone companies, the minimum capital
requirement is AED 100,000. However, the exact amount may vary depending on the
type of business.
6. Can I hire international staff
for my company in DSO?
Yes, businesses can hire international employees
and apply for UAE residence visas for them. DSO offers visa processing services
as part of their support to businesses.
7. Is there a renewal process for
the license?
Yes, the business license issued by DSO is valid
for one year and must be renewed annually. Failure to renew the license may
lead to penalties.
8. What are the benefits of
operating in Dubai Silicon Oasis?
100% foreign ownership.
Zero taxes on income and profits.
State-of-the-art infrastructure and facilities.
Full repatriation of capital and profits.
Easy access to global markets.
9. Can I convert my existing
mainland business to DSO?
Yes, existing businesses in the UAE mainland can
apply to relocate their operations to Dubai Silicon Oasis by applying for a new
business license.
10. How can I contact Dubai Silicon
Oasis Authority?
You can contact DSO via their official website or
visit their head office located at the Dubai Silicon Oasis Authority
headquarters in Dubai.