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.
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.