Dubai Silicon Oasis Authority (DSOA) could be a free zone that’s 100%-owned by the govt. This free zone is formed with a purpose of supporting the business expansion of the country. As different free zones within the UAE, there’s quite a list of advantages for the businessmen who prefer to establish their business within the Dubai Silicon Oasis.
Dubai Silicon Oasis spans around 7.2 million square meters. There are referred to as pillars in Dubai Silicon Oasis that are divided supported the facilities for industrial, commercial, education, living residences, and public facilities. The world has the essential things that businessmen would wish once it comes to utility infrastructure.
Types of Company that You Can Set Up in Dubai Silicon Oasis
The below data discusses the categories of a company that you will form within this free zone. Though the Dubai silicon Oasis company setup price isn’t mentioned, the specified capital quantity is which will offer you an idea of how much you must prepare whereas planning to build your business.
The Dubai Silicon Oasis permits any company that is established within the UAE or in different elements of the planet to own their branch be registered during this free zone. The need is that the character of the activity of the branch which will be established within the area should be the same as its parent company’s nature of the activity. There’s no minimum needed capital in establishing a branch.
- Free Zone Establishment
In establishing a free zone institution, there’s only 1 shareholder. It is a private or a non-individual/corporate. This type of company incorporates a liability status. The minimum needed capital to determine a Free Zone Establishment is AED 100,000.
A free zone Company, on the opposite hand, includes a minimum of 2 shareholders. It is non-individual(s)/corporate. Similar to the FZE, there’s a limited liability standing for Free Zone Company. The minimum needed capital to establish an FZCO is AED 100,000.