Category: Company Formation in Dubai Silicon Oasis

Benefits of company Formation in Dubai Silicon Oasis

Dubai Silicon Oasis (DSO)

Dubai stands at the crossroads of the East and the West, both geographically and culturally.
In little over two decades, Dubai has metamorphosed into a business behemoth, rivalling the top cities in the world. From being a dusty old town with a local trading community, today Dubai is an immensely attractive business destination for any company that wants to capture the rapidly expanding markets of the Middle East, Asia and Africa. Dubai is a city that inspires every other city and nation to strive to reach the heady heights which Dubai has scaled.
Dubai’s strategic geographical location makes it the ideal gateway between the East and West opening the door for businesses to target more than 2 billion people. It also is the hub for the region’s import and export industry, one of the most profitable markets the world over.
With the winning combination of increased foreign ownership, relaxed immigration formalities, excellent communication and infrastructural networks, and the relative ease in starting up a business, Dubai provides an ideal climate for operating a successful business.

Dubai Silicon Oasis Authority (DSOA) is a government-owned free zone and a technology park with revolutionary ideals situated in strategic location in Dubai. This elegant economic free zone in Dubai values highly efficient technology based industries and focuses on becoming one of the world’s leading centers of advanced innovation, design and development in the field of electronics. Dubai Silicon Oasis (DSO) offers you an integrated community environment where, along with your profession, you are entitled to the benefits of residential facilities, schools, shopping centers and many more leisure opportunities. A state-of-the-art utility infrastructure combined with advanced telecommunication facilities, electricity, and road networks makes us stand apart and ahead of our competitors. The companies operating within the free zone are guaranteed the all-round package of incentives and benefits.

 

Advantages of DSO

  • Strategic location in Dubai
  • Online support to register the company
  • 100% ownership
  • Personal income tax 0%
  • Corporate tax 0%
  • 100% repatriation of capital
  • No import or export tax
  • Low cost of operation
  • Free document assessment service
  • Stringent Intellectual Property (IP) law and support
  • Subsidized Electronic Design Automation (EDA) tools
  • Subsidized lease rates for high-tech companies
  • State of art IT infrastructure and affordable offices in the UAE
  • On-site IT support
  • Microelectronics lab
  • Business friendly one-stop-shop
  • Plug and play office space
  • Highly secured and state-of-the-art data center

Additional services in Silicon Oasis free zone.

  1. Careful documentation for a technology based company
  2. Preparation of necessary plans to prepare
  3. Airport transfers
  4. Document due diligence
  5. Formation of the company
  6. Private services
  7. Post formation services
  8. Visa services
  9. Company management services
  10. Company bank account opening
  11. Online payment for visa and company
  12. Installments plans for investors
  13. Special power of attorney

  Need of a Business Consultants   

Speak to a professional business setup consultant in Dubai before you set up a company in Dubai. While starting a business in Dubai you need to make some major decisions. This involves business plan, monetary investments, type of business activity, jurisdiction, financial policies, income structure, business licensing, documentation and the list goes on. Talking to an expert before starting a business can always be a wise decision.

Nam Accountants could be your first choice if you r looking to open a new business in Dubai,UAE .Or want to expend your business in Dubai. Entrepreneurs often find themselves in unfamiliar territory when starting a business and lack the knowledge ,time and expertise to develop reliable plans,appropriate business model and strategies to grow their business . So save your time and energy and give us chance to give you unlimited comfort to your business.

For more details visit : Company Formation in Dubai Silicon Oasis 

Company Formation in Dubai Silicon Oasis

Company Formation in Dubai Silicon Oasis

Dubai has long caught attention due to its favorable conditions for entrepreneurs looking to make it big. Each of the UAE’s free zones also offers a set of distinct advantages that differ from one to the next. For company formation in Dubai Silicon Oasis Free Zone (DSOA) which, along with the headline benefits listed above, also affords business owners a host of support services and an affordable, fast and straightforward setup process. 

Business Setup in Dubai Silicon Oasis: This free zone is heart of Dubai when you want to the best markets of the Middle East, North Africa, Asia and the Indian subcontinent.

  1. Convenient set up :A major factor behind its popularity is convenient setup service. The free zone offers fast-track business licensing with the entire application process taking no more than seven days – license and lease agreements are usually issued within just two days of submitting your legal documents and payment. Licenses start from just AED 18,700.
  2. Many options for doing business and license: It describes itself as helping to ‘facilitate and promote modern technology based industries. DSOA issues service, trade and industrial licenses to companies from all Department of Economic Development (DED) listed industries, plus IT.
  3. Flexible setup and office options :While taking some form of office or desk space is a mandatory requirement, Dubai Silicon Oasis offers a broad range of setup options so you won’t feel tied down. Flexi-desk package allows entrepreneurs use of its state-of-the art business facilities on an ad-hoc basis and it can come with a maximum of three visas.

 

  1. Sufficient visa options :They allow three visas and taking office or warehouse space enables you to set up with multiple visas. The only caveat being the more visas you wish to apply for, the more space you’ll be required to take.
  2. Sponsor dependents for their visas: As well as applying for plenty of visas for your employees, it’s also very straightforward to sponsor your dependents for their visa applications as well. Whether you require a visa for a spouse, child, maid or driver, the process is four straightforward stages. Keep in mind, however, that the sponsoring process is usually slightly easier for men than women.
  3. Set up with multiple shareholders: Setting up a free zone establishment in DSOA allows you to go it alone and maintain sole control of your business. If, however, you wish to set up with a partner – or partners – you also have that option. For that, Dubai Silicon Oasis allows you to establish a free zone company with anywhere between two and five shareholders.
  4. Auditing and book keeping requirements: These requirements make it one of the most respected free zones among banks and other professional institutions. However, while auditing and bookkeeping is mandatory, that’s not to say it’s excessive. All businesses registered in the free zone must simply submit yearly books and undergo an annual audit.

There are a number of steps that need to be undertaken, some complex, some less so. The first thing to do is choose your business activity. From here you can decide on your company name, complete and file your registration paperwork with the relevant authorities, open a bank account, and apply for any visas that may be required.

For more details visit : http://www.namaccountants.com/free-zone-company-formation/dubai-free-zone/dubai-silicon-oasis.html

 

 

All about Dubai Silicon Oasis (DSO)

company setup in Dubai

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.

  1. Branch

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.

  1. 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.

  1. Free Zone Company (FZC)

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.