Top Factors for Business Setup in Dubai Silicon OASIS

HLB HAMT

image

HLB HAMT - Accounting Firm in UAE

Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com

    Schedule a Consultation






    Top Factors for Business Setup in Dubai Silicon OASIS

    Dubai Silicon Oasis (DSO) is a completely government-owned free zone in Dubai established in 2004. Being considered the only technology park that offers opportunities for people to live, work, and play, DSO has gained popularity among professionals and families. The luxurious lifestyle, equipped with a gym, pools, and other recreational facilities along with the luscious greenery in the region is making DSO indeed an oasis of serenity and merriment.

    DSO is constantly maximizing its advantages by providing an integrated ecosystem that fosters entrepreneurship and technology through collaboration and other sustainable practices. Dubai Silicon Oasis has become the major destination for people who seek an all-encompassing community lifestyle. Industries based on the latest technology, ultra-modern infrastructure, and various internal business services, Dubai Silicon Oasis (DSO)makes it easy for people to collaborate, and also for coming up with innovative and highly beneficial solutions that maximize the productivity of businesses.

    Major Business activities in DSO

    • Technology & Design
    • Transportation & Logistics
    • Manufacturing & Construction
    • Food & Beverage
    • Professional Services
    • Consultancy
    • Hospitality
    • Waste management
    • Health
    • Marketing
    • Education
    • Tourism
    • Trading

    Benefits of company formation in DSO

    • 100% foreign ownership
    • 100% repatriation of capital
    • Zero income tax
    • No import or export tax
    • State-of-the-art IT infrastructure
    • Easy, quick, and cost-effective setup process
    • Variety of offices and warehousing facilities
    • Wide range of IT and technology business activities
    • Access to highly talented technical and engineering professionals whenever you need them.
    • No restriction on hiring foreign employees.
    • No restraints over capital nationality
    • Simple customs clearance process
    • Speedy processing of employee visa

    Types of business setup in DSO

    Free zone Establishment (FZE)

    • The companies registered by one shareholder can establish a business in DSO.
    • An individual or corporate can become the shareholder.

    Free zone Company (FZCO)

    • The companies registered with a minimum of 2 shareholders can initiate business in DSO.
    • An individual or a corporate can become the shareholder.

    Branch

    • Branch of an already established foreign company or a company in the UAE can register in DSO.
    • Business activities performed by the branch must match with the business activities done by the parent company.

    Type of licenses offered in DSO

    Service license – Companies that provide accounting and business consulting services can apply for a service license. The company can provide only those services that are mentioned in the license.

    Trade license – A Trade license allows you to import, export, and trade the items specified in the license.

    Industrial license – If your business requires to do activities such as importing raw materials, manufacturing, processing, assembling, packaging, and exporting the final product, then you must obtain the industrial license from the DSO authority.

    Business setup process in DSO

    Submit an application form

    • Register on DSOA’s customer portal.
    • Download the application form.
    • Add the required details in the application form and submit it.

    Submit the pre-approval documents

    • Submit the pre-approval documents for review.
    • After review, the authority grants the initial approval.

    Submit the legal documents and pay the required fee.

    Issue E-Agreement

    • Issue lease agreement
    • The Digital agreement shall be sent to the client’s registered email address.

    Submit the signed e-agreement and share capital letter

    • Clients must sign the e-agreement.
    • Send it back to the authority with the share capital letter (share capital letter is only applicable to FZE and FZCO)
    • 0% minimum paid-up share capital.

    Issuance of e-license

    Required Documents for registering your business in DSO

    • Application Form
    • Letter of Intent
    • Passport Copy
    • NOC for UAE residents only
    • Audited financial report or Bank statement/reference letter
    • Company business plan

    Facilities available in DSO

    • Warehouses
    • Serviced offices
    • Industrial lands
    • virtual and Flexi desks
    • Retail outlets

    HLB HAMT to Assist!

    Our success is bound to the satisfaction of our clients. With our happy clients across the world, HLB HAMT has become the most advantageous organization entrepreneurs can rely upon. We are diligent in providing transparent and secure services to every kind of business venture. Our experienced professionals will listen to your needs and give suggestions to get things done without any headaches. If you are seeking guidance in setting up your business in Dubai Silicon Oasis, you are in the right place. Give us a call to know more about the procedures and special offers that DSO provides. We are available round the clock.

     

    Would you like to rate us on Google?         

     

    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
    Next Reviews
    js_loader

    Get in touch
    x
    x

    Share to:

    Copy link:

    Copied to clipboard Copy