Located at the very heart of Dubai, the Dubai Silicon Oasis Authority is a tech park and a wholly government-owned free zone. The free zone was built with an aim to promote and host technology companies from across the globe. It attracts businesses with its state-of-the-art infrastructure and modern business and residential services.
In order to support the growth of the high-tech companies operating in the free zone, DSOA has built a comprehensive ecosystem that fosters collaboration and innovation. DSOA maintains a partnership with Rochester Institute of Technology to offer businesses easy access to high-quality talent. DSOA also operates an investment arm and an incubation centre to support start-ups and upcoming high-tech businesses.
The tech city is powered by high-capacity telecommunications services with an extensive network of fibre optic cables, data centres and 8 power stations to meet even the most demanding needs of technology based industries.
Further, DSO is designed to function as a city within a city, all with its own community services and residential and lifestyle facilities that include over 1,800 luxurious villas, and over a hundred retail stores. The residential facilities can be bought or leased as per requirement. A few other facilities include hospitals, schools, supermarkets, restaurants, community centres, parks, and banks.
In addition to easy access to a market of nearly 2 billion people, spread across three geographical regions, the DSOA offers businesses a number of advantages like 100% foreign ownership, 100% repatriation of capital, zero income tax, and fast business set-up, licensing and employee visa processing.
Business looking to set up an office at DSOA can choose from any of the following types of establishments:
International tech companies looking to open a branch office in Dubai aimed at performing the same businesses activities as the parent company.
2.Free Zone Establishment (FZE)
Free Zone Establishment is a legal business entity that’s registered to a single shareholder.
3.Free Zone Company (FZCO)
Free Zone Company is a legal business entity that’s registered to a minimum of two shareholders.
To further facilitate business formations, DSO has appointed WorldWide Formations Limited (WWFL) as their official registered agents. WorldWide Formations offers professional services to businesses, industries and individuals looking to register companies in the UAE. A pioneer in the region, WWFL has over a decade of experience in company formation. It is a one-stop shop for all aspects of company formations in the UAE and works closely with all major Free Zones. WWFL offers services like incorporation of companies in free zones and traditional LLC companies in non-free-zone jurisdictions, residential & employment visas, all kinds of legal documentation like memorandum, articles of association, related resolutions, virtual office facilities and much more.