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Calculate Your Business Setup Cost in UAE

Dubai Silicon Oasis: Complete Company Setup Guide

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  • Blog
  • Dubai Silicon Oasis: Complete Company Setup Guide
  • By : Flyingcolour
Last updated: Sat 14 Sep 2024 |
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Table of Contents

    • Types of Licenses
      • Free zone Establishment (FZE)
        • Free Zone Company (FZC)
          • Branch Set-Up
            • Employment Visa Cost
            Dubai Silicon Oasis is also known as DSO Free Zone. The travel distance from DSO is less than 30 minutes from Dubai Airport, Sharjah, Burj Khalifa and other business districts.

            Types of Licenses

            1. Free Zone Establishment (FZE)
            2. Free Zone Company (FZC)
            3. Branch Set-up

            Free zone Establishment (FZE)

            • This is for single owner company
            • The shareholder can be individual or a non-individual
            • The minimum share capital required is AED 10,000
            • License option Service, Trade & Industrial
            • The manager of the company must be under DSO authority sponsorship i.e must have a visa from DSO company

            Free Zone Company (FZC)

            • This is for two or Upto 10 shareholders
            • Shareholder can be individual or non-individual
            • The minimum share capital required is AED 10,000
            • License option service, Trade & Industrial

            Branch Set-Up

            • The companies registered in UAE or any foreign country can register its branch in Dubai Silicon Oasis
            • The activity of the branch needs to be similar to the activity of the parent company
            • The Name of the company will be same as of the Parent company adding Branch with the name
            • There is no minimum share capital requirement for a branch company
            • It is mandatory of the manager in the license to be under the sponsorship of DSO Authority i.e have a visa from the DSO company
            • All the documents should have valid signatures and authorized stamp. The documents need to be in Arabic or English
            • Documents from UAE mainland will need to be notarized by a public notary or equivalent authority
            • Documents that require attestations must be attested by UAE Embassy or consulate in the country of origin
            Dubai Silicon Oasis Complete Company Setup Guide
            License Fee in (AED) Yearly One Time Reg Cost(AED) Share Capital Required (AED) Number of shareholders
            Branch 12,000 None None Parent Company
            Free Zone Establishment (FZE) 12,000 5,000 10,000 1
            Free Zone Company (FZCO) 12,000 5,000 10,000 2 - 10
            The Share capital required can be withdrawn and used for company purposes after the bank share capital letter is issued, certifying the deposit of the designated capital.
            Office cost start from 1380/sq. m per annum. Water and Electricity will be as per consumption. Lease term – 2 years (renewable) Visa eligibility depends on office size which is like 1 visa per 9 sq. m. For the first year will have to register with the office after one year they can register with desk.

            Employment Visa Cost

            Type Service Fee AED Days
            Employment Visa (Inside Country) Regular 4800 15
            Silver 5800 10
            Gold 6400 5
            Employment Visa (outside Country) Regular 3200 15
            Silver 4400 10
            Gold 5100 5
            • This Package includes entry permit, medical test, Emirates I.D registration application, visa stamping and DSOA - I.D
            • For applicants above 60 years will require an additional amount of AED 5000)
            • For certain nationalities AED 500 may apply as immigration committee fee.
            This blog is written by Ms. Smita Thomas, Business Advisor at Flyingcolour Business Setup, VAT and Accounting Services, Dubai. If you have any query related to setting up a business in Dubai Silicon Oasis or anywhere across in the UAE then feel free to call +971 4 4542366 today for a quality consultation or please send inquiry to info[at]flyingcolour[dot]com.
            - Sun 09 Feb 2020
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