If you are looking out for a smooth and easy company formation in Silicon Oasis Dubai or business setup in Silicon Oasis Dubai, our company can help you in specific time and targeted manner. To begin with company formation in Silicon Oasis Dubai, you should have the following information:
- Silicon Oasis is owned fully by the government of Dubai.
- The government established this sector to promote businesses that are based on modern state-of the-art technology.
- Since the inception of DSOA, it has grown into a throbbing business island of Dubai and Middle East. This is one of the many reasons why people look out for company formation in Silicon Oasis Dubai.
DSOA allows three kinds of company formation in Silicon Oasis. They are:
- FZE or Free Zone establishment can be used by those company formation in Silicon Oasis that have single shareholder or a single company shareholder or corporate. You should know that the minimum capital required for company formation in Silicon Oasis or business setup in Silicon Oasis is AED 100,000.
- FZCO or Free Zone Company can be used by that company formation Silicon Oasis who has two or more shareholders. 50 is the usual limit of stakeholders in this kind of company formation in Silicon Oasis. If you are interested in this kind of company formation in Silicon Oasis, you should have minimum capital money of AED 100,000. Further, each shareholder in this kind of company formation in Silicon Oasis Dubai should have a minimum share of AED 10,000 or a multiple of this value.
- DSOA also allows the establishment of branch of previously incepted company that is situated outside this region. This kind of company formation in Silicon Oasis Dubai or business setup in Silicon Oasis may have their headquarters within UAE or across the country borders. In this kind of company formation in Silicon Oasis Dubai or business setup in Silicon Oasis there is no rule on minimum required capital.
You also need to know about the different kinds of licenses that DSOA allows for Business Setup in Silicon Oasis. There are four types of licenses for Business Setup in Silicon Oasis:
- Industrial license can be availed for business setup in Silicon Oasis if you are manufacturing firm.
- Service licenses can also be acquired for business setup in Silicon Oasis Dubai if you are service providing company.
- Trade license is for that business setup in Silicon Oasis Dubai who deals in import, export, distribution and retail.
- Special license can be opted by that business setup Silicon Oasis Dubai who falls under the category of administrative zone of DSOA. An EBL license is specially designed to support young entrepreneurs in their Business Setup Silicon Oasis Dubai. If you have any query regarding this type of Business Setup Silicon Oasis Dubai, contact us today.