Open a Company in Dubai Silicon Oasis Free Zone
Open a Company in Dubai Silicon Oasis Free ZoneUpdated on Thursday 19th January 2017
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The Dubai Silicon Oasis Free Zone is the perfect place for you to establish an enterprise in the field of technology. The transparency and innovation are two key values that make this zone a very popular place for the technology based industries and services companies. Our lawyers in Dubai can help you with the documentation required when you open a company in Dubai Silicon Oasis Free Zone.
Advantages of forming a company in Dubai Silicon Oasis Free Zone
One of the several advantages when you set up a business in Dubai Silicon Oasis Free Zone is that the owner is exempt from paying of income and corporate taxes. Moreover, the regulations concerning company formation and activity have been elaborated on a long term and attentively evaluated by the responsible authorities, thus providing stability and simplicity in their applicability.
The IT infrastructure in Dubai Silicon Oasis Free Zone is one of the most advanced across the entire continent, granting a speedy transfer of data and perfect operability. There is a strong accent put on research and development facilities, which are very important elements to consider when you plan to open a company in Dubai Silicon Oasis Free Zone.
In Dubai Silicon Oasis you will find as well highly trained technical personnel and talented engineers capable to contribute to the innovative technologies you intend to develop or employ in your company.
You can rely on our attorneys in Dubai for professional legal assistance when you decide to open a company in Dubai Silicon Oasis Free Zone.
Steps in forming a company in Dubai Silicon Oasis Free Zone
The first steps you have to make when you decide to set up a company in Dubai Silicon Oasis Free Zone are the completion and submission of an application. The institution receiving the applications is the Dubai Silicon Oasis Authority (DSOA) which settles as well the main lines of development and strategies for this zone. Whether some fees are required, the next step is to provide the proof of payment and to submit as well all other required legal documents. For the FZE (free zone establishment) or FZCO (free zone company) you will need to obtain a letter which allows you to open a bank account in a local bank where you can then deposit the minimum capital. You might need as well to apply for one of the three supported license types: service, industrial trade license.
We invite you to contact our law firm in Dubai for the prompt and professional legal support you will need when deciding to set up a company in Dubai Silicon Oasis Free Zone.