Dubai Silicon Oasis Authority (DSOA) is a well-known tech park created to support tech industries, research, development and innovation in order to make UAE a tech hub. The government has invested heavily on founding the infrastructure of DSO to make it ideal for setting up technology companies; DSO features a fibre optic cable network, tier 3 data centre and 8 power stations with a capacity of 1600 MW. DSO is owned wholly by the Government of Dubai, and provides several incentives to companies within it.
Spread across 7.2 square kilometers, DSO has a spot for ventures, business space, instruction offices, habitations and other open exercises. DSO has been planned as a profoundly evolved biological system which gives business a small bunch of favorable circumstances including elite framework, in-house business services which has been attracting companies involved in Semiconductor Manufacturing, Fabless IC Design, Test & Assembly, Microelectronics Electronic Manufacturing Systems and Optoelectronics related industries. DSO is located just minutes away from Dubai International Airport, Jebel Ali Airport, Port Rashid, and Business Districts, allowing clients to access it easily from all over Dubai.
Business Setup Process in Dubai Silicon Oasis
Dubai Silicon Oasis Authority sets out certain procedures and documents to be followed before registering any kind of businesses in DSO. The business setup procedure is as follows:
- Submit an application for initial approval by providing relevant documents to DSOA
- Once you receive the initial approval, you need to pay a certain amount of fees and submit the legal documents
- You need to sign the lease agreement issued by DSOA and return the same
- The necessary permit to operate will be given by DSOA
Note: The whole registration process takes 7 to 10 days.
Sorts of Business Licenses Available in Dubai Silicon Oasis
Once you have decided on the business activity to be performed, DSOA will provide you with one of the following types of business licenses:
1. Trade Licence
Any entity with a trade license can conduct business activities related to import, export, and distribution and storage of goods.
2. Service License
A service license allows an entity to carry out only specified services.
3. Industrial License
An industrial license holder can conduct manufacturing processes by importing raw materials and exporting finished products.
4. Business Operation Permit
This is a special license issued to the companies operating in the areas owned by private developers. The license is issued only to Department of Economic Development (DED) based companies.
5. Entrepreneurial Business License (EBL)
An EBL is a low-cost license which is granted in return for a small stake in the applicant’s business. This type of license is provided to encourage the young businesses by offering support services and resources.
Types of Business Activities in Dubai Silicon Oasis
As the region’s technology park, DSO is the home for technology sectors and other tech support services. High-tech industries being its central focus, it also caters to a wide range of other businesses, including:
- Information Technology
- Electrical & Electronics
- Engineering and Related Activities
- Law Firms
- Finance Institutions
- Oil & Gas
- Alternative Energy
- Company Headquarter Offices
- Sales & Marketing
- Other Training Centres
- Distribution Facilities
- Testing and Checking
- Assembly & Packaging
- Manufacturing & Storage