Introduction
Dubai Silicon Oasis (DSO) is a free zone in Dubai, United Arab Emirates, that is dedicated to the development of technology and media companies. DSO offers a number of advantages to businesses, including 100% foreign ownership, 0% corporate and income tax, and easy access to the Middle Eastern and African markets.
Registering a company in DSO is a relatively straightforward process. However, there are a few things that businesses need to know in order to ensure a successful registration.
Steps to register a company in Dubai Silicon Oasis
- Choose a company type
The first step is to choose a company type. DSO offers a variety of company types to choose from, including limited liability companies (LLCs), free zone companies (FZCs), and branches of foreign companies.
Businesses should choose the company type that best suits their needs. For example, if a business is planning to operate solely in DSO, then an LLC or FZC would be a good choice. If a business is planning to operate in DSO and other jurisdictions, then a branch of a foreign company may be a better option.
- Choose a company name
Once a company type has been chosen, the next step is to choose a company name. The company name must be unique and must not be offensive or misleading.
Businesses can search for available company names on the DSO website. Once a company name has been chosen, it must be reserved with DSO.
- Prepare the required documents
Once the company name has been reserved, businesses need to prepare the required documents for company registration. The required documents vary depending on the company type, but typically include the following:
- Completed application form
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Passport copies of all shareholders and directors
- Passport-sized photos of all shareholders and directors
- Business plan (for LLCs and FZCs only)
- Submit the application and pay the fees
Once the required documents have been prepared, businesses need to submit them to DSO. The application can be submitted online or in person.
Businesses will also need to pay a registration fee and a license fee. The registration fee varies depending on the company type, but is typically around AED 1,000. The license fee also varies depending on the company type and the activities that the company will be undertaking.
- Collect the trade license
Once the application has been approved and the fees have been paid, businesses will be able to collect their trade license. The trade license is required in order to operate a business in DSO.
Conclusion
Registering a company in Dubai Silicon Oasis is a relatively straightforward process. However, there are a few things that businesses need to know in order to ensure a successful registration.
Businesses should choose the right company type, choose a unique company name, prepare the required documents, and submit the application and pay the fees. Once the application has been approved and the fees have been paid, businesses will be able to collect their trade license.
Recommendation: BizDaddy
BizDaddy is a leading company formation company in Dubai that can help businesses register their companies in Dubai Silicon Oasis. BizDaddy has a team of experienced professionals who can guide businesses through the registration process and ensure that their applications are successful.
BizDaddy also offers a variety of other services, such as accounting, auditing, and VAT registration. BizDaddy can help businesses with all aspects of setting up and operating a business in Dubai.
If you are considering registering a company in Dubai Silicon Oasis, I recommend contacting BizDaddy to discuss your needs. BizDaddy can help you choose the right company type, choose a unique company name, prepare the required documents, and submit the application and pay the fees. BizDaddy can also provide you with the support you need to launch a successful business