September 23, 2024

Dubai Silicon Oasis (DSO) has quickly become one of the most popular free zones in Dubai, as it offers companies from all over the world a great opportunity to establish their business there because of the convenient location, well-developed infrastructure, and favorable conditions. If you are planning to start a business in DSO, it is important that you learn about the company formation cost in Dubai Silicon Oasis. In this guide, you’ll learn about the expenses you’ll incur, the advantages of this process, and why AB Capital is the perfect partner for you. What is Dubai Silicon Oasis (DSO)?   Dubai Silicon Oasis is a government-owned free zone offers a special environment for technology related industries, which makes it a perfect place for innovation, research and development. It has modern infrastructures, sound information technology and communication systems and many business incentives that qualify it as one of the most favorable destinations for start-ups, SMEs and MNCs. Why Set Up a Company in Dubai Silicon Oasis? Setting up a business in DSO offers a multitude of advantages, including: 100% Foreign Ownership: Have complete control of your business and do not require a local partner to start the business. Tax-Free Environment: The tax regime of DSO includes the personal and corporate income tax, which is zero percent*. Strategic Location: DSO is in proximity to the Dubai International Airport, hence enabling the company to easily access international markets. Advanced Infrastructure: Contemporary working environments, storage facilities, and a stable information technology environment. Business Support Services: From the visa processing to the legal support, DSO offers a wide range of services to the businesses. Dubai Silicon Oasis Company Setup Cost Breakdown It is important to know all the costs that are associated with establishing a business in Dubai Silicon Oasis in order to effectively plan for the financial aspect of the business. Below is a detailed breakdown of the DSO company setup cost: 1. License Fees Depending on the type of license that you decide to go for, the overall cost will be greatly influenced. DSO offers several types of licenses, including: Service License: Service sector organizations, for example, consultancy firms. Trade License: For companies involved in trading activities. Industrial License: For manufacturing and industrial operations. License Fees generally start from AED 12,000 and can go up depending on the business activity and license type. 2. Office Space Costs The cost of office space in DSO is relative to the needs of your business. Options include: Flexi Desk: Starting at AED 9,000 per year, ideal for startups and freelancers. Standard Office: Prices start at AED 20,000 annually. Customized Office Spaces: Tailored to specific business needs, with costs varying based on the customization. 3. Registration Fees The company registration fee at DSO is normally about AED 3,500. This fee is a one-off charge that is used to cater for the expenses required in the formation of the business entity in the free zone. 4. Visa Costs Costs related to obtaining a Visa are also a part of the DSO company setup cost. Every employee visa will be in the range of AED 3,000 to AED 4,500 depending on the type of visa and time taken to process the visa. Further, there are costs of visa for the business owners and investors themselves and for their dependents. 5. Share Capital Requirement DSO does not have a minimum share capital requirement for all business types, but it is expected that companies should pay an initial share capital of AED 50,000 which may differ depending on the type of business. 6. Additional Costs Government Approvals: In case of some business activity, other permits from the government may be necessary, which can range from AED 1,500 to AED 5,000. Legal Fees: The legal documents such as Memorandum of Association (MoA) may take about AED 2,000 to AED 3,000. Estimated Total Cost for DSO Company Setup   From the above factors, it is estimated that the cost of setting up a company in Dubai Silicon Oasis will cost between AED 11,900 to AED 25,000. This estimate encompasses license fees, office space, visa costs, and other overhead costs. However, costs may differ depending on the needs of your business and the features that you will need. Why Choose AB Capital for Your Dubai Silicon Oasis Company Setup? AB Capital specializes in assisting companies to set up their operations in Dubai Silicon Oasis with relative ease. Here’s why you should consider partnering with AB Capital. Expert Guidance: AB Capital has adequate knowledge of the regulations and procedures of DSO and thus offers efficient setup. Tailored Solutions: We have flexible packages depending on your business requirement so that you only pay for the services you require. End-to-End Support: Starting with the consultation to documentation, visa services, and even office services, AB Capital takes care of everything that is required in company formation. Competitive Pricing: There are no hidden charges when dealing with AB Capital, so you are assured of getting the best value for your money. How AB Capital Simplifies the DSO Company Setup Process   Initial Consultation: We consider your business goals and define the appropriate company type and license. Documentation Preparation: Our team also manages all the paperwork to ensure that your application is compliant with all the legal requirements. License and Registration: We ensure that your license and registration is done in the shortest time possible, thus reducing on the time you take to concentrate on your business. Office Setup: AB Capital helps in the search for the right office space, whether it is a hot desk or a tailored office space. Visa Processing: Whether it is the owners’ visas or the employees’ visas, we take full responsibility for the visa application process. Conclusion Establishing a company in Dubai Silicon Oasis is a wise move that provides many advantages for organizations that want to succeed in a country that has no taxes and supports innovation. It is important to have adequate knowledge on the company setup cost in Dubai Silicon