Dubai, the trading center of the United Arab Emirates, is the first place an ex-pat investor thinks of when they want to start a new business or grow an existing one abroad. There are many benefits for entrepreneurs who choose the emirate to start a business, just as there are many business opportunities for the rest of the world. Dubai Silicon Oasis will not let you down if you want to start a retail store, a perfume business, an event management companies, an accounting, and auditing company, a real estate company, or an e-commerce business.
A Brief Look at the Dubai Silicon Oasis Free Zone
The Dubai government started Dubai Silicon Oasis (DSO) in 2004. It is known for its excellent engineering, development, and technology. The Dubai Silicon Oasis is the only tech park in the UAE where people both work and live. The corporate facilities and living flats in this free zone are designed in a modern way, giving investors a unique choice.
How do you start a business in the Dubai Silicon Oasis Free Zone?
Here are the steps you need to take to start a business in Dubai Silicon Oasis:
Getting Activities Done
Make a list of all the business activities you want to do in the free zone and choose the best one.
Get a name for your business
The next step for your DSO company is to get a trading name. Make sure you pick a name that stands out and that you follow the rules for naming.
Places to work
Get a place for your business to have an office, or talk to the best business setup consultant in Dubai about cheap places in the DSO.
Complete documentation
Send in the documents and papers to meet the compliance standards. Paperwork is also needed to make sure you are who you say you are and to evaluate your business plan.
Fill out a license application
After you've done the things above, you can apply for the license you need. Now, all you have to do is get in touch with the people in charge of Dubai Silicon Oasis and fill out an application.
Dubai Silicon Oasis Free Zone's Pros
Investors can get help with their business needs at the Dubai Silicon Oasis through a number of incentives and services. Here are just a few:
- All of the capital should be sent back home.
- Access to a database of science and technology experts in the area.
- integrated online e-Business system that helps tenants get the services they need quickly and correctly.
- Costs that are easy to manage.
- 100% of the foreign ownership is
- The speed with which you can start a business and get a license
- On the cutting edge of IT services and infrastructure
- Places to live and do business where there are no problems.
- This is a good place to do business because it connects the major financial centers.
There are many types of licenses
Different licenses from the DSOA allow businesses to do many different things.
Industrial License
With this license, the registered entity can bring in raw materials, make, handle, put together, package, and export the finished product.
A License for Service
This lets the business that is registered do only the services that are listed.
Trade License
With this license, the registered company can do business related to importing, exporting, and distributing the goods and services listed in the license.
A special license (business operating license)
Businesses that have already registered with the Dubai Economic Department will get this. Thanks to the license, these businesses can work under a certain DSOA administrative jurisdiction.
CONCLUSION
Business experts in Dubai are expected to play a key role in business setup companies in Dubai because they are the ones who will give you the information and services you need. Knowing how much it costs to register a business in the Dubai Silicon Oasis free zone and get a license can help a company make a budget proposal.
There is the best way to set up a business in the Dubai Silicon Oasis-free zone. Businesspeople must follow this method to set up a legal business in Dubai Silicon Oasis. It's not a good idea to be careless with business places in Dubai because it's a duty that needs to be taken seriously. So, before you try to start your own business for the first time, you should hire business setup experts in Dubai and ask them for the help you need.
Why do you need a Scope Consultant?
The business experts at Scope Consultant will show you how to set up a company in the free zone. We will suggest the best and most cost-effective way to meet all of your needs. For more information, contact us at 0508277463 or 0506613401.
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