Dubai Silicon Oasis created in 2004 under the aegis of the Government of Dubai within the framework of the project on Dubai economy development towards science and technology is focused on the most update technologies and materials, micro and optoelectronics.
More than 100 companies are registered in the vast area of this zone located close to the Emirates road and International city.
Dubai Silicon Oasis FTZ is primarily intended for the companies involved in the activity related to information and high technology, electronic system and technology, engineering, semiconductors, data centers, mobile technology, software, import and export etc. Any companies providing the related services may be also registered in this zone as the consulting companies, financial institutions and law firms.
Dubai Silicon Oasis represents the structure providing with everything needed to operate and develop in IT, including office premises, conference rooms, multifunctional warehouse and production facilities, land plots for development, which were built and erected on the principle of environmental safety.
Types of companies:
- FZCO (New Incorporation of a Free Zone Limited Liability Company)
- FZE (Free Zone Establishment)
- companies registered with the Dubai Department of Economic Development
- start-up businesses
- branch of foreign company
- branch of local company
The main advantages:
- 100% share in the authorized capital
- independent distribution of profits and capital
- tax exemption for 50 years
- no customs duties imposed on goods and services