Dubai Silicon Oasis company formation can take its first step by choosing an office space. The rest of the procedures involved in business set up in Dubai silicon oasis free zone is company name reservation, pre approval of business, lease agreement, payment and finally getting the license. The company incorporation usually takes about 2 weeks here.
Silicon Oasis Free Zone Authority issues three types of licenses depending on the nature of the business activities.
Trading License
Industrial License
Service License
There are mainly three company structures to opt from for an investor looking for setting up a business in Abu Dhabi Mainland. They are as follows:
Limited Liability Company (LLC)
Representative Office
Foreign Company Branch
Apart from these, there are some special licenses for the businesses that operates from its premises. They are Business Operation permit and Entrepreneurial Business License.
Foreign entrepreneurs need to submit few documents at Silicon Oasis free zone Authority to get approval. They are Application form, Letter of intent, Passport copy, NOC for UAE residents only, Bank statement/reference letter or audited financial report and Company business plan.
Business set up procedures in Silicon Oasis Free Zone is comparatively simple and requires less time. The basic set of procedures to be followed are application form submission, registration on DSOA’s customer portal, fee payment, submission of legal document and e-agreement issued by DSOA to be submitted after signing. Well, after these, e-license will be issued.
To set up business in Dubai silicon oasis free zone, the incorporation experts in Modern Typing can help you and assist all through the registration process until you become a company in Dubai Silicon Oasis Free zone.