Set Up Process

To set up your business at DSO simply follow our business set up process and provide the following documents listed below.

 

Client

DSOA

1 SUBMIT APPLICATION FORMComplete relevant application form for desired entity and submit with required documents to DSOA Commercial Sales Section (email) DOCUMENT PRE-APPROVALSubject to document review (activity & security check) initial approval and invoices are issued to the client
2 FEE PAYMENT & LEGAL DOCUMENT SUBMISSIONPayment of related fees and submission of legal documents ISSUE OF LETTER FOR BANK ACCOUNT

DSOA to issue a letter allowing the FZE/FZCO entity to open a bank account with a Dubai bank & deposit capital (only applicable for FZE/FZCO)

ISSUE AGREEMENTIssue lease agreement
3 SIGN AGREEMENT & FZE/FZCO TO SUBMIT SHARE CAPITAL LETTER Client signs lease agreement and returns to DSOA along with bank share capital letter LICENCE ISSUED Registration documents & licence issued

Document Checklist

  1. Application Form
  2. Letter of Intent
  3. Passport Copy(s)
  4. NOC for UAE residents only
  5. Bank statement/reference letter or audited financial report
  6. Company business plan
  7. Original bank share capital letter

Capital Requirement for FZE/FZCO

Minimum Start Up Capital required is AED 100,000

  • In case of FZE, each share shall be in multiples of AED.100,000/-
  • In case of FZCO each share shall be in multiples of AED.10,000/-

Time Taken

Application process = 7days

Registration = Variable (depending on the provision of legal documentation by the applicant)

License & Lease Agreement Issue = Within 2 days from receipt of all legal documents and payment

Please ensure that your applications included all required documents. For more information on documents required please view our document checklist.

* Registering businesses in The Administrative Zone in DSO

Please note that if you wish to operate your business from a property that is not directly owned by Dubai Silicon Oasis Authority but by a private developer/owner in a private development which are found within the freehold/leasehold areas of DSO then you will need to apply to DSOA’s Freehold Licensing Section and follow the Business Set Up Process for The Administrative Zone in DSO.