About: With a dynamic commercial and social environment, and the presence of progressive industrial zones, office towers, villas & apartments, R&D units, educational institutions, and healthcare units, Dubai Silicon Oasis (DSO) is a visual definition of the harmonious coexistence of residents and businessowners medley. Launched in 2004 by the Government of Dubai as a 7.2 km2-wide residential and commercial integrated community, DSO offers free trade zone incentives and benefits to businesses operating from the tech park. Tucked smack dab at the intersection of Dubai–Al-Ain Road and Sheikh Mohammed Bin Zayed Road, Dubai Silicon Oasisis one of the best free zones in the UAE for modern technology-based businesses to operate from the high-tech ecosystem in the heart of Dubai. The lifestyle in DSO is notches above with state-of-the-art amenities including schools, universities, hospitals, community centers, shopping complexes, children’s play areas, swimming pools and tennis courts. In a nutshell, DSO is a perfect package of aesthetic infrastructure, urban master-planned community and prompt in–house business services, any entrepreneur would admire!
A technology hub, for IT, industrial, research and development businesses
Total capacity of 97,740 sq. m of commercial space dedicated to offices, multiple-use warehousing and manufacturing land for development.
Key elements of DSO high-tech ecosystem
Large enterprises, startups & medium-sized businesses, universities and an incubation Centre, venture capital funds, high-tech infrastructure and government & business services
Company Type/Legal Forms
1. Branch of any established company, whether in the UAE or abroad: The business activity must be similar of the parent company. 2. Free Zone Establishment (FZE): The shareholder can either be an individual or a non-individual/corporate 3. Free Zone Company (FZCO): Shareholders can be either individuals or non-individual(s)/corporate.
DSO Operating Licences
1. Service Licence: to conduct only specified services. 2. Trade Licence: to carry out activities that are related to import, export, and distribution of goods and commodities as specified in the licence. 3. Industrial Licence: to import raw material, manufacture, and process, assemble, package and export the finished product.
DSO Licence Fee
Special DSO Licences
1. Business Operation Permit: Granted by Dubai Economic Department (DED) as a special permit to companies operating in the Administrative Zone of DSOA (areas owned by private developers) 2. Entrepreneurial Business Licence (EBL): Structured to accelerate the successful development of young entrepreneurs and their businesses through an array of support resources and services.
DSO Service Portfolio
IT Services 1. Data Centre Hosting 2. Telecommunication and Internet Services 3. Network Services 4. E-services Government Services 1. Business Registration & Licensing 2. Customs Clearance 3. Municipal Services & Building Certification 4. Immigration Services & Employee Visa Processing Others 1. Direct helplines and an exclusive client management service with competently trained attendants
1. Guaranteed 100% repatriation of invested capital and profits gained 2. Guaranteed 100% ownership of the business both for individuals and corporate entities 3. Exemption from income tax, corporate tax, and export or import tax 4. Economical cost of operations 5. Futuristic IT facilities and infrastructure, including tier 3 data center 6. Quick and affordable business setup and licensing 7. Exclusive business support services such as the integrated online e-Business system that offers tenants quick and effective services at the click of a button 8. Access to a regional pool of expert engineering and technical professionals 9. Steady and unambiguous regulations 10. Access to more than 5 billion people in the consumer markets of North Africa, Indian subcontinent, and the Middle East 11. Top-notch offices, conference facilities, 24-hour security, daily maintenance and a fully completed road network
Meydan Free Zone
The next free zone on the list of cheapest and best free zones in Dubai is Meydan Free Zone which is a thoughtful creation of Dubai government to offer investors cost-effective business setup solution in Dubai. The free zone quaintly sits in Meydan Stadium at the heart of Dubai, within close proximity to the Dubai Logistics Corridor and a central location near Mohammed Bin Rashid Al Makhtoum City. Studded with a smorgasbord of commercial developments, sports, hotels, entertainment and fun facilities, a string of state-of-the-art business parks, hospitals, schools, residential villa communities, business towers with extravagant waterfront developments and shopping destinations, Meydan Free Zone is a treat for senses not just for business persons but for residents as well. And do we need to mention, the horse racing lovers!
In the vicinity of Downtown Dubai
Media and Consultancy-related businesses. Ideal for freelancers or small start-ups. E-commerce, General Trading, Management Consultancy, Real Estate Consultancy, Web Portal, Holding Company, HR & Recruitment, Advertising & Marketing, Technical Services, Accounting, Book Keeping & Auditing are the most commonly seen business activities in Meydan out of 1,500 permissible activities
Meydan free zone company only operates with Flexi-desk. The free zone does not offer warehouse space now.
Shares / Shareholders
Shares 1. Bearer shares are not permitted 2. All shares must be fully paid when allocated 3. Different classes of shares are not allowed Shareholders 1. 1 minimum and 7 maximum shareholder/s in a Meydan-licenced company 2. Presence of the shareholder at the time of the establishment of the Meydan Free Zone company is a must, be it physical or through an attorney. 3. One can be a partner/shareholder in multiple companies
Directors / Managers / Auditors
A minimum of one director and at least 1 manager (under the company’s visa) are allowed in one Meydan free zone company. The appointed manager should be a natural person and his name shall be on licence. A Meydan free zone company shall appoint an auditor and file annual accounts as may be requested by the authorities
The minimum share capital for a new Company and Subsidiary is AED 100,000 per company. Branches are exempt from the requirement of additional share capital.
Company Type/Legal Forms
Sole establishment, limited liability company, and branch of a foreign Company are allowed for Meydan free zone company. This is worth noting that only individual directors are permitted in Meydan free zone company not corporate directors. Company name must end with the word “LLC-FZ” as the case may be, furthermore location names and religious words are prohibited.
Meydan Trade Licences
1. Zero Visa Business Formation Package: AED 12,500 2. One Visa Business Formation Package: AED 14,350 3. Two Visa Business Formation Package: AED 18,505 All three Meydan licence packages include LLC-FZ Trade Licence, mentioned Visa Allocation, 3 Business Activities and Lease Agreement. You may save more with a Multi-year Setup.
DSO Free Zone Business Setup Benefits
1. Premier location for new business in Dubai 2.100% foreign ownership 3. 100% repatriation of capital 4. Exemption from income tax, corporate tax, and export or import tax 5. Economical cost of operations 6. Futuristic IT facilities and infrastructure 7. Cost-effective business setup and licensing packages 8. Smooth and competent licensing and business registration procedure 9. Exclusive business support services 10. Easy and instant free zone business setup 11.Investors can even conduct their business through a Flexi desk 12. Premium location for your business setup 13. Excessively secure & regulated business environment
Dubai Healthcare City
For those who want to join an established, evolving, thriving community of excellence in the heart of the Middle East’s commercial and medical tourism capital, here’s our third cheapest and best free zone in Dubai – Dubai Healthcare City (aka DHCC or DHCA). Standing the test of time since 2002, the urban healthcare milestone is all decked up with world-class amenities which makes it a haven for Dubai lovers to live and invest! As the name suggests, the free zone has been installed to support individuals and corporations in advancing their healthcare services while engaging with the community and relishing the exuberance of the central healthcare communities. Globally acknowledged location of choice for quality healthcare and an integrated center of excellence for clinical and wellness services, medical education and research, the free zone is every bit perfect for businesses in the healthcare sector. The free zone is governed by the independent regulatory arm, Dubai Healthcare City Authority – Regulation (DHCR), whose quality standards are accredited by the International Society for Quality in Healthcare (ISQua). The process of business formation and securing a commercial Licence to operate in Dubai Healthcare City is short and efficient. Establishing a business in Dubai Healthcare City gives you direct access to a number of benefits including custom-fitted facilities, trendy offices or desk space. MASAAR, their e-services system, puts the bow on its reputation as one of the most business-friendly free zones in Dubai!
Business activities in Healthcare, Education, Research, Wellness, Hospitality, Retail, Business Support, Support Services, Regional Headquarters and Property Services, categories
Leasing Options 1. Clinical spaces. 2.Non-clinical (retail) spaces. Business Center 3. Executive Desk: Ideal for companies that require minimum space. 4. Executive Office – Perfect for companies seeking full-fledged furnished offices. Others: DHCC also offers Freehold Investment opportunities.
Online Business Setup Procedure
1. Sign up as Investor 2. Submit Initial application 3. Make initial application Payment 4. Obtain Provisional Approval 5. Submit Commercial Licence Application 6. Make commercial Licence Payment 7. Submit Original Legal Documents as applicable 8. Collect Commercial Licence
Company Type/Legal Forms
1. Free Zone Limited Liability Company (FZ-LLC): A company formed as an independent legal entity with shareholders as an individual(s) and/or corporate(s). To incorporate an entity as FZ-LLC a minimum of one shareholder and a minimum of one director are required. 2.Branch of UAE Company/Branch of UAE Establishment: A legal dependent company that is part of its UAE registered parent company outside the DHCC jurisdiction. Any company established outside the DHCC, either Licenced as a company or establishment, can obtain a branch Licence within DHCC. The Branch Company should be fully owned by the parent company. 3. Branch of a Foreign Company: A legal dependent company of its parent company outside the UAE, even if its place of business is not in the parent company’s headquarters.
DHCC Operating Licences
1. Professional Licence: A new medical healthcare professional licence issued to provide medical services mentioned in the licence within Dubai Healthcare City Free Zone. 2.Commercial Licence: To conduct trading activities outlined in the licence. 3.Industrial Licence: DHCC does not grant an industrial licence.
DHCC Licence Fee
One Time Service Fees 1. Initial Application Fee: AED 1,550 2. Registration Fees: AED 3500 3. Commercial Licence Fees: Click on the DHCA – Regulations Price List 2018 All Services Note: Each Fee transaction is subject to: 4. Innovation fee of 10.00 AED 5. Knowledge fee of 10.00 AED
Time Frame for Licence Issuance
3-10 Working Days from Initial Approval, subject to change depending on the list of activities and fulfilling the requirements of DHCA.
DHCC Service Portfolio
Government Services 1. Property management and community services 2. Employee Services 3. Student Services 4. Establishment Card Services 5. Card Services 6. Visit Visa Services 7. Letter Services 8. Absconder Services 9. Company PO Box Services 10. Immigration Print 11. A unique and interactive online system namely MASAAR enables the member businesses to swiftly and easily transact all their regulatory, immigration and service set up requirements, amendments, and cancellations.
Minimum paid-up capital requirement
Free-zone Limited Liability Company (FZ-LLC): 1. AED 50,000 for Non-clinical facilities/companies 2. AED 100,000 for Clinical facilities 3. AED 300,000 for Hospitals Hotels in DHCC: 1. AED 1 Million for 3-star hotels 2. AED 2 Million for 4-star hotels 3. AED 3 Million for 5-star hotels
Foreign Branches: Not applicable*
DHCC Free Zone Business Setup Benefits
1. Guaranteed 100% repatriation of invested capital and profits gained 2. Guaranteed 100% ownership of the business both for individuals and corporate entities 3. Guaranteed 50-year exemption from personal, income and corporate taxes 4. No constraints on capital, trade barriers or quotas. 5. Competitive pricing 6. Flexible real estate design to squarely fit the needs of businesses of all types and sizes 7. Economical cost of operations 8. Advanced facilities and infrastructure 9. Quick and affordable business setup and licensing 10 .Exclusive business support services such as the integrated online e-service platform that offers members quick and effective services right away
Get in Touch with your DHCC Business Setup Advisors at Adam Global