Dubai Silicon Oasis (DSO) is a free zone in Dubai, United Arab Emirates, that focuses on technology. The Dubai Silicon Oasis Authority (DSOA) owns 100% of it, which the Dubai Government established in 2004. Over 4,000 businesses from over 100 nations call DSO one of the UAE’s largest free zones home.
Key Features Of DSO
DSO offers a number of key features that make it an attractive location for businesses, including:
- 100% foreign ownership
- 0% corporate tax
- 0% import and export duties
- 100% repatriation of profits
- Highly skilled workforce
- State-of-the-art infrastructure
- Excellent connectivity
- Business-friendly environment
- Business Activities in DSO
DSO is home to a wide range of businesses, including:
- IT and technology
- Telecommunications
- Electronics
- Manufacturing
- Logistics
- Education
- Healthcare
- Research and development
- Financial services
- Professional services
- Benefits of Setting Up Business in DSO
There are a number of benefits to setting up a business in DSO, including:
Decreased costs: DSO provides a number of cost-cutting advantages, such as no corporate tax, no import or export duties, and 100% profit repatriation.
Admittance to a gifted labor force: DSO’s workforce is highly skilled, educated, and experienced in the technology industry.
Cutting-edge foundation: DSO has a cutting-edge infrastructure, including manufacturing facilities, warehouses, and office space.
Excellent communication: DSO is all around associated with the remainder of the world, with magnificent streets, rail, and air join.
An environment favorable to business: The business-friendly atmosphere at DSO is ideal for success and expansion.
How to Set Up Business in DSO
To set up a business in DSO, you should get a permit from the DSOA. The application interaction is basic and clear and can be finished on the web. You will be able to start your business in DSO and set it up once you have a license.
What Are Dubai Silicon Oasis (DSO) Approved Auditors?
Dubai Silicon Oasis (DSO) approved auditors are accounting firms that have been approved by the Dubai Silicon Oasis Authority (DSOA) to provide auditing services to companies registered in DSO.
All companies registered with DSO are required to have their financial statements audited by a DSO-approved auditor. This is to ensure that the financial statements are accurate and compliant with UAE accounting and auditing standards.
Conclusion
Dubai Silicon Desert spring is an incredible spot to set up a business. It offers various advantages, including diminished costs, admittance to a talented labor force, a cutting-edge framework, a phenomenal network, and a business-accommodating climate. On the off chance that you are hoping to set up a business in the UAE, DSO is an extraordinary choice to consider. ebs is accessible to help you in finding out about bookkeeping in the UAE. ebs likewise offer services, for example, accounting and bookkeeping services, VAT services, Auditing, Due Diligence audit services, and many more.
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