Dubai Silicon Oasis
The Dubai Silicon Oasis is the international theme park of advanced technologies in the field of electronics, which has the special economic status. The Academy of design and electronics operates in the frameworks of the project. The Free Zone was established in the middle of 2004 at the initiative of the Government of the Emirate in order to involve foreign investment assets into national economics of the UAE. The special status of the jurisdiction, which provides international business with a lot of competitive advantages, serves for this purpose.
Dubai Silicon Oasis: a long-term investment project
Speaking about the peculiarities of the Dubai Silicon Oasis free economic zone, it can be noted that the design and the development of the district is made in the best traditions of the Arab world, luxuriously, with a maximum comfort and quality. The International experts singled out several objective factors which ensure the popularity of this economic zone among the potential foreign investors. Among them there are:
- Good ratio of the quality and property value;
- Location of the most prestigious international educational institutions on the territory of the Dubai Silicon Oasis.
Thus, the platform is of the same interest both for those who want to get education of international class, and for entrepreneurs, who invest the assets in the real estate.
The district has already acquired the status of an elite area due to the location of the best residential complexes and buildings in the Emirate. Besides, here there are representative offices and branches of the world's largest manufacturers of semiconductor products and microelectronics. The technology park of the economic zone has become a unique regional project on research, implementation and development of the advanced electronic technologies.
The Park occupies more than 7 thousand square kilometers, where more than five hundred buildings with residential and office premises were constructed. The additional possibilities in the service sector and the ideal conditions for the organization of international business attract new partners and clients in the jurisdiction.
Social infrastructure
There is everything necessary for a comfortable and safe residence on the territory of the DSO economic zone. The social urban infrastructure meets the standards of the international class and has received the official recognition in the international arena. This are sports grounds and business centers, restaurants and cafés, blooming gardens and artificial waterfalls, shopping malls and food courts.
All objects are guarded on a twenty-four hour basis. The availability of such social objects as clinics, hospitals and educational institutions is very important. All this together makes this area very attractive and popular.
Dubai Silicon Oasis: location
The DSO economic zone is conveniently located near the main traffic artery of the Emirate – Emirates Road Highway, also there is an access to the Sheikh Zayed Road Highway. Such a location provides the direct access to such major regional transportation hubs as Dubai International airport and International shipping port of Jebel Ali.
Real estate for foreign citizens
It should be noted that the DSO economic zone is one of the few areas and administrative units included, by the legislation of the Government of the Emirate, in the "Freehold" category. This category presumes the purchase of residential and commercial real estate by foreign citizens. The possibility of using the real estate in the UAE as an investment tool is also one of the key factors for choosing the jurisdiction for the organization of the international business solutions through the companies in the UAE.
Partners and clients of the economic zone
The DSO economic zone jurisdiction is the best venue for the following economic sectors:
- Information technologies and telecommunications, e-Commerce, mobile technologies and software, localization and data processing, Internet technologies and etc.;
- Professional consulting services;
- Alternative energy sources and the oil and gas industry, aerospace and automotive industries, biotechnologies and much more.
Dubai Silicon Oasis: competitive business advantages
The company registration in the DSO jurisdiction involves the number of significant benefits and advantages, in particular:
- Possibility of the foreign ownership of the registered company and no necessity to find local partner;
- No government restrictions on the distribution of the earned revenues and repatriation of investment assets;
- Zero rate of the corporate taxation of the international companies;
- Relatively low tariffs on services and operational service;
- Simplified procedure of the company registration or incorporation of the representative office;
- Round-the-clock qualified support and maintenance of business;
- Direct access to the engineering databases and knowledge;
- Clear regulation and flexibility of the corporate law;
- Preferential access to the regional markets;
- Legal assistance in visa and customs clearance.
Besides, all the clients can count on a complete set of public services, which include:
- Licensing of activity and renewal of existing business licenses;
- Registration of the work visas and labor cards;
- The issuance of visas for family members of the founder;
- Customs cleaning of goods and services;
- The issuance of the appropriate permits for building, approval and certification of the projects.
Potential foreign investors and entrepreneurs are offered the following tools:
- Office premises, which meet the world standards;
- Industrial facilities for the production or storage of finished products;
- Land lots for investment construction.
The DSO economic zone is also the residential area with residential premises and children's playgrounds, tennis courts and swimming pools, shopping malls and entertainment venues, blooming parks and green alleys, in short, there is everything you need for a comfortable residence and a successful business.