DSO
Advantages of Setting Up a Business in DSO
- 100% Foreign Ownership: Full ownership of your business without the requirement for a local partner.
- Capital Repatriation: Benefit from complete repatriation of capital invested.
- Cost-Effective Operations: Experience low operational costs, facilitating enhanced financial management.
- Advanced Infrastructure: Access state-of-the-art IT infrastructure and facilities, including a tier 3 data center.
- Efficient Setup Process: Benefit from a streamlined and expedited business registration and licensing process.
- Stable Regulatory Environment: Operate within a transparent and stable regulatory framework that ensures clarity and security.
- Dedicated Support Services: Receive continuous assistance through specialized business support services.
- Tax Benefits: Eligible businesses may qualify for tax exemptions, including zero income and corporate taxes, as well as no import or export duties.
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HLB JAFZA service offerings
As a dynamic city of innovators, Dubai Silicon Oasis (DSO) serves leading startups, scale-ups, SMEs, and multinational companies. DSO mandates that every business adhere to legal compliance by submitting financial statements and maintaining accurate books of accounts. With the UAE’s introduction of corporate taxation, businesses must comply with corporate tax laws. To fulfill these requirements, obtaining assistance from a comprehensive financial service provider like HLB JAFZA is essential. HLB JAFZA offers a range of services, from accounting and auditing to IT consulting and corporate taxation services.
Audit Services: HLB JAFZA is a proud approved auditor and certified by the Securities and Commodities Authority (SCA) for auditing Public Joint Stock Companies (PJSC). Our audit services are designed specifically for businesses in DSO, addressing their unique challenges and ensuring compliance with local regulations. Our experienced team provides personalized support throughout the audit process, prioritizing quality and transparency. Our ISO/IEC 27001:2015 certification demonstrates our commitment to data security.
Internal Audit: At HLB JAFZA, we specialize in providing top-tier internal audit services in DSO, which are essential for enhancing governance and aligning risk management with strategic objectives. Our experienced team offers impartial insights and utilizes a risk-based approach to identify and mitigate potential risks. With over 25 years of industry experience and certified professionals, including CAs, CIAs, and ACCA members, we strengthen internal control frameworks to support your success in DSO.
Accounting: HLB JAFZA provides outstanding accounting services in DSO, ensuring top standards in financial recordkeeping and client service. Our dedicated accountants are skilled in popular bookkeeping software like QuickBooks, Xero, and SAP B1, helping to reduce administrative burdens and minimize financial expenses. We also utilize Power BI and Robotic Process Automation (RPA) to streamline processes and improve accuracy in financial management for your business.
Corporate Tax Services: With the UAE’s introduction of federal corporate tax (CT) effective June 1, 2023, HLB JAFZA is ready to support your business through this transition in DSO. Our experienced team offers a comprehensive range of CT services, including corporate tax registration, impact assessments, return filing, implementation, and annual compliance. We understand the complexities of the new tax system and are dedicated to providing the necessary expertise, ensuring that your organization remains compliant while maintaining operational efficiency.
Tax Consultancy: Managing taxes is crucial for businesses in DSO, and understanding the regulations can be challenging. At HLB JAFZA, we provide expert tax consultancy services tailored to the needs of organizations in this dynamic environment. Our experienced FTA-approved tax agents specialize in corporate tax, VAT compliance, transfer pricing, and economic substance regulations. We also assist clients in identifying and leveraging tax exemptions to optimize their financial positions within DSO.
Technology Consulting: HLB JAFZA provides a wide range of Technology Consulting Services in DSO to help partners embrace advanced technologies. We combine creativity, strategic planning, and technical expertise to create tailored solutions that address the specific challenges faced by businesses. Our IT consultants go beyond software support; they play a vital role in protecting your organization against cyber threats, ensuring security while fostering growth and operational efficiency.
HLB JAFZA to assist!
With over 25 years of experience, HLB JAFZA has built a strong legacy of expertise, guaranteeing high-quality service delivery. We offer exceptional value to our clients through competitive pricing, standing out against the Big 4 while maintaining quality. As part of HLB International, which is ranked 8th globally, we also proudly hold the 6th position among firms in the UAE according to the IAB survey.
HLB JAFZA is a certified partner with all types of government organizations, including accounting and taxation authorities. We are listed as approved auditors by:
- Central Bank of the UAE for auditing banks and financial institutions.
- 31 banks in the UAE, both international and local.
- RERA (Real Estate Regulatory Authority).
- All government departments in the UAE and the Chamber of Commerce.
- All Free Trade Zones in the UAE.
- Federal Tax Authority (FTA) as approved Tax Agents.
- In-Country Value (ICV) certified body in the UAE.
- Securities & Commodities Authority (SCA).
Contact HLB JAFZA today to learn how our expert services can benefit your organization in DSO!
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