Dubai Silicon Oasis · Dubai

Audit services for DSO companies, ready before your licence renewal.

Dubai Silicon Oasis combines a technology free zone with a residential community, and is popular with software, electronics and engineering companies. Quick Ashford audits DSO companies, files their corporate tax and VAT returns and keeps their books, for a fee agreed before we start.

Emirate
Dubai
Established
2004
Audited statements filed with the authority
Every year
Glass office building
DSODubai Silicon Oasis, off Sheikh Mohammed Bin Zayed Road

About DSO

What DSO is known for.

Dubai Silicon Oasis combines a technology free zone with a residential community, and is popular with software, electronics and engineering companies.

Known for
A technology park where people live and work, part of Dubai Integrated Economic Zones
Location
Dubai Silicon Oasis, off Sheikh Mohammed Bin Zayed Road

Typical DSO businesses

  • Software and IT services
  • Electronics and engineering
  • E-commerce
  • Start-ups and incubators
Get a quote for your DSO audit

Audit requirements

Does a DSO company need an audit?

Four situations make audited financial statements necessary. Most companies meet at least one.

  • Licence renewal

    Companies in Dubai Silicon Oasis are required to keep audited accounts and submit audited financial statements to the authority each year.

  • 0% corporate tax

    A Qualifying Free Zone Person must have audited financial statements, whatever its revenue. Without them the 0% rate is lost.

  • Banks and investors

    Banks ask for audited accounts for facilities, account reviews and large transfers. Buyers and investors ask for two or three years.

  • Closing the company

    Free zone authorities ask for a liquidator’s or auditor’s report and final accounts before they cancel a licence.

Authorities update their filing rules from time to time. We confirm the current requirement for your licence before we quote.

Approved auditors

DSO approved auditors: how it works.

Dubai Silicon Oasis is regulated by the Dubai Integrated Economic Zones Authority. Its 2023 regulations require a company to file its accounts and auditor’s report with the Registrar within 30 days of the audit, and the Registrar keeps a list of approved auditors.

Audited statements
Filed with DSO every year
When they are due
Within 30 days of the audit

Closing a company

How to liquidate a DSO company.

Closing a DSO company means settling its obligations, cancelling visas and permits, getting the authority’s clearances, cancelling the licence and deregistering the company with the Federal Tax Authority. We handle the liquidation from the shareholders’ resolution to the final tax deregistration.

  • Shareholders’ resolution to dissolve the company and appoint a liquidator
  • Notice to creditors, where the authority requires it
  • Employee visas, establishment card and permits cancelled
  • Lease, utilities and bank account closed, with clearance letters
  • Liquidator’s report and final financial statements
  • Licence cancelled and the company removed from the register
  • VAT deregistration within 30 business days, and corporate tax deregistration within 3 months

What we do

Services for DSO companies.

One team for the audit, the tax filings and the books behind them.

  • DSO audit report

    Annual audit of your financial statements to International Standards on Auditing, in the format DSO and your bank expect.

  • Corporate tax return

    Registration, Qualifying Free Zone Person assessment, tax computation and the annual return.

  • VAT registration and returns

    Registration when you pass the threshold, quarterly returns, refunds and voluntary disclosures.

  • Bookkeeping

    Monthly books and IFRS financial statements, so the audit and tax return start from clean numbers.

  • New company setup

    Licence application, visas and bank account for a new DSO company or branch.

  • Liquidation

    Liquidator’s report, clearances, visa cancellation and tax deregistration when a DSO company closes.

How we work

From first call to signed report in four steps.

  1. Free consultation

    A 20 minute call or WhatsApp chat about your company, your licence and what is due.

    Day 1
  2. Fixed-fee proposal

    A written scope, timeline and price. No hourly billing and no surprises later.

    Within 24 hours
  3. Fieldwork

    Share records by secure upload. We test, reconcile and keep you posted on every open point.

    Agreed timeline
  4. Signed report

    Your signed audit report or filed return, delivered in the format your authority requires.

    Before your deadline

DSO FAQ

Questions from DSO companies.

An advisor answering a client’s questions during a consultation

Have a question about your own company? An advisor replies the same working day.

Ask on WhatsApp

Do DSO companies need an audit?

Companies in Dubai Silicon Oasis are required to keep audited accounts and submit audited financial statements to the authority each year. Separately, every Qualifying Free Zone Person must have audited financial statements under the corporate tax rules, whatever its size.

Do DSO companies pay corporate tax?

Yes, they are within the UAE corporate tax regime and must register and file a return. A DSO company that meets the Qualifying Free Zone Person conditions pays 0% on qualifying income and 9% on other income.

How long does an audit of a DSO company take?

For most small and medium companies, one to three weeks once the accounting records are complete. If your licence renewal is close, tell us on the first call and we plan the work around it.

Can you keep the books and file tax returns for a DSO company too?

Yes. Many clients use us for monthly bookkeeping, VAT returns and the corporate tax return as well as the annual audit, so the numbers are consistent across all of them.

Can you help set up a new company in DSO?

Yes. We handle the application, licence, visas and bank account for new DSO companies, and then look after the accounting, tax and audit each year.

Who can audit a DSO company?

Dubai Silicon Oasis is regulated by the Dubai Integrated Economic Zones Authority. Its 2023 regulations require a company to file its accounts and auditor’s report with the Registrar within 30 days of the audit, and the Registrar keeps a list of approved auditors.

Free consultation

Tell us when your DSO renewal is due. We will plan around it.

Send a few details and an advisor will call you back within one working day with next steps and a fixed quote. No obligation.

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