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UAE Free Zone (Silicon Oasis) · via Dubai Silicon Oasis Authority·🇻🇳Founder profile

Incorporating a Dubai Silicon Oasis Free Zone LLC for Vietnamese Developers

VerifiedJul 2026
EligibilityEligible
Setup timeline21–45days
Year-1 total$15,000

Vietnamese freelance developers can establish a Free Zone LLC in Dubai Silicon Oasis to access regional tech infrastructure. This structure provides a legal entity for international contracting while remaining subject to UAE corporate tax regulations.

Founders must manage compliance with both UAE Free Zone requirements and Vietnamese tax obligations regarding foreign-sourced income.

§ 01Cost of ownership

Model the full outlay, not just the setup fee

Renewal costs sneak up on non-resident founders. Compare year-1 filing against a 3-year total to see the real bill.
Currency · USD (live FX)
2-year cost of ownership
$23,500
≈ $979.17/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupDubai Silicon Oasis Authority setup
    $15,000
  • AnnualYear 2 renewal
    $8,500
Total$23,500
§ 02Tax residency · Vietnamese Freelance Developers

What the tax authority sees

US federal / local status

UAE Federal Decree-Law 47/2022 Article 3 imposes a 9% corporate tax on taxable income exceeding AED 375,000 for Free Zone Persons.

Home-country rule

Circular 111/2013 on foreign-source income; USD conversion rules

Editorial verdict

Utilize the Silicon Oasis tech-focused infrastructure to qualify for potential tax incentives while maintaining strict adherence to Vietnam's Circular 111/2013 reporting requirements.

Key compliance risks
  • 01Economic substance requirements for tax residency
  • 02Vietnam Circular 111/2013 foreign income reporting
  • 03AED to USD exchange rate volatility for tax filings
§ 03Setup timeline

From filing to funded bank account

Setup timeline
21–45days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d11
d23
d34
d45
01FilingDubai Silicon Oasis Authority submits formation docs
d0–d16
02Tax ID / EINLocal tax authority registration
d14–d34
03BankingBusiness account approved & funded
d27–d45
§ 04Head-to-head

UAE Free Zone (Silicon Oasis) vs US LLC (Wyoming)

Full comparison →
UAE Free Zone (Silicon Oasis)
Free Zone LLC
US LLC (Wyoming)
LLC
Entity
Free Zone LLC
LLC
Setup cost
$1,428
$102.00
Annual
$1,428
$60.00
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
9% CT above AED 375k; tech-focused free zone with data-center infrastructure
0% state tax; federal only on US-source income
§ 05Questions founders actually ask

FAQ

Under the UAE corporate tax regime, Free Zone Persons may qualify for a 0% rate on 'Qualifying Income' if they meet specific substance requirements. Income exceeding AED 375,000 or non-qualifying income is generally subject to the 9% rate.
More profiles for UAE Free Zone (Silicon Oasis)
Vietnamese Freelance Developers — other jurisdictions
Next step

Start filing with Dubai Silicon Oasis Authority

Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.

Claim on Dubai Silicon Oasis Authority