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UAE Free Zone (Silicon Oasis) · via Shuraa Business Setup (UAE BSC)·🇻🇳Founder profile

Incorporating a Silicon Oasis Free Zone LLC for Vietnamese Developers

VerifiedJul 2026
EligibilityEligible
Setup timeline21–45days
Year-1 total$7,500

Vietnamese freelance developers can establish a Free Zone LLC in Dubai Silicon Oasis to access regional tech infrastructure. This structure requires compliance with UAE Federal Decree-Law 47/2022 and adherence to Vietnamese tax reporting standards.

Shuraa Business Setup manages the formation process, including licensing and regulatory filings within the Silicon Oasis jurisdiction.

§ 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
$12,000
≈ $500.00/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupShuraa Business Setup (UAE BSC) setup
    $7,500
  • AnnualYear 2 renewal
    $4,500
Total$12,000
§ 02Tax residency · Vietnamese Freelance Developers

What the tax authority sees

US federal / local status

UAE Federal Decree-Law 47/2022 imposes a 9% Corporate Tax on taxable income exceeding AED 375,000.

Home-country rule

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

Editorial verdict

Leverage Silicon Oasis for tech-specific infrastructure; ensure your Vietnamese tax residency status is managed according to Circular 111/2013 regarding foreign-source income.

Key compliance risks
  • 01Economic substance requirements for tax residency
  • 02Vietnamese CFC and foreign-source income reporting obligations
  • 03Corporate tax registration mandatory for all Free Zone entities
§ 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
01FilingShuraa Business Setup (UAE BSC) 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

Vietnam applies a worldwide income tax system. Under Circular 111/2013, income earned abroad must be declared. You may be eligible for a foreign tax credit for the 9% UAE corporate tax paid, provided you maintain proper documentation of your UAE tax residency certificate.
More profiles for UAE Free Zone (Silicon Oasis)
Vietnamese Freelance Developers — other jurisdictions
Next step

Start filing with Shuraa Business Setup (UAE BSC)

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

Claim on Shuraa Business Setup (UAE BSC)