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UAE Free Zone (Silicon Oasis) · via Virtuzone (UAE BSC)·🇺🇦Founder profile

Incorporating a Dubai Silicon Oasis Free Zone LLC for Ukrainian IT Contractors

VerifiedOct 2026
EligibilityConditional
Setup timeline21–45days
Year-1 total$12,900

Ukrainian IT contractors 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 regarding corporate tax obligations.

Founders must evaluate the interaction between UAE tax residency and the Ukrainian Diia City regime to ensure proper tax planning.

§ 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
$18,400
≈ $766.67/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupVirtuzone (UAE BSC) setup
    $12,900
  • AnnualYear 2 renewal
    $5,500
Total$18,400
§ 02Tax residency · Ukrainian IT Contractors

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, with specific exemptions for Qualifying Free Zone Persons.

Home-country rule

Diia City tax regime; war-time residency displacement rules

Editorial verdict

Leverage the Silicon Oasis tech ecosystem for potential Qualifying Income status, but ensure your Diia City tax residency status is reconciled to avoid double taxation.

Key compliance risks
  • 01UAE Economic Substance Regulations compliance
  • 02Diia City tax residency conflict
  • 03Banking due diligence for UA-based beneficial owners
§ 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
01FilingVirtuzone (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
$1,430
$102.00
Annual
$1,430
$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

No. Diia City is a Ukrainian tax regime. Incorporating in the UAE does not grant you Diia City status. You must consult a tax advisor to determine if your UAE-sourced income remains taxable in Ukraine under the existing Double Taxation Agreement.
More profiles for UAE Free Zone (Silicon Oasis)
Ukrainian IT Contractors — other jurisdictions
Next step

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