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Dubai

Dubai Science Park

The Dubai Science Park (DSP), also known as the Dubai Biotechnology and Research Park (DuBiotech) is a free zone accommodating companies that encourage the biotechnological sectors and pharmaceutical industry in the country. Business setup in Dubai Science Park Free Zone, is the only commercial jurisdiction in the world to offer companies and industries dedicated to life science. With a vision to establish a knowledge-based economy, the DSP Free Zone provides a unique business environment with specialized infrastructure, supportive facilities, expansion and variation in the capital movement – along with tax benefits and accessibility of dynamic commercial inclinations.

 Factor Description
Established in 2015
Number of companies Over 280 comapnies
Industry focus Therapeutics, Food, Agricultural, Forestry, Horticulture, Environment, Medical/ Scientific Devices or
Specialty, Life Science Services, Renewable Energy, Energy Efficiency Equipments, Air and Environment, Water
and waste water, Recycling and solid Waste, Transportation, green building, Organic Products, General
Segments, Research and devlopment, Storage, Marking and sales, improt export, Support service, Mangement,
testing and manufacturing.
Limited liability company Yes
Minimum number of shareholder 1
Minimum number of director 1
Corporate shareholder allowed Yes
Corporate director allowed No
Public register of shareholder and director No
Access to UAE Double Taxation Treaties Yes
Port of Free zone
Allowed to import export goods Yes
Commercial offices Yes
Industrial premises No. Laboratories available
Warehousing facility Yes
Accommodation facilities Available in near vicinity
Prominent companies at Free zone Himalaya Global Research Centre, Cipla, Dubai Biotechnology & Research Park, Bio-Rad company,
Bristol-Myers Squibb trading company, Holistic International Testing Services, Underwriters Laboratories
Middle East
Location of directors and shareholders meeting Anywhere
Residency visa issued Yes
100% Foreign ownership permitted Yes
100% Repatriation of capital and profits Yes
Corporate, personal and withholding tax Nil
Language English
Standard currency of Capital UAE Dirhams

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