UAE MAINLAND
DUBAI SCIENCE PARK (DSP)
What is the significance of having a UAE mainland firm, and what does it represent?
This creative free zone facilitates flexible capital movement and offers specialized infrastructure and supportive resources to enable a knowledge-based economy.
DUBAI SCIENCE PARK (DSP)
UAE Mainland
This creative free zone facilitates flexible capital movement and offers specialized infrastructure and supportive resources to enable a knowledge-based economy.
What is the significance of having a UAE mainland firm, and what does it represent?
The UAE’s dedication to developing biotechnology and the pharmaceutical sector is exemplified by Dubai Science Park (DSP), formerly known as Dubai Biotechnology and Research Park (DuBiotech). The TECOM group founded DSP in 2005, and it is the only commercial jurisdiction in the world devoted solely to the bio sciences and is home to more than 350 companies from multinational corporations to SMEs employing over 3,600 people.
By forming partnerships with esteemed medical facilities and science-related organizations, DSP actively promotes scientific entrepreneurship. This cooperative environment fosters a chain reaction of improvements in the scientific domains, offering SMEs and multinational corporations alike a vibrant platform to drive research, develop, and contribute to a knowledge-driven economy.
With an eye toward expansion, DSP works to encourage domestic bioscience and pharmaceutical innovation and manufacture in order to reduce dependency on imports. Some of the DSP’s industries have already started this shift, showcased the park’s innovative services and established Dubai as the world’s center for life sciences. Dubai Science Park is at the forefront of groundbreaking discoveries in life science because of its dedication to innovation, research, and creating a supportive atmosphere.
Advantages Of Business Setup in Dubai Science Park
Types Of UAE Free Zone Trade Licence
On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.
Legal Forms For Company Formation In UAE Free Zones
The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:
Why Dubai Science Park (DSP) For Your Company Formation?
The UAE’s dedication to developing biotechnology and the pharmaceutical sector is exemplified by Dubai Science Park (DSP), formerly known as Dubai Biotechnology and Research Park (DuBiotech). The TECOM group founded DSP in 2005, and it is the only commercial jurisdiction in the world devoted solely to the bio sciences and is home to more than 350 companies from multinational corporations to SMEs employing over 3,600 people.
By forming partnerships with esteemed medical facilities and science-related organizations, DSP actively promotes scientific entrepreneurship. This cooperative environment fosters a chain reaction of improvements in the scientific domains, offering SMEs and multinational corporations alike a vibrant platform to drive research, develop, and contribute to a knowledge-driven economy.
With an eye toward expansion, DSP works to encourage domestic bioscience and pharmaceutical innovation and manufacture in order to reduce dependency on imports. Some of the DSP’s industries have already started this shift, showcased the park’s innovative services and established Dubai as the world’s center for life sciences. Dubai Science Park is at the forefront of groundbreaking discoveries in life science because of its dedication to innovation, research, and creating a supportive atmosphere.
Standard Required Documents to Start the
Business Setup Process
Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!
Your Guide To Setting Up A Free Zone Business In UAE
Your business setup checklist is ready. Let’s launch your business with success!
- 1Decide on your business venture.
- 2Choose the best UAE location for your company
- 3Choose the legal framework for your company.
- 4Give your business name.
- 5Apply for Initial Approval.
- 6Prepare Legal Documents.
- 7Lease Office Space.
- 8Obtain Licenses.
- 9Open a Corporate Bank Account.
- 10
Apply for the number of visas your company will require.
- 11
Register for VAT (if applicable)
Frequently Asked Questions
Common Questions About Business Setup in the Dubai Science Park (DSP)
