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Dubai Biotechnology and Research Park

Updated on Tuesday 19th April 2016

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Dubai-Biotechnology-and-Research-ParkThe Dubai Biotechnology and Research Park is part of the Dubai Holding, one of the largest investment companies in the Emirate, and was launched at the beginning of 2005. The Biotechnology and Research Park, shortly known as DuBiotech, is the first free zone in the world dedicated to the Life Sciences industry. DuBiotech provides numerous opportunities to foreign investors wanting to set up companies there, among which:

  • - company registration and licensing services,
  • - leasing and governmental services,
  • - storage spaces, such as warehouses and land plots,
  • - office spaces and laboratories.

For information about all available services in the Biotechnology and Research Park, you can also ask our company incorporation agents in Dubai.

The regulatory environment in Dubai Biotechnology and Research Park

The legal framework in the Dubai Biotechnology and Research Park is in accordance with the UAE legislation and is also in accordance with all international standards established by organizations like the Food and Drug Administration and the World Health Organization in the life sciences sector.

The Government together with the Foundation for Research and Innovation supports companies conducting research activities in the medical, environmental and agricultural industries. DuBiotech is currently working on a grant policy for Dubai companies that will positively influence the economy.

How to open a company in DuBiotech?

In order to set up a company in the Dubai Biotechnology and Research Park, foreign investors are required to submit the following documents:

  • - an application for company registration,
  • - a licensing application,
  • - a business plan,
  • - copy of the Dubai company manager’s passport,
  • - copy of the director’s passport,
  • - the Dubai experts handling the registration procedures documents, if any.

The corporate entities opening subsidiaries or branch offices in DuBiotech are required to submit the articles of association of the parent company with the Companies Register in Dubai.

What are the benefits of establishing a company in DuBiotech?

Among the many benefits when registering a company in the Dubai Biotechnology and Research Park, there are:

  • - full foreign ownership is permitted,
  • - full repatriation of capital and profits is allowed,
  • - no taxes on operations,
  • - customs exemptions.

For additional information about investment possibilities in DuBiotech, please contact our Dubai company formation agents.

 

 

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