Dubai Science Park, which was previously named as Dubiotech (The Dubai Biotechnology and Research Park) is the world’s first freezone established in to provide a solid platform for the Life Science industry. The world-class research club is the part of TECOM Group, the Emirate’s leading investment and specialised industry developer and community operator. Located 30 km away from the Dubai International Airport (DXB) and 40 km from (DWC), the new Dubai World Central International Airport the project consists of two high rise towers that are not only offering state of the art work facilities, but also provides plenty of retail and service outlets along with restaurants and brilliantly landscaped common areas. The facility is purposefully designed to provide state of the art facilities for scientific entrepreneurs, multinational and SMEs.
What this freezone has to offers?
Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE and Prime Minister and Ruler of Dubai, officially launched this freezone community in February 2005 to foster science and technology in the region. Individual investors and companies who are seeking to establish a pharmaceutical company, laboratory, office and warehouse can conveniently find the space of their choice. Moreover, businesses that require custom built work facility can purchase or lease prime land plots, which are already equipped with lifestyle utilities like electricity, telecommunication, roads and transportation.
How did DSP evolve?
With an aim to attract a broader range of companies associated with life sciences, new energy and environment, TECOM has recently announced the merger of Dubiotech with Energy and Environment Park (ENPARK), another member of TECOM Group, which is a dedicated to providing a freezone for clean energy and environmental technology in Middle East. With its new identity Dubai Science Park is striving hard to help entrepreneurs achieve their aims to diversify the economy via science, energy and environment sectors.
Major incentives of setting up business in DSP
Irrespective of the size of their company, business owners can avail several benefits after opening their company in DSP. From zero income taxes and competitive cost to well-equipped places and high-quality infrastructure facilities equally alluring multinationals, pharmaceuticals and SMEs to establish their setup in the facility. Furthermore, with an aim to facilitate entrepreneurs and new businesses that are seeking to open their office in this scientific freezone, can benefit with the services of DSP’s new business partner, axs; the business service platform meticulously providing 24/7 community business services to facilitate everyone planning to launch their setup in DSP.
Whether you need a well-equipped and furnished office space or laboratory setup, a warehouse or a land plot to construct your business unit on your own, there is no better place other than Dubai Science Park, UAE.