Dubai Science Park (DSP) is a dynamic free zone in Dubai, UAE, that serves as a hub for companies and organizations in the science, technology, healthcare, and environmental sectors. Established in 2005, DSP provides a platform for innovation and research, promoting businesses focused on life sciences, biotechnology, pharmaceuticals, renewable energy, and environmental sustainability. Dubai Production City (DPC), formerly known as Dubai Studio City, is a leading business hub and free zone in Dubai that focuses on supporting companies in industries such as media, manufacturing, printing, packaging, textiles, and logistics. Strategically located near Dubai Investments Park and within easy reach of major highways and the Dubai International Airport, DPC offers an ideal environment for businesses involved in production, manufacturing, media, and related sectors
Located in the heart of Dubai, Dubai Science Park offers a world-class infrastructure, state-of-the-art facilities, and numerous benefits for businesses aiming to operate in the region's growing science, tech, and innovation landscape
Location
- Strategic Location: Dubai Science Park (DSP) is situated in Dubai, UAE, close to major highways, and key business hubs, with easy access to international transport routes and the Dubai International Airport.
Industry Focus
- Target Industries: DSP is designed for companies in:
- Life Sciences
- Biotechnology
- Renewable Energy
- Environmental Sciences
- Healthcare
- Pharmaceuticals
Ownership
- 100% Foreign Ownership: Companies established in DSP can be fully owned by foreign investors without the need for a local partner or sponsor.
License Types
- Business Licenses: DSP offers a range of licenses based on business activities:
- Commercial License: For trading, importing/exporting.
- Service License: For professional services like consulting, R&D, etc.
- Industrial License: For companies involved in manufacturing, production, and R&D activities.
Taxation
- Tax Benefits: DSP provides several tax advantages:
- 9% Corporate Tax (effective from 2023), with exemptions available if criteria set by the Federal Tax Authority (FTA) are met.
- No Income Tax.
- No Import/Export Duties.
Office Space Solutions
- Flexible Office Options: DSP provides various office space solutions including:
- Flexi-Desks: Suitable for startups or small teams.
- Private Offices: For established businesses with specific space requirements.
- Laboratories and Research Spaces: Ideal for life sciences, biotech, and R&D companies.
Visa & Immigration
- Visa Opportunities: DSP allows companies to sponsor investor and employee visas based on the size of their office space and business activities. Family sponsorship is available under certain conditions.
Infrastructure & Facilities
- Advanced Infrastructure: DSP offers state-of-the-art facilities including:
- Modern Office Spaces with advanced IT and communication systems.
- Laboratories and R&D Facilities equipped for research and scientific activities.
- Sustainable Design: Energy-efficient buildings and green infrastructure.
Support Services
- Comprehensive Business Support: DSP offers support services like:
- Regulatory Assistance: Guidance on legal and compliance requirements.
- Networking Opportunities: Access to a community of like-minded professionals and businesses in the science and technology sectors.
Cost of Formation
- Affordable Setup: Costs for setting up a business in DSP start at around AED 35,000, depending on the type of license, office space, and number of visas required.