Dubai has been and continues to be an innovation and growth hub, often acting in most instances to offer special platforms for businesses to thrive. One such embodiment has been the Dubai Biotech and Research Park UAE Free Zone. This free zone would be consciously designed so as to provide an amicable environment wherein companies could establish and thrive. This paper will help understand the allowed activities in DuBiotech, in case one is setting up a business in Dubai or registering a company in UAE.
About DuBiotech
DuBiotech is a free zone entirely devoted to the biotechnology and life sciences sector. DuBiotech was established in 2005 with the aim of inducing innovation, research, and development in the region. The Park has ultra-modern facilities, infrastructure, and an institutional ecosystem that assists business growth.
Kinds of Business Allowed
There are a number of activities that can be carried out in DuBiotech. They include:
- Biotechnology and Life Sciences: All activities in connection with research, development, and manufacturing products of biotechnology including pharmaceuticals and vaccines, and medical devices.
- Research and Development: The carrying out of R&D activities in biotechnology, life sciences, and related fields.
- Manufacturing: Production of Products Related to Biotechnology, Including Biochemical, Biofuels, and Bioplastics
- Trading: Import, Export, and Distribution of Products of Biotechnology Including Medical Equipment and Supplies
- Provision of Services associated with Biotechnology-related Service Provision, Consultancy, Testing and Training
- Educational and training programs/Workshops/Trainings on Biotechnology and Life Sciences
- Medical care: running of medical centers, dispensaries, clinics and laboratories within the park.
Benefits for Establishing Business in DuBiotech
- 100% Foreign Ownership: There is no restriction on foreign ownership; a company can have full control of business.
- Tax Exemptions: Corporate and personal income is exempted from tax.
- Easy and Efficient Registration: Easy and hassle-free UAE company registration.
- State of the Art Infrastructure: Availability of cutting edge facilities, labs, and equipment.
- Networking: A Platform to network with similar businesses and research institutions.
Conclusion
The Dubai Biotechnology and Research Park UAE Free Zone opens excellent opportunities for any business to succeed within biotechnology and life sciences. DuBiotech provides a platform of innovation, growth, and success, embracing a wide range of forms as permitted by the kind of activity. You may want to set up a business in Dubai or, even more so, register a company in UAE; then, DuBiotech is definitely going to be the best choice. Make use of the benefits and unlock real potential in this vibrant free zone.
To establish your business in this free zone, you need to register your company. That’s why you need E-StartupIndia! Our team of experts specializes in UAE company registration, business setup in Dubai, and support services
Business Activities Allowed in Dubai Knowledge Village UAE Free Zone
Moreover, If you want any other guidance relating to business setup in Dubai, please feel free to talk to our business advisors at 8881-069-069.
Download E-Startup Mobile App and Never miss the latest updates narrating to your business.