Form a Business in Dubai Biotechnology and Research Park

Launched in the year 2005, Dubai Biotechnology and Research Park was initiated by the UAE Vice President, Sheikh Mohammed bin Rashid Al Maktoum. This free zone is dedicated to the life science industry, biotechnology and pharmaceutical industry and is modelled on the free zone concept. DuBiotech aims at facilitating a rich environment for networking and collaboration within the biotech community by offering products such as office space, laboratory space, R and D operations, and land area manufacturing.

It is a member of Dubai Holding and accommodates the complete life sciences value chain by providing key facilities, investing in infrastructure, and fostering industrial, commercial, academic, and residential projects. DuBiotech's world-class infrastructure comprises of facilities and services for incubators, R&D labs, biotech-related educational and research institutions, manufacturing as well as organizations from supporting and convergent industries.

Activities Permitted in Dubai Biotechnology and Research Park

Pharmaceuticals
Food and Agriculture
Laboratory Research
Biotechnology
Supply and Manufacturing of Medical Devices
Medicine and Nutraceutical
Environment and Industry

In addition to this, the free zone also allows registration of companies providing related services such as restaurants, shops, laundry, and more.

Services Provided by DuBiotech Free Zone

Dubai Biotechnology and Research Park free zone gather in one place with everything needed for operations and development of companies in the field of biotechnology. It has a unique world-class laboratory facility area of 256,000 square feet, 25 warehouses of 5,000 square feet each, and offices and land for development. All these buildings are under the territory of the free zone certified LEED (The Leadership in Energy and Environmental Design)

Licenses Provided by DuBiotech Free Zone

Marketing
Industrial Activity
Consultancy
Import and Re-export
Warehousing
Community Organizations
Service Activities
Research Activities

Types of Company Structures in DuBiotech and Research Park

Free Zone Limited Liability Company
Branch of a Foreign Company
Branch of a Local Company

Benefits of Incorporating in DuBiotech Free Zone

100% foreign ownership
100% repatriation of capital and profits
Full exemption on taxes for 50 years
No customs duties on goods and services
Wide range of leasing options starting from small services offered widely known as THE business center which extends up to larger commercial offices, laboratories, and warehouses
Fast track visa services
One-stop-shop for governmental services

Features of DuBiotech Free Zone Business Formation

Shareholders can be an individual or a corporate entity
The director can be an individual only
No requirement of submitting an audit report to the free zone authorities
Minimum of 5-6 weeks to obtain the final trade license
Company license must be renewed on an annual basis. A penalty will be charged by the authority if the license is renewed after the expiry date

What are the Steps to Register a Company in DuBiotech Free Zone?

The companies in DuBiotech are approved by the Dubai Technology and Media Free Zone Authority. The minimum capital required for a free zone company is AED 50,000, while the branch offices are not imposed with investing a minimum capital. The process to register a business in this Dubai Free Zone is simple and straight-forward. Keep reading to know the steps.

Submit an application for provisional approval. The sales department at DuBiotech handles these applications. The documents required for submitting an application are as follows-
1. Application form for company registration
2. Business plan
3. Color copy of the passport of manager/director/legal representative
The free zone authority will evaluate your application and make a decision within five working days
Submit legal documents for business registration. The set of documents include-
1. Application form for company registration
2. Passport copy of the manager
3. Board resolution
4. Original Memorandum and Articles of Association
5. Shareholders details
6. Managers specimen signature
7. Proof of share capital
8. Registration fee and license fee
Once the application and documents are reviewed the confirmation letter will be issued within two working days
Sign and return the confirmation letter and make necessary payments
Sign the Articles and Memorandum of Association
Deposit the share capital after opening a business bank account
Sign lease and personnel sponsorship agreement

Why DuBiotech?

The DuBiotech free zone authority has a world-class infrastructure and facilities that meet the needs and requirements of the organizations. With services for incubators, R&D labs, biotech-related educational and research institutions, etc. Other facilities offered by DuBiotech Free Zone is as follows-