Business Setup in Dubai Science Park

Business setup in Dubai Science Park (DSP) offers a streamlined process for science and technology companies in the UAE. This guide covers the 3 main steps, essential requirements, and key benefits of establishing your business in DSP, a hub for innovation and research.

Dubai Science Park (DSP) is a free zone in Dubai dedicated to science, biotech, and technology businesses. DSP supports over 400 firms with labs and offices. It focuses on advancing research and sustainability.

The 3 main steps for business setup in Dubai Science Park are selecting a license, submitting documents, and obtaining approval. Follow these steps:
1. Choose a license type (e.g., industrial, commercial, or service).
2. Submit passport copies, a business plan, and forms to DSP authorities.
3. Secure your business license, typically within 7 days.

The requirements for business setup in Dubai Science Park include an application, passport copies, and a business plan. Additional needs may include a minimum capital of AED 50,000 for a Free Zone Establishment (FZE) and a leased space in DSP.

The cost for business setup in Dubai Science Park starts at AED 15,000. This includes a license fee (AED 10,000) and a flexi-desk (AED 5,000). Larger facilities increase expenses.

The benefits of business setup in Dubai Science Park include 100% ownership, no taxes, and advanced infrastructure. DSP offers full profit repatriation and access to a community of over 4,000 professionals.