Dubai Techno Park

Formed in 2002, Dubai Techno Park is an information technology park aimed at developing technology commercially. Nasiha will support you in every step when you set up a business in Dubai, freezone of Techno Park. The primary objective of the park is to provide local and foreign entrepreneurs the latest infrastructure and amenities needed for forming manufacturing companies in Dubai. The park spans an area of 21,000,000 sq. m., out of which 30% consists of open spaces. It is situated in the centre of Jebel Ali, the industrial zone of Dubai. With our help, you can set up a business in Dubai, freezone at Techno Park to grow further in the future and meet your goals of turnover and profits.

Dubai Techno Park is reputed as one of the top industrial centers and is already being used by globally renowned companies in the technology, gas, oil, petrochemical, sector and other industries. One key benefit for companies formed here is that they need not pay customs duty for export of their goods and services outside the park. They also receive the same treatment as you receive on setting up a company in Dubai, offshore even though they are located in the park, considered as a free zone.

Investors can form these companies in Dubai Techno Zone

1. A limited Liability Company (LLC)
2. A sole establishment
3. A civil company
4. Branch office: This is another company type that can be fully owned by foreign investors.

Benefits of company setup in Dubai Techno Park

1. 100% foreign ownership for a branch of a free zone or foreign company
2. No corporate tax and personal tax
3. Complete Repatriation of capital and profits permitted
4. No restrictions on currency
5. Foreign employees can be hired without restrictions
6. Excellent infrastructure with all modern facilities
7. Lease agreement of up to 15 years validity

Types of business licenses available for companies formed in Dubai Techno Park

• Trading license: Needed for activities involving import, export, storage, and distribution
• Professional license: Required for firms carrying professional services like consultancies
• Industrial license: Needed for firms involved in manufacturing and assembling products

Nasiha will provide all the assistance needed for the company formation in Dubai freezone of Techno Park. We possess the relevant expertise needed for company formation and will guide you to fulfill all legal obligations like the preparing, translating, notarizing, and submitting of relevant documents. We will help you to acquire licenses, select the right business entity, locate the right sites, get essential visa permits, obtain residential accommodation, and open bank accounts. Our team will partner with you and help you to establish a rapport with the local population.