Dubai Techno Park is an information technology park established in 2002 and covers an area of 21,000,000 sq.m. (230,000,000 sq. ft.) of land, about 30% of which is open space areas. Dubai Techno Park is an industrial complex, located in the heart of Dubai's industrial zone, Jebel Ali.

​

Currently, Techno Park is home to some of the world’s most high-profile companies specializing in technology, oil, gas and petrochemical industry and other industries, which makes Techno Park one of the largest industrial hubs in the Middle East.

 

TYPES OF COMPANY

​

1. Limited Liability: The number of shareholders should be two to fifty. The liability of the shareholders is limited to their share participation in the capital, however, at least 51% should be owned by a UAE national.

 

2. A Sole Establishment: Sole establishment should be owned by a sole owner who is liable for all the establishment liabilities. The owner must be a GCC or UAE national.

 

3. Civil Company: For activities involving the use of professional skill acquired by education and experience in a specific field such as business consultancy, a civil company can be formed as civil partnerships in accordance with the Federal Civil Transactions Law No. (5) of 1985 with its amendments. Professional companies may be 100% foreign owned.

 

4. Branch Office:

• A Branch of a Free Zone Establishment (FZE).

• A Branch of a Free Zone Company (FZCO).

• A Branch of an L.L.C. (covers all Limited Liability Companies in UAE).

• A Branch of a Sole Establishment based in the Emirate of Dubai.

• A Branch of a GCC Company.

• A Branch of a Foreign Company.

 

ADVANTAGES

​

• 100% foreign ownership of industrial units in case of branch of a foreign or a free zone company.

• 0% percent corporate tax rate.

• Capital and profits may be repatriated.

• No currency restrictions.

• No restrictions on hiring foreign employees.

• Long-term lease agreement up to 15 years.

• World-class infrastructure and single-window clearance.