Dubai Knowledge Village Free Zone Company Formation

Business Setup Services | Dubai Knowledge Village Free Zone

Dubai knowledge village There only one Free Zone in the World that comes under Dubai which main focus is on Educational, Human Resource Management, and Professional skills. DKVFZ was established in the year 2003 by the TECOM group. The main aim of the Dubai knowledge village is to create an economy where people do business based on knowledge, skills, and help in the growth of the economy. DKV focus is to establish itself as a trusted place for business and with over business partners a centre of excellence for business development.

Dubai knowledge villageHH Sheikh Mohammed Bin Rashid Al Maktoum built Dubai Knowledge Village with an aim to grow free zone industries in the Middle East. DKV has transformed itself as the single free zone dedicated completely to the Human Resource Development and Learning Excellence Considering the need to cater to the training and development sector.

Benefits of Setting Up a Business in Dubai knowledge village DKV Free Zone

  • Simple legal framework procedure
  • 100% foreign ownership
  • An environment which motivates and facilitates successful work and profitable operations
  • 100% repatriation of capital and profits
  • Zero customs duty for goods and services
  • 100% exemption on corporate and personal income tax for 50 years
  • An ideal business environment for clients well known local, regional and global players
  • Availability of hard working and practical employees due to fast track immigration process

Types of Companies in DKV Free Zone
Dubai knowledge village

1. Free Zone Limited Liability Company

LLC is business where the company and owner have different legal entities and liability.

2. Branch of a Foreign Company

A branch is an overseas office of a business that is legally dependent on its parent company.

3. Freelancer

A freelancer who works of contact basis one’s own accord, providing products or services under one’s own name.

Activities Permitted in DKV Free Zone
Dubai knowledge village

  • Computer training
  • Fine arts training
  • Tutoring services
  • Language training
  • Professional and management development training
  • Child skills development training
  • Technical and occupational skills
  • Human resource consultancy
  • Assessment and training
  • Freelancing and association
  • Content development

Available License in DKV Free Zone
Dubai knowledge village

  • Freelance Permit
  • Commercial License

Ways to Set Up a Business in DKV Free Zone
Dubai knowledge village

DTMFZ provides help to companies to setup business in DKV. You need to get a valid license from the free zone to setup your company in DKV. you need to follow procedures and provide necessary documentation in order to obtain your license and pay the fee. The procedure to get the license and register the business is as below.

Procedures

  • Fill the application and submit it for initial approval
  • Submit legal documents for registration of the company
  • Sign and return the customer confirmation letter and make payment
  • Sign the Memorandum and Articles of Association
  • Deposit of share capital
  • Sign the lease and personnel sponsorship agreement

Documents Required to Set Up a Business in DKV Free Zone

  • Company registration application
  • Original Memorandum and Articles of Association
  • Board resolution
  • Details of the shareholders
  • Passport copy and specimen signature of the manager and the director
  • Proof of share capital
  • Registration fee and license fee
  • No Objection Certificate from residency visa sponsor
  • Certificate of Authorization for the Gulf Standardization Organization
  • Agreement for personnel secondment

Why you need Setup business in DKV Free Zone
Dubai knowledge village

Setting up a business in Dubai free zone has been a profitable venture for investors around the world, because of which a greater number of business people are looking for an opportunity to form a company in one of the free zones in Dubai. Most of the free zones in the UAE have their concentration on trading and manufacturing activities, but DKV has a completely different approach toward business setup, making it a one-of-a-kind free zone in Dubai. In return, it has been unique support to the UAE’s economy.

One of the benefits of this location is the Dubai free zone company setup cost. Other benefits that it offers are:

Easy Registration:

Opening your business in Dubai knowledge village in an easy process they offer you a hassle free registration and they provide you help. The fee in DKV is also low compared to most of the other Dubai free zones.

Leveraging on Shareholders :

The Commercial Companies Law has stipulated certain criteria stating the number of participants or shareholders during the forming of business. However, in DKV, there is no constraint on the number of shareholders.

Infrastructural Benefits :

DKV is divided into a three-phase module with world-class facilities and infrastructure. It is well connected to roads and metros that are easily accessible.

Fewer Licensing Formalities :

There are two types of business licenses in DKV: commercial license and service license.

In DKV you have freedom of doing business favourable government, huge investors and easy steps. Branches have the experience and resources to help you realize your company setup dreams without worrying about the red tape, visa applications, documentation, and licensing formalities, residence permits, banking details.

BCM Corporate Services Can Help You !

1. GET A VISA WITH FLEXI-DESK:

While Dubai Knowledge Park may be home to many large and multinational businesses, it is also particularly popular with smaller firms and solo entrepreneurs. One of the main reasons for this is that it allows business owners to apply for a visa with its flexi-desk package. DKP’s flexi-desk is perfect for entrepreneurs who don’t wish to commit to permanent physical office space but still require the use of office equipment and facilities such as meeting room hire, on an ad-hoc basis.

2. IDEAL FOR FREELANCERS:

Another factor that makes DKP stand out is that it issues freelance permits – unlike many free zones in the UAE. Freelance permits allow you to establish yourself as a one-person company, trading as an individual but doing business in your own name. As with the flexi-desk package, freelancers have access to DKP’s state-of-the-art business facilities including hot desks and equipment such as phones, printers and computers if needed.

3. AFFORDABLE, STRAIGHTFORWARD SETUP:

Whether you are establishing a Free Zone LLC, opening a branch of an existing business, or registering as a freelancer, the Dubai Knowledge Park company setup process is easy. Simply submit your application online and provide the documents requested – these will include financial papers along with references, shareholder passports, CVs, and more – some can simply be originals, others must be notarised. Once your application is approved you pay the setup fee – starting at around AED 15,000 – before visiting the free zone to sign and collect your licence documents.

4. OPEN TO A WIDE VARIETY OF BUSINESS TYPES:

Although DKP is primarily focused on HR management, it also welcomes a wide range of business activities. As well as human resource management (HRM), consultancy, training and personal development companies, the free zone is also home to NGOs, academic service providers, assessment and testing centres and numerous freelancers. Outside of HR, DKP also accepts business in the following sectors: professional development, computer training, research and development, executive search, language training and many more.

5. ASSISTANCE WITH OPENING YOUR CORPORATE BANK ACCOUNT:

When setting up a business there are a million and one things filling up your to-do list. Fortunately, Dubai Knowledge Park staff are on hand to help lessen the load. As well as advising you on the most appropriate bank to suit your needs, DKP will set up meetings with your chosen financial institutions should you so wish.

6. EASY TO SPONSOR DEPENDANTS:

Whether applying for yourself or your dependents, obtaining a visa through Dubai Knowledge Park is usually very straightforward. The application process generally consists of four simple steps: entry permit, status adjustment, medical fitness test, and finally, Emirates ID registration and visa stamping. As this is such an important stage in your company setup, it’s a good idea to get advice from a UAE company formation specialist to ensure that before starting an application, both you and those you are hoping to sponsor meet the entry criteria.

7. SET UP WITH MULTIPLE SHAREHOLDERS:

Yet another reason why Dubai Knowledge Park is particularly popular with large corporations is that it allows businesses to set up with more than one shareholder. Companies setting up in DKP are allowed multiple shareholders – both individuals and corporates.

8. IN-HOUSE SUPPORT AND GUIDANCE:

DKP prides itself on its ability to help companies grow and increase market share. It does this, in part, through its in-house support and guidance programmes. The free zone’s dedicated marketing and development teams can assist with organising events and conferences and put businesses that may require each other’s services in touch with one another.

9. LOCATION, LOCATION, LOCATION:

Finally, the free zone’s strategic location is a major factor in its popularity. Situated opposite the stunning Palm Jumeirah, Dubai Knowledge Park is within easy reach of several transport terminals and points of interest. Dubai Marina and Downtown Dubai are just 15 minutes away via the adjacent Sheikh Zayed Road. DKP is also just a short walk from the nearest Metro stop and only a 20-minute drive from Dubai International Airport.

CALL

+ 971 502585921

TALK TO OUR BUSINESS SETUP EXPERTS & GET INSTANT SOLUTION FOR YOUR BUSINESS

Simple and straightforward is always the easiest way. We explain every aspect so you understand each step of the process.
Get a Quote Today

Company Registration Service in Dubai Knowledge Village Know business setup cost & Package with Tariff for Dubai Knowledge Village. You will get Dubai Knowledge Village Office at affordable cost, You can see several new companies in Dubai Knowledge Village generating good Revenue. Read on Dubai Knowledge Village Jurisdiction and Benefits of setting up of company in Dubai Knowledge Village. We help you getting Business License in Dubai Knowledge Village. Rules & Regulations in Dubai Knowledge Village are similar to other free zones in UAE. You might have read about the activities, advantages employee benefits of Dubai Knowledge Village. Get a quote today and know about license fees & trade license cost towards establishment of Dubai Knowledge Village.

CONTINUOUSLY GROWING WITH
YOU.

0 +
Years Established
0 +
Satisfied Customers
0 +
Countries
0 +
Languages Spoken