Company Formation in DKP – Dubai Knowledge Park Free Zone

Company Formation in DKP – Dubai Knowledge Park Free Zone
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Dubai Knowledge Park (DKP) is the world’s only Free Zone area dedicated to human resource management and learning excellence. Established in 2003 as part of TECOM Investments, DKP aims to develop the region’s talent pool and establish the UAE as a knowledge based economy. DKP is a unique hub that offers the best selection of Human Resource Management, Consultancy, Training & Personal Development Programmes on a picturesque 1 km long campus in the heart of Dubai.

The growing demand for human capital environment, influenced by Dubai’s economic strategies, is one of the key factors that continue to contribute to the zone’s success. Today, a large number of DKP business partners have set up training centers, institutes and HR agencies to sustain and secure their market share in this booming sector. DKP partners also benefit from partnerships with government and regulatory authorities. DKP provides flexible solutions with support from its loyal customer service team, servicing partners with professionalism, reliability and trust. DKP can be seen as your trusted business partner in bringing in the very best HRM and Personal Development programmes from around the world.

Major Benefits of Company Formation in DKP (Dubai Knowledge Park Free Zone):

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
  • DKP partners also benefits from Partnerships with Government and regulatory authorities
  • Provides flexible solutions with support from its loyal customer service team, servicing team, servicing partners with professionalism, reliability and trust.
Characteristics of DKP Company Setup:

Location:

Dubai Knowledge Park, Dubai, (U.A.E.)

Proposed activity:

Computer Training/Language Training/Fine Arts Training/Tutoring Services/Technical & Occupational Skills/Professional & Management Development Training/Child Skills Development Training/Human Resources Consultancy/Exe. Search/Research & Development/Content Development/Assessment & Testing/Freelancers/Association (Non-profit Organizations)/Professional Development/Service Provider/Support Services/Consultancy/Regional HQ/Hotels& Leisure Services & Property Mgmt. Services can be carried out in DKP.

License available:

Commercial Trading, Service License & Freelancer permit are available options for DKP – Dubai Knowledge Park Free Zone Company setup.

Type of entities:

Free Zone-Limited Liability Company (FZ-LLC) & Branch office

Shareholder:

Shareholder for Dubai Knowledge Park Free Zone (DKP) Company can be Individuals or Corporate entity,

Director:

Individuals only (Minimum one. Shareholder can also be Director)

Share capital:

AED 50,000/- (50 shares of AED 1,000/- each) for FZ – LLC DKP Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Audit:

Audit report is not required to be filed with DKP.

Estimated time:

4 to 6 weeks to obtain license of the company and register a company in DKP (Dubai Knowledge Park Free Zone)

Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

DKP (Dubai Knowledge Park Free Zone) Company Setup Process:

  • Identify the legal form of company to be registered in DKP
  • Select activity from DKP activity list,
  • Apply for name and initial approval,
  • Payment of fees related to DKP business set up,
  • Sign DKP company registration and incorporation documents,
  • Apply for DKP residence visa.

Documents Required for DKP Company Registration:

The documents required for business set up in DKP (Dubai Knowledge Park Free Zone) depends on whether a shareholder is individual or corporate entity. Basic requirements are

  • Color passport copy,
  • Color UAE residence visa & emirates id copy,
  • Utility bill copy,
  • CV/Resume,
  • Business Plan.
  • NOC from current sponsor

To know more about the complete requirements for company formation in Dubai Knowledge Park Free Zone (DKP) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com

Company Formation Cost in DKP:

DKP Company Setup begins from AED 43,290/-.

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DKP.

Other Notes for DKP – Dubai Knowledge Park Free Zone Company Formation:

  1. Document to be legalized with UAE Embassy in case of corporate shareholder
  2. Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  3. Company Immigration/Establishment card to be renewed every year
  4. Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-

Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in DKP. Our company acts as a one stop solution for DKP company incorporation services.

If you are looking for DKP company setup, please get in touch with us for professional assistance.

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DKP (Dubai Knowledge Park Free Zone).

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.

GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

QUICK LINKSOur Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

Copyright © 2020 Global Business Services.

Copyright © 2020 Global Business Services.

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