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Dubai Knowledge Village(DKV) Free Zone Onshore Company, Dubai (U.A.E.)

DKV

Dubai Knowledge Village Company SetupDubai Knowledge Village (DKV) is the world's only free zone area dedicated to Human Resource Management and learning excellence. Established in2003 as part of TECOM Investments, DKV aims to develop the region's talent pool and establish the UAE as knowledge based economy. DKV is a unique hub that offers the best selection of Human Resource Management, Consultancy, and 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 free zone's success. Today, a large number of DKV business partners have set up training centers, institutes, HR agencies to sustain and secure their market share in this booming sector. DKV partners also benefit from partnerships with government and regulatory authorities. DKV provides flexible solutions with support from its loyal customer service team, servicing partners with professionalism, reliability and trust. DKV can be seen as your trusted business partner in bringing in the very best HRM and Personal Development Programmes from around the world.

Location: Dubai Knowledge Village, Dubai, (U.A.E.)
Permitted 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 and Association (Non-Profit Organizations)
License available: Freelance permits and commercial license
Types of entities: Free Zone Limited Liability Company (FZ-LLC), branch office & freelancers
Shareholder: Can be individual or corporate entity
Director: Individuals only
Share capital: Minimum of AED 50,000/-, whereas AED Nil/- in case of branch office
Audit: Audit report not required to be submitted to free zone authorities
Estimated time: Minimum of 5 - 6 working weeks to obtain final trade license
Key benefits:
  • Ownership, Taxation, Repatriation Advantage.
  • 100% foreign ownership.
  • 100% repatriation of capital and profits.
  • No personal income tax.
  • No corporate tax.
  • Dxb Knowledge Village free zone partners also benefit from partnership with government and regulatory authorities
Renewal: License of the company has to be renewed on annual basis. Penalty would be charged by the authority if license is renewed after expiry date.

Starting from AED 29,510/- onwards (inclusive of license, registration and hot desk rentals) and renewal charges amounts to AED 17,500/- from next year onwards. However please note that the above mentioned charges can vary depending upon the number of license applied under one company and also depends upon the leasing/office facility acquired.

GBS provides you consultancy and helps you with company incorporation services at Knowledge Village 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.