DKP Free Zone in the UAE
Explore great opportunities for a business setup in Dubai at DKP. Be a part of a highly supportive ecosystem for talent development and business growth. Gain access to specialized digital and internet facilities.
Dubai Knowledge Park (DKP) free zone is a part of the TECOM Group, focusing on human resource management and promoting excellence in learning. Since its establishment in 2003, it has been dedicated to nurturing talent and making the UAE a knowledge-driven economy. It has the best support system with AXN and IN5 that help international businesses with company formation in the UAE. It is situated in a scenic and strategically beneficial location, adjacent to the Dubai Internet City. Besides, it’s surrounded by special convenience stores, medical, pharmacy, dining, beauty care, and other facilities.
Formerly known as the Dubai Knowledge Village, it is home to the largest companies and universities in the city. DKP offers comprehensive programs in HR management, consultancy, training, and personal development. You can enjoy many benefits with a Dubai Knowledge Park company setup. These include collaborating with government entities, getting flexible solutions, and receiving exceptional customer service. There are several options for commercial spaces in DKP such as executive offices/suites, hot desks, and open offices.
Key Advantages of Dubai Knowledge Park Company Formation:
- 100% foreign ownership
- Complete capital repatriation
- Absolute exemption on personal income, service, import, and export taxes
- Possible exemption from corporate tax subject to meeting criteria
- Partnerships with governmental and regulatory bodies
- Professional, dependable, and flexible customer service and solutions
Features of Dubai Knowledge Park 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 for Dubai Knowledge Park Company Formation:
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 for Business Setup In Dubai:
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.
Process for Dubai Knowledge Park Company Setup:
- Identify the legal form of the company to be registered in DKP
- Select an activity from the DKP activity list
- Apply for name and initial approval
- Payment of fees related to DKP business setup
- Sign DKP company registration and incorporation documents
- Apply for a DKP residence visa
Documents Required for DKP Company Registration:
The documents required for business set up in DKP (Dubai Knowledge Park Free Zone) depend on whether a shareholder is an individual or corporate entity. The basic requirements are:
- Color passport copy of shareholder/director/manager
- Color UAE residence visa & emirates id copy
- Utility bill copy
- CV/Resume
- Business Plan
- NOC from the current sponsor
Dubai Knowledge Park Company Setup Cost:
DKP Company Setup begins from AED 43,290/-.
Other Notes for DKP – Dubai Knowledge Park Free Zone Company Formation:
- Dubai Knowledge Park company formation requires documents to be legalized with the UAE Embassy in case of corporate shareholder
- Shareholders or directors wishing to have UAE residency visas on the said company will need to revisit after issuance of the 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.
- Company Immigration/Establishment card to be renewed every year
- Investors to have a family status UAE visa should have a share capital of AED 75,000/- and to be eligible for an Owner/Investor/Partner visa should have a share capital of AED 60,000/-
How GBS Helps
Open doors to exciting new markets with business setup in Dubai. Global Business Services DMCC offers expert guidance on everything from market research to legal compliance. With our knowledge and networks, we can help in making your dream of a global business come true. Our business setup consultants have the expertise to guide you strategically.
Get ready to take on the business world and achieve success with our assistance by your side! For a successful company formation in the UAE, call us now at 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DIC.
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.
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OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
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Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
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)
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Copyright © 2020 Global Business Services.