Business Setup in Dubai Knowledge Village | Company Setup in Dubai Knowledge Village

Dubai Knowledge Village

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DUBAI KNOWLEDGE VILLAGE

What is Dubai Knowledge Village

Dubai Knowledge Park as the name suggests is a knowledge zone based in Dubai. It is the world’s only Free Zone that is dedicated to human resource management and learning excellence.

Established in the year 2003, this free zone aims to develop a pool of talent in the UAE. This unique hub offers various courses, diplomas and certificates in HRM consultancy, Training and Personal Development and more. This provision of high-quality educational institutes and the presence of recruitment consultancy are also supporting the growing needs of businesses constantly looking for professionals in training and HR.

Hence if you want to capitalize on the growing trend, a free zone company formation in Dubai Knowledge Village will be a great idea. You can start a knowledge centre dedicated to imparting education in human resources, learning and development or other professional courses too.

Benefits of DKV company formation

Complete ownership of the company
No taxation – personal or corporate
Hassle-free repatriation of capital and profits
Location Advantage
Opportunity to partner with government and regulatory authorities
Modern infrastructure and facilities
Participate in networking events conducted regularly

Free Zone Company Formation In Dubai Knowledge Village - Company formation types

Free Zone Limited Liability Company (FZ-LLC)

You can establish an independent legal entity with shareholders. The minimum capital requirement for this type of company incorporation depends on the nature of your business activity.

Branch of a Foreign Company

You can also opt to form a branch of a foreign company in DKV even if its business location is not in the main company’s HQ. However, the branch should be a legally dependent part of the parent company. This type of company formation doesn’t require any minimum capital requirement.

Freelancer

The Freelance permit is another business structure that is offered. It gives you the ability to operate as a sole practitioner to conduct your business in your name rather than the brand name.

Permitted activities in the Dubai Knowledge Village free zone

Human Resources Consultancy
Software Training
Language Training
Fine Arts Training
Tutoring Services
Technical & Occupational Skills
Professional & Management Development Training/
Child Skills Development Training/
Search Research & Development
Content Development
Assessment & Testing

Documents Required for Setting up a Business in DKV

The documents required for company formation in Dubai Knowledge Village may vary depending on your business activity and company structure. However, described below are some documents that you would typically need to submit

Board Resolution
Proof of share capital
Details of the shareholder(s)
Registration fee and license fee
Company registration application
Memorandum and Articles of Association (MAA)
No-Objection Certificate (NOC) from residency
Visa Sponsor
Certificate of Authorization for the Gulf Standardization Organization (GSO)
Passport copy and specimen signature of the manager and the director(s)

DKV Company Formation Procedure

There are various steps involved in company formation, UAE which are as follows:

Decide on your business activity, choose the company structure (whether LLC, a branch of a foreign company or a freelancer, submit the required documents and get your trade name registered with the officials. You will receive primary approval from the Dubai Technology and Media Free Zone Authority.
Sign and return the customer confirmation letter and pay the required fees. Once the fee is paid, you must sign the Memorandum of Association (MOA) and Articles of Association (MOA).
Next deposit the required amount of share capital. Your application will be reviewed again by the relevant authorities and you will be offered the Certificate of Incorporation.

We make company formation in Dubai Knowledge Village Free Zone Seamless

If you are looking for the best business setup consultant in Dubai, then you are at the right place. We at Corpin Consultants assist with you all the processes and consultations needed to form a company in DKV.

We also prioritize complete data integrity and confidentiality of our clients so you can rest assured that your details are in safe hands. For end-to-end company setup in DKV or any other free zones or location in UAE, Corpin is a name to reckon on. Take the first step towards your flourishing career in Dubai by contacting us today!