Dubai Knowledge Village Free Zone Company Formation
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.
HH 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 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
Activities Permitted in DKV Free Zone
- 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
- Freelance Permit
- Commercial License
Ways to Set Up a Business in DKV Free Zone
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.
- 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
- 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
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:
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.
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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.