Business Setup in Dubai Knowledge Village

Name: Shuraa Business Setup
Brand: Shuraa
Rating: 4.7 (1148 reviews)

Dubai's only free zone dedicated to human resource, professional development
& learning excellence

Company Formation in Dubai Knowledge Park Freezone

Launched in 2003, Dubai Knowledge Village (DKV) free zone is a part of the Technology, Electronic, Commerce and Media (TECOM) group. It is also commonly known as Dubai Knowledge Park (DKP). It is located in the Al Sufouh district of Dubai and is home to over 500 businesses.

The free zone is dedicated to human resource management, professional learning, educational intelligence, and more.

Company formation in Dubai Knowledge Park is an ideal place for aspiring entrepreneurs. It is the world’s only free zone designed specifically for human resource management and learning excellence. Moreover, the DKV free zone defines the key concept of Dubai’s knowledge-based economy.

Shuraa Business Setup is your one-stop solution for establishing a thriving business in Dubai Knowledge Village Freezone (DKV). We offer comprehensive services, from company registration and licensing to office space and PRO services, ensuring a smooth and hassle-free setup process.

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Why Choose Dubai Knowledge Village Business Setup?

1. 100% foreign ownership

Enjoy complete control over your business operations.

2. Focus on Knowledge-Based Industries

DKV offers a dedicated environment for businesses specializing in education, training, HR consultancy, and other knowledge-based activities.

3. Flexible licensing options

Choose the license that best suits your business activities.

4. World-Class Infrastructure

DKV boasts state-of-the-art facilities, including fully equipped offices, advanced technology hubs, and modern amenities.

5. Tax Benefits

Companies established in DKV enjoy significant tax exemptions, enabling them to maximize profits.

6. Fast and easy company setup

Benefit from streamlined registration procedures and minimal paperwork.

Who Can Benefit from Business Setup in Dubai Knowledge Park?

1. Human resource management companies

DKP is the ideal location for companies providing a range of human resource management services, such as recruitment, training, and consultancy.

2. Educational institutions

DKP offers a supportive and stimulating environment for educational institutions, such as universities, colleges, and training centers.

3. Start-ups and entrepreneurs

DKP is a great place for start-ups and entrepreneurs to launch and grow their businesses.

4. Freelancers

DKP offers a variety of co-working spaces and business support services that are ideal for freelancers.

Types of Businesses in DKP

Human resource management companies
Recruitment agencies
Training providers
Management consultancy firms
Educational institutions
Universities
Colleges
Training centers
Research and development organizations
Non-governmental organizations (NGOs)

Facilities Offered in Dubai Knowledge Park (DKP)

Flexible office solutions, including shared spaces, serviced offices, and built-to-suit options
State-of-the-art conference and training facilities
On-site visa processing services
Retail and leisure amenities
Multilingual support services

Business License Offered at Dubai Knowledge Park

There are various types of business licenses offered in DKP, each catering to specific business activities. The process of company formation in Dubai Knowledge Park free zone can take up anywhere between 4-6 weeks.

Here is an overview of the most common licenses:

1. Commercial License

This is the most general license type, allowing a wide range of commercial activities, including trading, distribution, and retail. You can choose between general trading or specialized trading licenses based on your specific business activities.

2. Educational License

This license is required for businesses providing educational services, such as schools, universities, training centers, and e-learning platforms. There are different subcategories within the educational license, including early childhood education, higher education, and vocational training.

3. E-Commerce License

This license is ideal for businesses selling goods and services online. It allows you to conduct online transactions, store inventory, and manage your e-commerce platform within DKP.

4. Consultancy License

This license allows businesses to offer consultancy services in various areas, including human resources, marketing, and business strategy. You can choose a general consultancy license, or a specialized license based on your expertise.

5. Freelance License

This is a special type of license designed for individuals who want to operate as freelancers in DKP. It allows you to work independently and offer your services to clients remotely or within the free zone.

If you are unsure about which license is right for your business, Shuraa Business Setup can help. We have a team of experienced consultants who can guide you through the process of choosing the right license and setting up your business in Dubai Knowledge Park.

Business structures permitted in Dubai Knowledge Village free zone

1. Free Zone Limited Liability Company (FZ-LLC)

2. Branch of a Foreign/UAE Company

3. Association (Non-Profit Organizations)

4. Freelancer License

Process of Setting Up a Company in DKV

If you’re considering establishing a company in DKV, here’s a comprehensive guide outlining the process:

1. Choose Your Business Activity and Structure

Determine the specific business activities you'll undertake within DKV. Choose the right business structure, such as FZ-LLC, branch office, or freelancer license, based on your needs.

2. Company Registration at DKV

Submit a completed application form to DKV authorities, including your chosen license type, proposed company name, and business activity details. Provide necessary documents, such as passport copies, business plan, and shareholder information. After verification, your company will be officially registered. Obtain the trade license and other necessary permits.

3. Lease Office Space

Secure office space within DKV to meet your business needs. Choose from various options, including shared spaces, serviced offices, and built-to-suit solutions.

4. Open Corporate Bank Account

Open a corporate bank account in Dubai to manage your business finances.

5. Complete Visa and PRO Services

Apply for visas for yourself and your employees and utilize PRO services for ongoing government liaison and administrative tasks.

Consider seeking professional assistance from business setup consultants like Shuraa Business Setup. We can guide you through the process of company formation in Dubai Knowledge Park, handle the paperwork, and ensure compliance with all requirements, allowing you to focus on your core business operations.

What is the cost of Business Setup in DKV?

The cost of setting up a business in Dubai Knowledge Village (DKV) generally starts from AED 14,999* but may vary depending on various factors including business structure, type of license, and additional permits.

Dubai Knowledge Village License Renewal

The renewal process of businesses in Dubai Knowledge Village free zone is a highly cost-effective and simple process. You will have to submit an audit report starting from the second renewal of your company on an annual basis.

Moreover, to complete the process of renewal for your company, you will need to pay the renewal fee and submit the signed lease agreement for your facility. Additionally, an advantage is that your physical presence in the UAE isn’t required for renewal and can be completed through an agent.

Why Choose Shuraa Business Setup?

Team of experienced business setup consultants
Dedicated PRO executives to handle your paperwork
Competitive prices and transparent fees
Assisted over 50,000 Business establishment in UAE
22+ years of experience in UAE business setup
Complete support throughout the entire process
Track record of successful company registrations

Frequently Asked Questions

Dubai Knowledge Village Freezone is a specialized business hub focused on the education, training, human resource, and consultancy sectors. Choosing this freezone provides strategic benefits such as a prime location, tax exemptions, and state-of-the-art infrastructure, creating an ideal environment for business growth.

Yes, one of the key advantages of Dubai Knowledge Village business setup is that it allows 100% foreign ownership, eliminating the need for local partners in your business setup.

Yes, businesses in Dubai Knowledge Village Freezone can obtain a Commercial License, allowing them to engage in trading activities related to the education, training, human resource, and consultancy sectors.

Yes, you can apply for visas for yourself and your employees after registering your company. Visa fees and requirements vary depending on nationality.

Absolutely. Businesses operating in the freezone enjoy tax exemptions, contributing to increased profitability and a competitive edge in the market.