DUBAI KNOWLEDGE PARK (DKP)2024-10-03T15:30:13+04:00

UAE MAINLAND

DUBAI KNOWLEDGE PARK (DKP)

What is the significance of having a UAE mainland firm, and what does it represent?

This free zone, which is a member of the prestigious TECOM Group, aims to advance the UAE’s talent pool and its reputation as a knowledge-based economy.

DUBAI KNOWLEDGE PARK (DKP)

UAE Mainland

This free zone, which is a member of the prestigious TECOM Group, aims to advance the UAE’s talent pool and its reputation as a knowledge-based economy.

What is the significance of having a UAE mainland firm, and what does it represent?

Dubai Knowledge Park (DKP), previously known as Dubai Knowledge Village, was established in 2003.

The best academic and professional programs in consulting, human resource management (HRM), personal development, and training are all housed in DKP, a unique learning hub. High-quality colleges and educational institutions in Dubai Knowledge Park provide their graduates with internationally recognized certificates and diplomas. The only free zone in the world solely devoted to the highest standards of human resource management and education is DKP.

A single office in a shared environment at Dubai Knowledge Park is a furnished workspace featuring an executive desk and chair, a storage cabinet, and a pedestal with a lock and key. This setup provides privacy and security within a communal office setting, offering the benefits of a dedicated workspace while being part of a larger office community.

Formerly known as Knowledge Village, the Dubai Knowledge Park is made up of multiple blocks. Several of Dubai’s largest corporations and universities are housed in these blocks. Among the well-known businesses in Dubai Knowledge Village are Cisco, Stanton Chase, and others.

 

Advantages Of Business Setup in Dubai Knowledge Park

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Dubai Knowledge Park (DKP) For Your Company Formation?

The human resource management, recruitment, consulting, executive search, vocational training, and professional development industries are housed at Dubai Knowledge Park, a development freezone.

Businesses can choose from a range of outstanding services and facilities in free zones like Dubai Knowledge Park, which create an environment that is ideal for development and innovation. Businesses gain from total foreign ownership since it gives them total control over their activities. They also benefit from 100% capital and earnings repatriation, which guarantees their financial flexibility. The complete exemption from income taxes and charges increases profitability even further. Establishing and operating a business in Dubai Knowledge Park is made simple and profitable by the quick and easy incorporation process and the prompt issuing of visas.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Dubai Knowledge Park (DKP)

Can I operate outside the free zone using my Dubai Knowledge Park license?2024-07-10T08:34:56+04:00

No, you can only operate within the free zone. Dubai Knowledge Park licenses are specifically designed for businesses operating within the designated free zone area and do not permit operations outside of it.

What kinds of activities does Dubai Knowledge Park hold?2024-07-10T08:35:58+04:00

Ranging from conferences, workshops, networking events, activations, exhibitions, and more. Access to a range of events at Dubai Knowledge Park is available to you. Interact with business setup consultants for a comprehensive schedule of events.

List some of the notable institutes in Dubai Knowledge Park?2024-07-10T08:38:18+04:00

Some of the institutes in DPK are:

  • SAE Institute Dubai
  • Eton Institute
  • Institute of Knowledge and Leadership

International Centre for Culinary Arts

Is there a limit on the number of employees per company?2024-07-10T08:39:07+04:00

Yes, to ensure a safe and proper working environment, a company can sponsor one employee per 80 sq. ft. of the leased space.

How does an open office at DKP differ from a single office?2024-07-10T08:39:37+04:00

An open office at DKP provides a semi-private workspace within a larger, open-plan office. Unlike a single office, which offers more privacy and individual storage, an open office is designed to promote collaboration while still providing a personal workspace.

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