|Dubai Knowledge Village|
P.O. Box 73000, Al Sufouh , Dubai, UAE
Dubai Internet City
Why Dubai Knowledge Village
DKV is a member of TECOM Investments Education Cluster, located in Dubai Technology & Media Free Zone. Below are some of the benefits of having your business operations within Dubai Knowledge Village.
Free Zone Status
- 100% foreign ownership
- Full repatriation of profits and capital are permitted
- Guaranteed 50-year exemption from personal, income and corporate taxes
- Exemption from customs duty for goods and services
Unique Cluster Environment
- A unique cluster environment where businesses across the industry value chain share a work campus dedicated to their industry, and can interact and collaborate effectively
- Communities that are anchored by leading global, regional and local names in the industry
World Class Infrastructure
- State of the art technical and community infrastructure to support and foster the growth of the cluster
Business Friendly Environment
- Simplified incorporation process
- Hassle-free and business-friendly company laws and legal framework
- One-stopвЂ“shop service that provides business partners with a variety of government services , including licensing, visa, traffic and postal services
- 24-hour visa service
- Quick access to Knowledge Workers due to fast-track immigration process
Dubai Technology & Media Free Zone Authority (DTMFZA) approves the establishment and registration of companies in DKV and regulates all related procedures and matters. Dubai Technology and Media Free Zone Authority offers a choice of commercial license options:
New Incorporation of a Free Zone Limited Liability Company (FZ-LLC)
A FZ-LLC is formed, as a separate legal entity, with shareholders as individuals and/or entities. Each FZ-LLC is required to have at least one director. There is a minimum paid up capital requirement of AED 50,000.
Branch of an Existing Foreign/UAE Company
A branch of a foreign or a UAE company is not a legal entity separate from its parent but is considered a place of business that forms a legally dependent part of the parent company and conducts all or some of the operations inherent in the parentвЂ™s business. No share capital is required.
Commercial licenses and freelance permits issued by Dubai Technology and Media Free Zone Authority are subject to leasing a facility within the Dubai Technology and Media Free Zone and the license is valid only for operating a business inside the Free Zone territory. Licenses and permits are for a period of one year and are renewable on an annual basis.
Commercial licenses and permits are issued to all businesses registered within DKV, to allow specific approved business activities in compliance with the Dubai Technology and Media Free Zone Licensing Regulations. Please click here to view the segment and activities permitted in DKV.
Located in the heart of Dubai, next to Dubai Media City and Dubai Internet City, DKV offers state-of-the-art campus facilities:
- 330 seat Auditorium
- Fully-equipped meeting rooms
- Full wireless Internet services
- 24 hour security monitored buildings and campus
- Ample parking space
- Food Court вЂ“ including Subway, KFC, Beirut, Fiesta and many more
- 24 hour convenience store
DKV also offers shared facilities to fully support businesses and the community at large:
- Conference rooms
DKV offers a variety of products for potential clients:
These are office/ floor spaces which usually are core and shell. They are left to the tenant to fit out and furnish their office to suit their Business requirements.
Some of DKVвЂ™s premier clients in commercial offices include: Gallup, City and Guilds, Towers Watson, Hewitt, Prometric, Monitor Group, Hays, Palladium etc.
The DKV Business Centers offer a selection of products and services ranging from hot desk to fully furnished complete office environments.
Hot Desk - A Hot desk is a shared office space that can be used by more than one client. A hot desk is perfect for Freelancers looking to have a space to complete office work such as email, browsing, printing and calling. Hot desk clients are eligible for one visa per freelancer. Open Office - Open offices are furnished with one executive desk and chair, and a storage pedestal and cabinet with key. Each open office has a partition running from floor to shoulder height between desks to offer privacy, within a shared environment. Executive Office - An executive office is furnished with one executive desk and chair, visitor chairs, a storage cabinet and pedestal. Typical office sizes range from 100 to 250 sq ft. Executive Suite - The Executive Suite offers a full-fledged furnished office environment, within the Business Centre, which includes an Executive Office, a private reception area and a small meeting room for six persons.
Retail spacing is provided for companies offering support services such as newsagents, restaurants, vending machines, pharmacies etc. Retail partners currently at DKV include: Starbucks, Subway, KFC, 24 hour convenience store, Travel Centres, Photocopy Centres, Pharmacy
KioskвЂ™s are usually small retail outlets that can be newsagents or coffee/juice bars.
Food or Cash machines to serve the DIAC Community
Food Court Outlet
Restaurants in DKV Food court.
Process for Setting up your Business
Dubai Technology & Media Free Zone Authority (DTMFZA) is responsible for the establishment and registration of companies in DKV.
Prospective investors who wish to set up a business in DKV should contact DKV sales team on +971 4 390 1111. The sales representative will be responsible for communicating the process and acting as your primary point of contact to support you through the registration steps.
Minimum Capital Requirements
FZ-LLCs incorporated in Dubai Knowledge Village are required to have minimum paid up capital of AED 50,000. Branch establishments (e.g., all universities and schools) have no minimum capital requirements.