Establishment of a business at Dubai Knowledge Park :

Dubai Knowledge Park (DKP) is helping to meet the needs of business by offering required training and skills development programs to professionals and by providing a home of recruiters who will then match these new skills with employers. Although DKP has grown beyond its original mandate, in a very real sense it’s still fulfilling its original purpose – that of providing a place where life-changing opportunities can be found.

Types of company formation in the Dubai Knowledge Park Free Zone :

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

This is a company formed as an independent legal entity with its own shareholders. The minimum capital requirement for incorporation depends on the business activity. A company limited by shares can be incorporated either as a private company or public limited company. Private limited companies have restrictions on who can own shares and in some cases foreign nationals cannot own them. 

2. Branch of a Foreign/UAE Company :

A branch is considered a legally dependent part of its parent company, even if its place of business is not in the main company’s headquarters.

3. Freelancer :

If you’re a freelancer and need a way to get paid for your work, the Freelance permit provides an easy way to do so. As a sole practitioner, it allows you to conduct your business in your birth name as opposed to a brand name. From designers to writers, this is the perfect permit for freelancers looking to start their own business.

The advantages of opening a business at Dubai Knowledge Park :

• Taxation, ownership, and repatriation Advantage
• Completely foreign ownership
• Capital and profit repatriation in full
• No individual income tax
• Zero corporation taxes
• Partners in the DKP free zone gain from collaboration with legislative and regulatory bodies

Permitted activity :

A comprehensive range of training programs, combined with our in-house expertise and support, can help you develop the skills and confidence to reach your professional and personal goals. Our offerings include computer training, languages, fine arts, tutoring services, technical & occupational skills, professional development and management development training for children.

Are you interested in establishing a business in the Dubai Knowledge Park Free Zone (DKP)?

We’ve been setting up businesses in the UAE since 2000, so not only do we know what works, we know who to speak to, in order to reduce set-up and approval periods. We offer company formation & registration services. If you need information regarding the legislation related to opening a company in Dubai and details on starting a business in Dubai, our local advisors are happy to assist you.