Setup Business in UAE Blog

Dubai Knowledge Village / Dubai Knowledge Park (DKP)

The world’s only free zone dedicated to Human Resource Management and learning excellence.

Established in 2003 as part of TECOM Group, Dubai Knowledge Park (DKP) aims to develop the region’s talent pool and establish the UAE as a knowledge-based economy. DKP is a unique hub that offers the best selection of programmes in Human Resource Management (HRM), Consultancy, Training and Personal Development. Students receive diplomas and certificates of the highest calibre from DKP’s top-class Business Partners.

With the provision of quality training institutes and recruitment consultancy firms, 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.

Company formation types:

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.

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. (No minimum capital required).

3. Freelancer

The Freelance permit offers the ability to operate as a freelance professional The permit identifies you as a sole practitioner It enables you to conduct your business in your birth name as opposed to a brand name.

Key benefits of establishing a company in DKP:

  • Ownership, Taxation, Repatriation Advantage.
  • 100% foreign ownership.
  • 100% repatriation of capital and profits.
  • No personal income tax.
  • No corporate tax.
  • DKP free zone partners also benefit from partnership with government and regulatory authorities.

Permitted activity:

Computer Training/ Language Training/ Fine Arts Training/ Tutoring Services/ Technical & Occupational Skills/ Professional & Management Development Training/ Child Skills Development Training/ Human Resources Consultancy/ Exe. Search Research & Development/ Content Development/ Assessment & Testing/ Freelancers and Association (Non-Profit Organizations).

UAE Freezones | 👁 496 | Posted April 9, 2018 | Share on Facebook | Twitter | Google+

| Modified: April 9, 2018 | Author:

Popular