Business Setup in Dubai Knowledge Park Free Zone (DKP)
Dubai Knowledge Park, formerly known as Dubai Knowledge Village is a popular Dubai free zone attracting millions in investments. Established in 2003, Dubai Knowledge Park (DKP) Free Zone is a premier destination for businesses focused on education, training, and human resource development.
DKP provides a stimulating environment designed to foster innovation and growth in the knowledge-based industries. With world-class facilities and a supportive regulatory framework, DKP is an ideal location for businesses looking to make a significant impact in the education and HR sectors.
Company formation in Dubai Knowledge Park Free Zone is great for aspiring entrepreneurs and individual investors. Solutions FZCO is your one-stop solution for establishing your business in the DKP Free Zone. If you are interested, keep reading for the details on the free zone and its offerings.
Why Set Up a Business in Dubai Knowledge Park Free Zone?
Dubai Knowledge Park offers a unique ecosystem tailored to the needs of knowledge-based businesses. Its strategic location in the heart of Dubai, coupled with its specialized infrastructure, makes it an attractive destination for companies looking to leverage the region’s growth potential.
DKP is home to a vibrant community of educational institutions, training centers, and HR consultancies, providing ample opportunities for collaboration and networking.
Benefits of Setting Up a Company in the DKP Free Zone
- 100% foreign ownership
- Flexible licensing options
- Zero tax on capital
- Zero duties on import and export
- Fast and easy company setup
- World-class infrastructure
- Service-based companies
- Wide range of facilities
- 100% repatriation of earnings
- Quick visa process
Types of Businesses Allowed in Dubai Knowledge Park Park Free Zone
Dubai Knowledge Park houses various types of businesses. Here are some popular business types in DKP Free Zone:
- HR Management Companies
- Training Companies
- Recruitment Agencies
- Management Consultancy Firms
- Universities
- Printing
- E-commerce
- Colleges
- Education Institutes
- Training Centers
- R&D Organizations
- NGO’s
- IT Consultancy Firms
- Fine Arts Training
Restricted Business Activities in DKP Free Zone
- Sale/ Manufacturing of alcohol and related commodities.
- Gambling, casinos, internet gaming ventures, and lotteries.
- Products and services relating to distribution of adult content, films, strip clubs, etc.
Types of Licenses Available in Dubai Knowledge Park Free Zone
Here is a brief overview of the types of business licenses offered by DKP Free Zone Authority:
- Training License: For businesses offering educational and vocational training.
- HR Development License: For companies specializing in human resource development and consultancy.
- Service License: For service-oriented businesses in various sectors.
- Freelance Permit: For individual professionals in the education and HR sectors.
Types of Legal Entities in Dubai Knowledge Park Free Zone
- Free Zone Limited Liability Company (FZ-LLC): A company with one or more shareholders.
- Branch Office: A branch of an existing company based in the UAE or abroad.
- Freelancer: An individual professional operating under their own name.
Types of Facilities in Dubai Knowledge Park Free Zone
Dubai Knowledge Park Free Zone offers tons of reliable and futuristic facilities for business owners.
- Flexible offices for companies of all sizes, including open offices, hot desks, executive suites, conference rooms, etc.
- Commercial offices in DKP are used by some of the biggest clients such as Hewitt, Hays, Palladium, Gallup, and more.
How to Set Up a Business in Dubai Knowledge Park Free Zone [Steps]
Follow these steps to launch your business in Dubai Knowledge Park:
Select a Business Activity
Determine the nature of your business and the appropriate license type. There are various activities you can choose from for your company setup.
Choose a Legal Entity
Decide on the legal structure that suits your business needs.
Submit an Application
Fill out the application form and submit it to the Dubai Knowledge Park Authority along with the required documents.
Initial Approval
Obtain initial approval from the Free Zone Authority.
Lease Agreement
Sign a lease agreement for office space or facilities in the Dubai Knowledge Park Free Zone.
Pay Fees
Pay the necessary registration, licensing, and leasing fees to the free zone authority.
Obtain Your License
Receive your business license from the DKP Authority and commence operations.
How Solutions FZCO Can Help You!
Solutions FZCO is your trusted partner in setting up your business in Dubai Knowledge Park Free Zone. Our team of experts will guide you through each step of the setup process, ensuring a smooth and efficient experience.
Leverage our local contacts with the authorities to speed up your business registration process. Let us take care of the required licenses and permits, so you can start your business within days.
Contact us today to unlock the potential of Dubai Knowledge Park and take the first step towards establishing your successful business in Dubai!
