Faic Business Consultancy JLT

Email: info@faicdubai.com

Dubai Knowledge Village

Dubai Knowledge Village - (abbreviated DKV), which provides opportunities for training and education entrepreneurs to work with 100% foreign capital. There are more than 400 institutions operating within DKV, including universities, training centers, professional centers and HR companies. DKV provides educational services and recruitment services, the leading association of individuals and organizations in the field of education and recruitment. This Free Zone was established in 2003 and is part of TECOM Investments, it covers an area of ​​more than 1 million square feet. In the Free Zone are already existing 21 universities, 14 colleges, more than 200 educational centers and more than 450 business partners.

Partners and member institutions in DKV:
• American College of Emirates
• University of Wollongong in Dubai
• Birla Institute of Technology and Science, Pilani - Dubai (transferred to DIAC)
• European University College Brussels
• Heriot-Watt University Dubai
• Islamic Azad University
• Mahatma Gandhi University
• Middlesex University, Dubai
• University of New Brunswick in Dubai
• St. Petersburg State University of Engineering and Economics
• The British University in Dubai
• Eton center

Services
DKV provides all the necessary conditions for the operation and development of companies in the education sphere, ranging from small rooms to autitoriums for 330 people. Its territory is full of restaurants, shops, including bookstores, lounges and more. It has many partners ready to rent out rooms equipped with the latest technology, space for shops, ATMs, kiosks, beauty salons, and restaurants. It offers a complete absence of bureaucratic barriers, easy registration process of the company and immigration issues.

Licences:
• Commercial license
• freelance license


Activities allowed on the Free economic zone are:
• Education related services
• General Services (Recruitement, Freelance, counseling, regional representative offices, hotels and leisure centers, property management, etc.)

Types of companies:
• Branch of a local or foreign company
• FZ-LLC (New Incorporation of a Free Zone Limited Liability Company) - independent  separate organization, in which the shareholders can be individual or corporate.

Key benefits to set up business in DKV Free Zone:
• 100% taxes exemption
• 100% foreign ownership
• No tax on wages
• No customs duties


Registration process
The registration procedure takes 1-2 weeks. The minimum share capital for companies such as FZ-LLC is 50,000 dirhams (about 13,700 U.S. dollars). To register a branch of the authorized capital is required.

Read 2103 times Last modified on Saturday, 02 March 2013 21:53
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Our address

Faic Dubai, Unit № 605-4, BB1 Tower, Level 6 - Mazaya Business Avenue, Diamond Business Center DMCC ("DBC"), Jumeirah Lakes Towers, Dubai, UAE

Mail: info@faicdubai.com