Quick Look DMCC
Dubai Multi Commodities Centre
One of the world’s leading free zone, with over 14,000 companies operating from the centre.
LICENSES: Service | Trading | Industrial
FACILITIES: Offices | Executive desks
COSTS: Medium (from US$12,000)
Recommended for: Established and startup consultancies, commodity traders, representative offices, regional headquarters
How we can help you?
- Recommendthe best options as per your requirement!
- Incorporate your company with ease!
- Provide a holistic solution for all your business needs!
Please fill in your details so that our legal advisor can contact you and guide you through the process.
DUBAI KNOWLEDGE PARK
Established in 2003 as part of TECOM Investments, Dubai Knowledge Park 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 Human Resource Management, Consultation, Training and Personal Development programmes on a picturesque campus in new Dubai.
The Knowledge Park currently hosts over 600 business partners.
WHY DKP?
- Developed to integrate training and learning facilities, vocational programs and other educational courses.
- Clearly laid out rules and regulations
- Excellent connectivity to metro and roadways
- Access to premier residential developments like The Greens, Barsha and Dubai Marina.
- Managed by Dubai Creative Clusters Authority, which also manages similar knowledge clusters across Dubai
- Vibrant learning community, comprising teaching professionals from multiple disciplines
- All Free Zone benefits
FORM YOUR DKP COMPANY NOW!
Similar Free Zones in Dubai
Advantages of company formation in Dubai Knowledge Park
- 100% foreign ownership
- 0% corporate tax for 50 years
- 0% personal income tax
- 100% repatriation of capital and profits
- 0% import or re-export duties
- No currency restrictions
- No restrictions on foreign talent or employees
In addition to this, company formation in the DKP can derive benefits from the extensive network of double-tax avoidance treaties that the United Arab Emirates has signed with countries worldwide, including countries such as India, Pakistan, Singapore, China, Malaysia, Canada, Germany, Italy, Austria and Holland.
Dubai offers the additional benefits of a very high standard of living and a vibrant expatriate community with people from over 180 nations living and working in the region.
Company formation in Dubai Knowledge Park can take the following legal forms:
FZ-LLC (Limited Liability Company)
An FZ-LLC is formed as a separate legal entity, with shareholders as individuals and/or corporates. Minimum capital requirement depends on the business activity. Its shareholders can be an individual, corporate, or both.
The liability of its shareholders is limited to the value of the share capital they hold in the company.
Branch Company
A branch or a representative office of a parent company which already exists outside of the DKP Free Zone. The parent company can be based outside, or inside the UAE. A branch company –
- derives its power and authority from the parent entity thus does not have separate legal personality.
- will not have a board of directors or company secretary
- must retain the same name as the parent entity and end with the designation (Branch).
We can help you structure your company through our DKP company formation services. Contact us to discuss your requirements.
A wide range of service activities can be chosen for company formation in Dubai Knowledge Park.
- Professional and Management Development Training
- Computer Training
- Language Training
- Fine Arts Training
- Child Skills Development Training
- Tutoring Services
- Technical & Occupational Skills
- Assessment and Testing
- Educational Support Services
Click here to view an updated list of business activities allowed for company formation in Dubai Knowledge Park.
Well-designed office spaces are made available for all types of businesses.
Company formation in Dubai Knowledge Park requires physical office space. You can choose from offices in the Dubai Knowledge Park, or Dubai International Academic City. Available are:
- Commercial Offices
- Business Center Offices
- Executive Offices
The Dubai Knowledge Park also has conference facilities for its member companies.
Here are the documents required for company formation in Dubai Knowledge Park:
FZ-LLC – Individual Shareholder
- Application Form
- Business Plan
- Passport copy of the shareholder/s, director/s, general manager, company secretary
- CV of the shareholder(s)
- Bank Reference Letter of the shareholder(s)
- Resolution of the Incorporation of FZ-LCC
- NOC for manager from UAE Sponsor (if applicable)
- RIC form for shareholder(s), director(s), & manager
- Share capital proof from bank or deposit receipt in trust account
FZ-LLC – Corporate Shareholder
- Application for Registration
- Business Plan
- Certificate of Incorporation
- Certificate of Continuity or Good Standing
- MoA and AoA of Parent Company
- Resolution for the Incorporation of FZ-LLC
- NOC for manager from UAE Sponsor (if applicable)
- RIC form for shareholder(s), director(s), & manager
- Share capital proof from bank or deposit receipt in trust account
- Passport copy of the shareholder/s, director/s, general manager, company secretary
Branch – Foreign Company
- Application for Registration
- Business Plan
- Certificate of Incorporation
- Certificate of Continuity or Existence or Good Standing
- MoA and AoA of Parent Company
- Resolution for the Incorporation of FZ-LLC
- NOC for manager from the current UAE Sponsor (if applicable)
- RIC form for manager
- RIC form for corporate
Branch – UAE Company/UAE Establishment
- Application for Registration
- Business Plan
- Trade License of Parent Company issued by DED
- MoA and AoA of Parent Company
- Resolution for the establishment of Branch
- NOC from the Current UAE Sponsor (if applicable)
- RIC form for manager
- RIC form for corporate
* if any of the documents are in any language other than English and Arabic, then, it must be legally translated into English.
Minimum Requirements
Minimum share capital starts at AED 10,000.
The minimum capital requirement may vary and depend on the activity or segment. Branch companies have no capital requirements.
You can download the list of required documents here.
Click here to access the template formats of resolutions and required documents for company formation in Dubai Knowledge Park.
Here are the approximate costs incurred during Company formation in Dubai Knowledge Park:
Registration fee – US$ 960 (AED 3,520)
License fee (per segment) – US$ 4,110 (AED 15,020)
Share Capital* – US$ 13,700 (AED 50,000) – This has to be deposited in an account in the name of the company. Can be subsequently used as working capital.
You can choose between business centre spaces and offices in the Dubai Knowledge Park. The company would be eligible for 1 visa for every 8 square metres of office space.
Executive Desks (2 visa option ) – US$ 6,880 (AED 25,000), with a refundable deposit of US$ 1,362
| Rental Rates in Dubai Knowledge Park (DKP) | ||||
| Product Sub-Category | Annual Rent (AED/unit/year) | Maximum Number of Employees | Payment Terms | Remarks |
| Executive Office | Type 2: 60,000 Type 3: 72,000 Type 4: 96,000 Type 5: 120,000 Type 6: 144,000 Type 7: 180,000 |
Type 2: 2 Type 3: 3 Type 4: 4 Type 5: 5 Type 6: 6 Type 7: 7 |
Quarterly | Size Range: sq. ft. Type 2: ≤ 100 Type 3: >100 & ≤140 Type 4: > 140 & ≤ 180 Type 5: > 180 & ≤ 220 Type 6: > 220 & ≤ 260 Type 7: ≥ 260 |
| Rental Rates in Dubai International Academic City (DIAC) | ||||
| Product Sub-Category | Annual Rent (AED/unit/year) | Maximum Number of Employees | Payment Terms | Remarks |
| Executive Office | Type 2: 45,000 Type 3: 54,000 Type 4: 72,000 Type 5: 90,000 Type 6: 108,000 Type 7: 135,000 |
Type 2: 2 Type 3: 3 Type 4: 4 Type 5: 5 Type 6: 6 Type 7: 7 |
Quarterly | Size Range: sq. ft. Type 2: ≤ 100 Type 3: >100 & ≤140 Type 4: > 140 & ≤ 180 Type 5: > 180 & ≤ 220 Type 6: > 220 & ≤ 260 Type 7: ≥ 260 |
Commercial Office in Dubai Knowledge Park – US$ 51 (AED 190) per square foot per annum.
Commercial Office in Dubai International Academic City – From US$ 31 (AED 115) per square foot per annum.
VISAS
The company will have to apply for an Establishment Card, in order to commence the processing of visas. An additional document required is a Power of Attorney, in case a PRO is appointed.
Establishment Card – AED 1,770 (US$ 482)
Power of Attorney – AED 1,500 (US$ 410)
The next step will be applying for the visas. Here are the approximate costs:
Employment Visa – applicant outside the country – AED 3,280 (US$ 894)
Employment Visa – applicant inside the country, no status change – AED 4,120 (US$ 1,125)
Employment Visa – applicant inside the country, with status change – AED 4,910 (US$ 1,340)
Visa Guarantee (refundable deposit) – AED 2,500 (US$ 682)
Medical Test, Emirates ID – AED 1,240 (US$ 338)
Download your fact sheet for company formation in Dubai Knowledge Park here.
How can 10 Zone help with company formation in the Dubai Knowledge Park?
10 Zone has:
- been setting up businesses in Dubai since 2004
- experts in consultancy and company formation
- a team of highly qualified Lawyers, Chartered Accountants and Relationship Managers
- capabilities to assist you in English, Arabic, French, German, Turkish, Hindi, Afrikaans & Tagalog.
Our Services
- Assistance in company formation
- Assistance in bank account opening
- Visa processing
- VAT registration
- HR & Payroll
- Contracts and Agreements
- Secretarial and Annual Compliances
- Marketing and branding
ALL SERVICES