Dubai Company Formation in Dubai Knowledge village-Tecom

Knowledge Village was formed under Law No. 1 of 2000 of the Emirate of Dubai. DKV is

set up to position the Dubai Technology and Media Free Zone as a center of excellence

for learning and innovation. This new education and training hub is also set up to

complement the Free Zone’s other two clusters: Dubai Internet City as IT hub and Dubai

Media City as Media hub.

DKV is a vibrant, connected learning community that will develop the region’s talent

pool and accelerate its move to the knowledge economy. Knowledge Village will provide

the infrastructure for developing, sharing and applying knowledge. In addition, KV will

facilitate, promote, and become the flagship for e-Learning throughout the region.

Features

• Government support services.

• Conference centers.

• Dormitory.

• Multimedia library and other common facilities.

• The facilities could be leased for 50 years.

• Type of company activities include IT and Media Corporate Schools, Executive

Education Centre, HR Development Centre, Professional Training Centers, Vocational

Training Centers, Assessment Centre, Testing Centre, Linguistic Institute, Innovation

Centre, Academic Service Provider, School, e-Learning Provider, etc.

Form of registration

• As a branch of a foreign company - no minimum capital required.

• As a branch of a UAE company - no minimum capital required.

• As a Free Zone Limited Liability Company (FZ-LLC) - minimum share capital varies

from AED 50,000 – AED 2,500,000 depending on the type of license

Facility costs and type of licenses

Facility	Size	Cost in AED per annum
Open offices (furnished)	No space restrictions	15,000 per desk (up to 6 months)
Closed office /Exec temp Offices	Varies	32,000 - 35,000 (up to 6 months)
Commercial office (unfurnished)	No space limit	200 sq.ft
Retail Offices	Various sizes	200 per sq.ft onwards

·         Registration Fee one time (FZ-LLC) AED 3,500

·         Registration Fee one time (Branch) AED 3,500

Type of license                                  Cost in AED per Annum

University segment                            50,000 - 100,000

School segment                                 300,000

Boarding School                                 100,000

General segment                                15,000

Freelancer                                           7,500

 
These figures are indicative and subject to change.

Winston Wambua


For more information please contact me on

Mobile +971553350517

Email: winstonk@live.com

Skype: Winston.wambua