Dubai Knowledge Park: Join the world’s only Human Resource Management free zone.
Set up in Dubai’s central Tecom district in 2003, Dubai Knowledge Park (DKP) is the world’s only free zone dedicated to Human Resource Management and learning. The idea is to help advance the region’s talent pool and realise one of the main pillars of the Dubai vision: to become a knowledge-based economy.
The free zone offers a wealth of experience and training programmes across human resource management, personal training and development, and consultancy. Students can access top level practical certified training from a range of high-calibre institutions.
DKP has solutions to assist with whatever your needs in this thriving sector may happen to be.
HOW TO REGISTER A COMPANY IN DUBAI KNOWLEDGE PARK
1. Requirements for provisional approval
- A completed license application form
- Company registration application, if establishing a limited liability company
- Business plan
- Passport copies for the company’s manager, director/s and shareholder/s.
- Also necessary to obtain a permit from the Knowledge and Human Development Authority (KHDA) before a commercial license for DKV activities will be issued
A response will be forthcoming within a week.
2. Submit legal documents for company registration
Once provisional approval has been granted, you have 15 days to submit all required legal documents for company registration. Once all documents have been correctly submitted, a Customer Confirmation Letter (CCL) will be issued within two days. This letter will include:
- Company details, including name, license number and business activity category
- Office details, including address, office size, lease details and annual rent
- Payment details, including service charge, registration fee, yearly license fee, equipment charges, lease payment
3. Signature and payment; document review
You must then return the signed Customer Confirmation Letter and make all necessary payments.
In the meantime, the Dubai Technology & Media Free Zone Authority (DTMFZA) Registration & Licensing Department will review your submitted legal documents. Once satisfied, they will prepare an Article of Association, a Memorandum of Association, and a bank introduction letter.
4. Client signs prepared documents
Once you have signed and returned the Article of Association and Memorandum of Association, the DTMFZA team will provide you with the bank introduction letter, which will then enable you to open a corporate bank account at any of the banks operating inside the UAE.
5. Deposit the company’s share capital
Within 14 days you must use the bank introduction letter to open your account and deposit a minimum AED50,000 (USD$13,600) into it, in accordance with the Board resolution. Once this has happened, the bank will provide a confirmation letter including details of your account and deposit – also known as a ‘Proof of Capital’ letter.
Upon receiving this letter, a Certificate of Incorporation will be issued and a register will sign and seal the Article of Association and Memorandum of Association. From here, your lease agreement and personal sponsorship agreement can be issued and signed.
6: Submit agreements and collect license
The company’s manager, director(s) or shareholder(s) must visit the TECOM Leasing Department to sign the lease agreement. Then you are ready to roll and business can begin!
