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Dubai Knowledge Village (TECOM) |
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A-Z Consultancy can facilitate in setting up business at Knowledge Village Free Zone. Knowledge Village is part of the Dubai Technology and Media Free Zone. It offers substantial business incentives to the institutions operating out of Knowledge Village such as 100 per cent ownership and exemptions from corporate, customs and personal tax as well as full repatriation of capital and profits.
Knowledge Village was designed to complement the Free Zone's other two clusters: Dubai Internet City and Dubai Media City by providing the facilities to train the clusters' would-be workforce, which is heavily focused in the media, communications and IT sectors.
At present, Knowledge Village is the home to some 200 companies. These include international universities, online academic institutions and e-learning providers, as well as research and development centers and testing, innovation and professional training centers. The current campus of the state-of-the-art facility is currently fully occupied.
A vibrant, connected learning community that will develop the region's talent pool and accelerate its move to the knowledge economy.
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Type |
Charges (AED) |
Charges (US $) |
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Licenses |
Trade license
Free Lance Permit |
15,000/ year
7,500/ year |
4,110/ year
2,055/ year |
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Facilities
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Open office (per desk)
Office
Executive suite |
15,000/year
180-350/sq.feet/year
280/sq.feet/year |
4,110/ year
50-96/sq.feet/year
77/sq.feet/year |
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Registration |
Registration (branch &FZ- LLC)
Joining fees (free lance permit) |
3,500 (one time)
7,500 (one time)
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960(one time)
2,055(one time)
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| Other charges | Security deposit (open office & executive office)
Security deposit (executive suite)
Joining fees (one time)
Application fees (one tim | 5,000 (one time)
15,000 (one time)
5,000 500 | 1,370 (one time)
4,110 (one time)
1,370 137 |
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Capital required: From AED 50,000 /shareholder
Time frame: four weeks
Rates to be checked prior incorporation. |
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