Reasons for Business Setup in Dubai knowledge Village
Hassle Free Registration
• Setting up a business in Dubai knowledge village can be easy in terms of registration. The registration process requires a number of documents to process licenses and ensure proper compliance as per the UAE laws.
No Limit on Number of Shareholders
• The commercial company’s law has stipulated several provisions stating the number of shareholders during the formation of business. Reasons for Business Setup in Dubai knowledge Village
Accessibility and Modern Infrastructural
• Dubai knowledge village is divided into three phases with world class facilities and infrastructure. It has well connected roads and metros that are easily accessible.
Fewer Licensing Formalities
• DKV business set up commonly offers two types of license commercial license and service license. • Service: Companies holding a valid license from the respective government body in the UAE can offer banking, contracting services etc. but have to abide by any requirements of the governing body. • Commercial: Companies which are legally incorporated in this free zone can carry out any commercial activities under this license. Reasons for Business Setup in Dubai knowledge Village
Availability of Freelance Permit
• Dubai knowledge park allows an entrepreneur to establish a free zone as a freelancer.
Easy to Understand Legal Framework for Business Set up
• Dubai Knowledge Village provide streamlined legal procedures for Starting a business in a free zone. Easy legal system may considerably help entrepreneurs to make the right decisions and future-proof their startups. Reasons for Business Setup in Dubai knowledge Village
Foreign Company Ownership is Allowed
• A foreign investor can fully own the business without requirement if a local partner and full repatriation of profits and capital. • companies within the free zones are allowed for corporate tax exemptions • this free zone allows foreign investors to transfer corporate money back to their home country from UAE. • When investors want to transfer their funds into a new region, they need to open a bank account so they can secure their investment. free zone of emirates provides you an ease to open a bank account, so that you can perform daily monetary activity with comfort and peace of mind. Thank You