Knowledge Village

AGN MAK International Consulting 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.

Our Objectives:

	Position the Middle East as a center of excellence for learning and innovation
	Lead, promote and facilitate the use of e-Learning in education and training in the Middle East Develop key initiatives to bridge the talent gap in the region.
	Link & develop the skills and know-how of the industry

Our Community

	International academic institutes and programs
	Academic services and support providers
	Professional training centers
	Management development centers
	eLearning Content/Systems/Service Providers
	Research and Development centers
	Innovation centers
	Training and education freelancers

Facilities offered	Commercial spaces No space restriction	Executive offices Business centre Availability is in between 100 to 250 Sq. ft	Open office (Business centre)	Executive suite (Business centre)
Rental per annum	US$ 32.75 (AED 120) Per sq. ft	US$ 95/Sq. ft (AED 350)	US$ 4091 (AED 15,000)	US$ 76.36/Sq. ft (AED 280)
Lease period	One year, annually renewable	One year, annually renewable	One year, annually renewable	One year, annually renewable
Possible legal entities	Branch of a foreign company (Parent company should be in existence for min 2 years)	Branch of a UAE company including entities established in other UAE free zones.	FZ LLC (Single shareholding) Value per share is US $ 273	FZ LLC (Multiple shareholding) Value per share is US$ 273 (AED 1,000)
Capital –cash physical	None	None	*US$ 13, 635 (AED 50,000)	US$ 955 (AED 50,000)
No of shareholders	-	-	One	Minimum two
Formation fee	US$ 955 (AED 3,500)	US$ 955 (AED 3,500)	US$ 955 (AED 3,500)	US$ 955 (AED 3,500)
Types of license issued	General Segments	University Segments (offer graduate courses)	University segments (offer both graduate and post graduate courses)
License fee	US$ 4,091 (AED 15,000)	US$ 13,635 (AED 50,000)	US$ 27,270 (AED 100,000)
Business Segments	Education partners, International universities, Management development centre, online academic institutions, Academic Service Provider, Learning provider, HRD centre, Professional Training Centre, Innovation centers Testing centre etc.
Visas	Depends on the size of the space leased. Executive offices is eligible for maximum 3-4 visas.
formation time	30 days.
Other info	Entity operating in open office / executive office / Executive suite required to pay a joining fee of US$ 1,364 (AED 5,000) and a refundable security deposit of US$ 1,364 (AED 5,000) / US$ 2,728 (AED 10,000) / US$ 4,091 (AED 15,000) respectively. Freelance permit allows an individual to operate as a sole practitioner and enables him to is US$ 2,182 (AED 8,000) which includes fee for processing residence visa. Academic institute license is provided to the Branch of reputed and ranked international universities and colleges. Academic institute license is provided after determining if the program provided by the institute is top ranked program in their respective country and if responsible for the curriculum, faculty, examinations and administration of the campus. The application for the Academic Institute license should be accompanied by an academic plan. An Academic institute is eligible to apply for the student visa. Student visa holder is not eligible to work. In case a student is found working while on being on a student visa, the university h would be held liable for the student's action.
	* Capital amount shown above is only minimum indicative figure and can vary according to project outlay.