OUR BUSINESS PARTNERS

Sponsorships regulations

Dubai Knowledge Village ensures hassle-free, single-window completion of formalities for Business Partners. This includes the issuance of ID cards, Health Card, Entry Permit, Residency Permit, Visit Visa, Visa Extensions and Renewals, Entry and Residency Permits for dependents and maids.

All persons sponsored by The Business Centre are charged an Annual Membership Fee, which includes the residency visa. The Annual Membership Fee applicable is Dhs 1,350/- per person payable on the anniversary of the residence visa issuance.

 

Business Owners :

Shareholders in Dubai Knowledge Village registered companies qualify for  sponsorship at the KV Business Centre so long as they are working for the company. To clarify , merely holding shares in a FZ LLC does not automatically qualify you for sponsorship. The annual sponsorship charge is Dhs 1,350/- per person.

 

Employees :

Partners operating from the KV Business Centre are entitled to hire personnel to assist them in the running of their business. The number of employees allowed depends on office type and size. The cost of employee sponsorship also varies. Ladies working in the zone who are on their father or husband’s sponsorship may apply for a Non–Sponsored Staff ID Card and count towards total allotment of employees. The Employee Sponsorship fee is an annual charge.

 

Documents required for sponsorship :

  • Personnel Sponsorship Agreement
  • Employment contract
  • Entry permit application form
  • Passport copy
  • Copy of degree for managerial staff
  • Bank guarantee of Dhs 2,500.00
  • Cancellation document of current visa (if applicable)