Dubai International Academic City (DIAC)
If you were thinking about setting up a business in Dubai International Academic City, you should know that DIAC is the world’s largest free zone dedicated to higher education and the pursuit of intellectual growth.
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Dubai Academic City - DIAC Business Setup
Launched in April 2007, Dubai Academic City or DIAC was designed to cater to the needs of the region’s growing and diverse academic community. Home to numerous regional and international colleges and universities, it serves over 24,000 students from all around the world. With more than 400 undergraduate and post-graduate programmes currently offered to students, DIAC continues to expand and grow as per the needs of its robust and talented academic community.
The benefits of business setup in Dubai International Academic City are:
- 100% foreign ownership.
- 100% Freedom from taxes.
- 100% Repatriation of profits.
- Effortless visa issuance procedures for students, staffs and faculties.
Company formation types in DIAC
Free Zone Limited Liability Company (FZ-LLC)
This is a company formed as an independent legal entity with its own shareholders. The minimum capital requirement for incorporation depends on the business activity.
Branch of a Foreign/UAE Company
A branch is considered a legally dependent part of its parent company, even if its place of business is not in the main company’s headquarters. (No minimum capital required).
Freelancer
The Freelance permit offers the ability to operate as a freelance professional The permit identifies you as a sole practitioner It enables you to conduct your business in your birth name as opposed to a brand name.
Our experience in setting up companies in Dubai International Academic City (DIAC)
A professional firm with regional focus and having global representation, UAE Free Zones spectrum of services covers all aspects of doing business in the UAE. Founded in 2001, we have been known for giving consistent, flexible and personal consultations for our clients.
Wwe offer comprehensive services for doing business in the Middle East in all the Free Trade Zones, including offshore company formation. We have already rendered our assistance to more than 1000 companies to set up their operations in UAE.
We have a team of professional business consultants that guide our clients at every step in the company formation at DIAC. Contact us now to set up a DIAC company!
