Dubai International Academic City (DIAC)

 

Dubai International Academic City (DIAC) was started in 2007 to cater to the needs of the regionโ€™s growing and diverse academic community. If you want to open a business in Dubai International Academic City (DIAC) then you have to get an approval from Dubai Technology and Media Free Zone Authority.

Following are the benefits of setting up a business in DIAC

  • 100% foreign ownership
  • 100% repatriation of capital and profits
  • A one-stop shop that provides governmental services
  • Ideal academic and also business environment for businesses and institutions
  • Presence of reputed global, regional, and also local academic institutions
  • Communication infrastructure based on next-generation technologies

Types of Entities

  • Free Zone Limited Liability Company (FZ-LLC)
  • Branch of a local/foreign company
  • Freelancer

Following are the permitted business activities in DIAC

  • Higher education
  • Online University
  • Educational services
  • Non-academic services
  • Freelancing
  • Branch school
  • Boarding school and general activities

Following are the required documentsย  to set up a business in DIAC

  • Application form
  • Business plan and also the details of the shareholder’s
  • Original Memorandum of Association and also Articles of Association
  • Board resolution (attested and notarized)
  • Passport copy and visa copies of the manager and also the director’s
  • No-Objection Certificate (NOC) from the sponsor
  • Proof of share capital
  • Registration fee and also license fee

For furthermore information, Contact us: +971 52 544 1248

Find out how much it cost you to setup your Dream Business

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