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

Other Recent Blogs

Basics of VAT Registration in Saudi Arabia

Basics of VAT Registration in Saudi Arabia

Starting and Operating a Business in Saudi Arabia Makes Good Sens If youโ€™re a foreign business entrepreneur or investor whoโ€™s thinking about setting up a shop in Saudi Arabia, thatโ€™s a smart move. Why choose the KSA? Saudi Arabia has the largest free-market economy...

Tips for Business Setup in Saudi Arabia

Tips for Business Setup in Saudi Arabia

Company Formation in Saudi Arabia Is a Smart Idea Are you an entrepreneur whoโ€™s interested in starting a foreign-owned business in the Middle East? Youโ€™re certainly not alone. Business investors are entering the markets of Dubai and Abu Dhabi in droves, and theyโ€™re...

Why Set Up Your Company in the SHAMS Free Zone?

Why Set Up Your Company in the SHAMS Free Zone?

The SHAMS Free Zone Dubai is a bustling hub of business and innovation that has attracted entrepreneurs and investors from all corners of the world. With its welcoming business environment and thriving economy, it's no surprise that Dubai is a top choice for both...

Subscribe to Our Newsletter

We’ll keep you updated on the latest trends and news

Translate ยป
WhatsApp WhatsApp us