Dubai - TECOM

Dubai International Academic City (DIAC)

“Dubai International Academic City (DIAC) is the world’s largest Free Zone dedicated to Higher Education. It aims to develop the region’s talent pool and establish the UAE as a knowledge- based economy. DIAC houses several multi-tiered International Branch Campuses on its 18 million sq. ft. campus with state-of-the-art modern facilities. It is a host to a community of over 20,000 students from 125 nationalities and over 400 Higher Education programmes.”

 Factor Description
Established in 2007
Number of companies Over 100
Industry focus Higher Education
Limited liability company Yes
Minimum number of shareholder 1
Minimum number of director 1
Corporate shareholder allowed Yes
Corporate director allowed No
Public register of shareholder and director No
Access to UAE Double Taxation Treaties Yes
Port of Free zone No
Allowed to import export goods Yes
Commercial offices Available as commercial offices, food courts and retail stores.
Industrial premises No
Warehousing facility No
Accommodation facilities Accommodation facility for students
Prominent companies at Free zone Dubai Aviation College, French Fashion University, Indian Institute of Management Indore, S P Jain Center of
Management, Michigan State University
Location of directors and shareholders meeting Anywhere
Residency visa issued Yes
100% Foreign ownership permitted Yes
100% Repatriation of capital and profits Yes
Corporate, personal and withholding tax Nil
Language English
Standard currency of Capital UAE Dirhams

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