“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 |