Dubai International Academic City (DIAC)

Dubai, United Arab Emirates

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Official Name:

Dubai International Academic City (DIAC)

Website:

http://www.diacedu.ae/

City:

Dubai

Country:

United Arab Emirates

Share Capital:

50,000 AED / 13,605 USD Paid upfront

Office Requirements:

Flexi

PO Box:

Unconfirmed

Services (includes consultancy, etc.):

Yes

Trading (includes trading activity):

No

General Trading:

No

Audited Financial Reports:

Yes

Industry Focus:

Regional and international colleges and universities.

Cost of Setup:

15,000 AED / 4,082 USD

Starting Cost of Renewals:

15,000 AED / 4,082 USD

Visa Types

Type:

Residency

Time Duration:

3 years


Visa Time Duration Before Renewal Required:

Minimum Number of Visas Possible:

1

Maximum Number of Visas Possible:

Maximum Number of Shareholders:

Freelancer Option:

Yes

Office Presence is Mandatory:

Yes

Documents Required to Setup a Company :

  • Application form for the License.
  • Business Plan.
  • Valid passport copy(s) of: Shareholders of the proposed company, Manager of the proposed company, Director(s) of the proposed company, The legal representative (if appointed).

SUMMARY :

Dubai International Academic City is the world’s largest free zone dedicated to higher education and the pursuit of intellectual growth. Launched in April 2007, DIAC was created to cater to Dubai’s growing and diverse community of academics. Today, the free zone is home to many local and international colleges and universities, serving over 24,000 studies from every corner of the world. In the ten years since it opened, DIAC has expanded to offer over 400 undergraduate and post-graduate programmes.

As well as welcoming the formation of new FZ-LLCs, Dubai International Academic City is also open to branches of existing businesses – both local and international – and solo-entrepreneurs and freelancers. Along with its world-class academic facilities, DIAC also boasts a multitude of retail outlets and a large food court with multiple cafes and restaurants, including Starbucks and Costa.

DIACs strategic location is another factor in its appeal. Located on the junction of the E66 and E611, the free zone is within easy reach of downtown Dubai and Dubai International Airport. DIAC also benefits from excellent public transport links, situated as it is on a major RTA bus route.