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The Dubai International Academic City is the world’s only Free Zone dedicated to higher education. Established by TECOM investments in 2007, the aim of DIAC is to develop the talent pool and create and nurture UAE’s knowledge-based economy. DIAC aims to create a hub for development for communications, skills, and other soft skills.
Benefits of establishing businesses in DIAC- 100% foreign ownership
- 100% income and corporate tax-free
- 100% repatriation of profits
- Easy visa acquisition for students, staff, and faculty
Types of companies allowed for incorporation
Types of companies allowed for incorporation
You can form:
- Freezone Limited Liability Company (FZ-LLC)
- Branch of a foreign or UAE company
- Freelancer
Activities permitted in DIAC:
- Higher Education
- Online University
- Educational Service
- Educational Service
- Non-Academic Service
- Freelancing
- Boarding School and General Activities
Highlights
Here are the key highlights of establishing a company in DIAC
- Get tax exemption for 50 years, including personal, corporate, and income tax
- Get access to skilled employees
- Easy application process
- 100% repatriation of funds
- Great amenities and living standards
The DIAC is a great place for the nurture of students. Establish your business here and get great returns.