Dubai International Academic City: Business Setup in DIAC

Dubai International Academic City

Dubai International Academic City (DIAC) is a free zone fully dedicated to higher education and intellectual growth. Launched in 2007, it significantly aims to fulfill the needs of the academic community. A plethora of regional as well as international colleges and universities are located here. There are over 27,000 students, and it offers more than 500 undergraduate and post-graduate programs. DIAC has 18 million sq ft. Campus with modern facilities.

Dubai International Academic City (DIAC) is most suitable for the following types of ventures: 

  • Academic institutions
  • Universities, including online universities
  • Non-academic institutions
  • Proprietors
  • Boarding schools
  • Consulting firms
  • Commercial developers
  • Insurance companies

Types of Licenses Available at Dubai International Academic City 

Following are the right DIAC Legal Structure


1. Free Zone Limited Liability Company:

A free zone limited liability company indeed has an independent legal status. It is required, in particular, to have at least one director to form an FZ-LLC.

2. Branch Office of a UAE Company:

Generally, the branch office of a UAE Company does not have a separate legal identity, nor does it conduct operations of the parent company’s business.

3. Branch Office of a Foreign Company:

The branch office of a foreign company has no minimum share capital prerequisites; it is certainly 51% locally owned.

4. Freelance Permit:

In particular, the freelance permit gives an individual the liberty to operate as a freelance professional.


The Benefits of Business Setup in Dubai International Academic City

Why set up a business at DIAC


NR Doshi & Partners has a specialization in the different areas of Business Setup Services in Dubai. These services can be rendered in all the different formation areas such as offshore company formation in Dubai, mainland company formation in Dubai, Freezone Company Setup in Dubai, and also in LLC Company Formation in Dubai.

  • 100% foreign ownership.
  • 100% repatriation of profits.
  • Complete freedom from taxes.
  • Free of all import as well as export duties.
  • Operational costs are very low.
  • Availability of offices, factories, as well as warehouses.
  • Ease in obtaining a visa for students, staff, and faculties.

Process of Business Set-up in Dubai International Academic City

Following are the Step-by-step DIAC Business setup procedures


Step 1: Submission of Application

Step 2: Submission of Documents as well as the Necessary Payment

Step 3: Signature as well as Collection


Documents Required For Business Setup in Dubai International Academic City

  • Firstly, the License Application form
  • Secondly, the Registration Application Form
  • Thirdly, Business Plan
  • Fourthly, A copy of the Certificate of Incorporation
  • Lastly, Valid copies of the passport and visas of the manager of the proposed company, directors of the proposed company, and the legal representatives (if any)

The Following Documents are to be Signed to Complete the Process

  • Firstly, Office Lease
  • Secondly, the Articles of Association
  • Thirdly, the Memorandum of Association
  • Fourthly, License
  • Lastly, the Certificate of Incorporation

Facilities Available in Dubai International Academic City

DIAC Advantage


1. Land in Dubai International Academic City:

Different land options are provided to partners, including education, mixed-use, retail, and hotel plots, as well as student accommodation. The plots are significantly selected, keeping in mind the needs of educational institutions, accommodation, residential apartments, dormitory facilities, supermarkets, and shopping centers. 

2. Commercial Floor Space in Dubai International Academic City:

The space is particularly available for all entities that meet the license requirements. 

3. Business Centre in Dubai International Academic City:

The Business Center offers a range of products and services, from hot desks to fully furnished complete office environments. 

  • Hot Desk
    A Hot desk is a shared office desk, and more than one individual can use it. It is perfect for freelancers looking for a space to complete office work such as email, printing, browsing, and calling. Hot desk clients are also eligible for one visa per freelancer.
  • Executive Desk
    Executive Desks come with one desk, a chair, a storage pedestal, and a cabinet with a key. Moreover, each open office has a partition that runs from floor to shoulder height between the desks to provide privacy within such a shared environment. Executive Desk clients are also eligible for two visas per desk. The cabin size of a typical desk is approximately 100 sq. ft.
Executive Office (Type 1)Executive Office (Type 2)Fitted Out Commercial Space
An executive office comes with one executive desk, a chair, a storage cabinet, visitor chairs, and a pedestal. Further, the conventional office sizes range from 100 to 250 sq. ft.This Executive Suite offers a full-fledged furnished office environment within the Business Centre, including once executive table with chairs, a visitors couch, a storage cabinet, and a pedestal. Further, the typical desk cabin size is 281 sq. ft.A Fitted out Commercial Space offers the upper end of a business environment. Open areas fitted with desks, projectors, chairs, tables, and audio-visual systems are provided. Further, all the floors are fully carpeted and offer false ceilings with proper facilities like the Internet, telephone, IT services, and electricity.

Dubai International Academic City Academic Partners 

Academic partners of Dubai International Academic City


  • American University in the Emirates (AUE)
  • Institute of Management Technology, Dubai
  • Manchester Business School
  • S P Jain School of Global Management
  • Manipal University, Dubai
  • BITS Pilani University, Dubai
  • Hult International Business School
  • Amity University, Dubai
  • Abu Dhabi University
  • University of Birmingham, Dubai

Frequently Asked Questions 

DIAC


1. Is there any corporate, personal, or withholding tax applicable to companies formed in DIAC? 

No, there is indeed no corporate, personal, or withholding tax applicable to companies formed in DIAC.

2. Is 100% foreign ownership permitted for businesses set up in DIAC? 

Yes. 100% foreign ownership is significantly permitted for companies registered in DIAC. 

3. Is there freedom to recruit expatriates? 

Yes, a DIAC company can recruit anyone, and there is no restriction on hiring expatriates.



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