Overview
The region’s expanding and diversified academic community was the focus of the creation of Dubai Academic City, or DIAC, which opened its doors in April 2007. Over 24,000 students from all over the world are served by the several regional and international colleges and institutions that call this place home. The DIAC presently offers more than 400 undergraduate and graduate programs, but it is constantly growing to meet the demands of its strong and brilliant academic community. The largest free zone in the world dedicated to higher education and the pursuit of intellectual advancement is called Dubai International Academic City, or DIAC. In response to the demands of its vibrant and gifted academic community, DIAC is growing and expanding.
Benefits of setting up a business in (DIAC)
Activities permitted
Consulting firms
Insurance Companies
Sole traders
Boarding and branch schools
Universities including online universities
Academic and non-academic service providers
Educational service providers
Types of company formation
This business was established as a separate legal person with its own shareholders. The type of company activity will determine the minimum capital necessary for formation.
Even though a branch's place of operation is not at the main company's headquarters, it is nevertheless regarded as a legally dependent component of the parent organization. There is no minimum capital requirement.
The opportunity to work as a freelance professional is provided by the Freelance permit. You are listed as a lone practitioner on the permit. It allows you to operate your business using your own name rather than a brand identity.
