Dubai International Academic City (DIAC) is the world’s largest free zone devoted to advanced education and the pursuit of intellectual development. Propelled in April 2007, DIAC was designed to take into account the needs of the area’s developing and diverse academic community.
Home to numerous territorial and international colleges and universities, it serves more than 24,000 students from all around the globe. With in excess of 400 undergrad and post-graduate programs as of now offered to students, DIAC continues to extend and develop according to the needs of its robust and capable academic community.
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Benefits of Company Setup in Dubai International Academic City
- 100% outside ownership.
- 100% Freedom from taxes.
- 100% Repatriation of profits.
- Effortless visa issuance procedures for students, staffs and faculties.
- Ideal academic and business environment!
- Communication infrastructure based.
- Updated with next-generation technologies.
Procedure to Start a Company in Dubai International Academic City
To start a company in Dubai International Academic City, a company is required to get approval from Dubai Technology and Media Free Zone Authority.
Companies seeking business arrangement in Dubai Academic City can apply for licenses like educational service support, expressive arts training, tyke skills development, training, and numerous others based on the activities of the business.
- Register your trade name with the registry and obtain a Certificate of Registration
- Fill in an application form and submit to receive an initial approval
- Submit the required documents for company registration in DIAC
- Draft and sign a Memorandum of Association
- Deposit a share capital after opening a business bank account
- Sign the lease and personnel sponsorship agreement
For a constrained liability company, the base share capital point of confinement is AED 50,000, however on account of a branch; there is no base farthest point.
To set up a business in DIAC, one has to get a legitimate license. Also, a company registered in a free zone is not required to submit a review report to the free zone authorities.
You can have approached a business consultant so that you can focus solely on the business intricacies of your company. Our business setup services from Dubai are cost-powerful and exceptionally trusted in the district.
Documents Required for Company Setup in Dubai International Academic City
- Trade name certificate
- Application for registering the company
- Board resolution
- Passport copy and specimen signature of the director, manager, and shareholders of the company
- Original Memorandum and Articles of Association
- No-Objection Certificate from the residency visa sponsor
- Proof of share capital
- Registration and license fee
Why choose Company Setup Consultants?
We at Company Setup are your one-stop-solution for business licensing, registration, immigration, and establishment needs. On the off chance that you are intending to set up business in Dubai International Academic City, do get in touch with us, regardless of whether it’s for a bit of well-disposed counsel!
For further information and assistance on how to Company Setup In Dubai International Academic City. To Speak with our Experienced Business Consultants for further information and assistance, call us at +971582595164. Send a WhatsApp Message for Chat Query on +971 582595164 or email us at info@companysetup.ae.
