Dubai International Academic City (DIAC), the world’s largest free zone dedicated to higher education, aims to develop the region’s talent pool and establish the UAE as a knowledge-based economy
As the premier destination for higher education in the Middle East, Dubai International Academic City (DIAC) [http://www.diacedu.ae/become-a-partner/why-diac], is located on a campus spanning 18 million square feet with state-of-the-art facilities and knowledge leaders.
It has a selection of multi-tiered international branch campuses from 10 nationalities, and is host to a community of over 24,000 students of 145 nationalities who have access to over 400 higher education programs.
Here’s a snapshot of the benefits of starting a business here:
• 100% foreign ownership; full repatriation of profits and capital; 100% tax free; guaranteed 50-year exemption from personal, income and corporate taxes; exemption from customs duty for goods and services
• A unique cluster environment where businesses across the industry value chain share a work campus dedicated to their industry, and can interact and collaborate effectively; communities that are anchored by leading global, regional and local names in the industry; state of the art technical and community infrastructure to support and foster the growth of the cluster
• Simple and streamlined company registration; business-friendly company laws and legal framework; one-stop shop services that provide business partners with licensing, traffic and postal services; 24-hour visa service; quick access to knowledge workers due to fast-track immigration process