COMPANY FORMATION & REGISTRATION
Dubai International Academic City (DIAC)
Setup Business in Dubai Academic City : DIAC is considered to be the biggest free zone in the world providing adequate and advanced support to help people to pursue intellectual growth and higher education.
It was launched successfully in the year April 2007 and designed to serve the needs of the diverse and growing academic community of the region. Since its launch, there have been established several international and regional universities and colleges catering to over 24,000 students coming from different parts of the world. Students are offered with over 400 undergraduate & post-graduate programs. DIAC expands and grows according to the requirements of its talented and robust academic community.
Company formation types:
- Free Zone Limited Liability Company (FZ-LLC)
This independent legal entity has been formed with its own shareholders. The minimum amount of capital that will be required for incorporation purpose will depend upon its business activities. - Branch of a Foreign/UAE Company
The branch is termed to be legally dependent upon its parent company, although the main headquarters of the company might not be based here. (Minimum capital not required). - Freelancer
Freelance permit is designed for freelance professionals. It views you as the sole practitioner and allows you to do business with your birth name and not as brand name.
Business advantages in DIAC:
- 100% foreign ownership.
- 100% Freedom from taxes.
- 100% Repatriation of profits.
- Effortless visa and issuance procedures for students, staffs and faculties.
Free-Zone Has Its Own Benefits
Listed below are Benefits of Registering Your Business in Free Zone
- 100% foreign ownership
- Tax benefits
- Duty free
- Low operational cost
- Low freight charges
- Abundant & inexpensive energy
- Exemption from all import and export duties
- Freedom to recruit expatriates
- Freehold offices available on sale or lease
- Readymade offices, factories & warehouses
- Free transfer of funds and no foreign exchange control
Why Black Swan ?
Black Swan Will Help You In Not Only Every Step Of Your Business Setup But Also In Continuing Business:
- Taking the trade name approval.
- Initial or security approval.
- Preparing Memorandums.
- Bank Account assistance.
- Court Notarisation of memorandums, POA and other documents.
- License issuance
- Establishment Card.
- Visa's
- Any external approvals if required.
- Final Submission.