Due to its easy visa processes, an abundance of reputable universities, affordable travel expenses, and cultural familiarity for regional students, the UAE has emerged as a particularly appealing destination for international students. In its efforts to draw international branch campuses and create self-sustaining education and training campuses, Dubai has been one of the most active regions globally in attracting international branch campuses and fostering education-focused free zones. According to earlier UNESCO reports, the UAE has surpassed the UK to become the third most popular education destination for Middle Eastern students, following the US and France
Reyson Badger is the best auditor in Dubai International Academic City. We have been providing audit services to businesses and organizations in this city for more than 15 years now. Our experts know how to get the most out of audits. Reyson Badger is a professional organization that prides itself on its high standards of quality work.
Dubai International Academic City (DIAC) is a specialized free zone dedicated to higher education and learning, developed and managed by TECOM Group under the jurisdiction of the Dubai Development Authority (DDA). DIAC, which was founded in 2007, is also known colloquially as Academic City. It spans over 18 million square feet, housing numerous universities, training institutes, and innovation centers.
Currently, Dubai International Academic City offers over 500 bachelor, master, and doctoral programs in business, engineering, general sciences, humanities, management, medical sciences, and technology to an international community of over 150 countries, with a student body of 27,500 and growing. While the costs of providing programs at DIAC, including rent, are borne by the institution, Campuses retain 100% ownership and can fully repatriate profits free of taxes and customs duties.
American University, British University, Amity University, University of Birmingham, HULT International Business School, Heriot-Watt Universiy, University of Wollongong, Murdoch University, BITS Pilani, Middlesex University, and The University of Manchester - Manchester Business School are some of the universities that offer MBA programs.
The integrated infrastructure and supportive environment of Dubai International Academic City have made it the region's most sought-after academic hub.
DIAC provides business licenses to the following types of businesses:
The corporate tax law will apply to all companies registered in the UAE, including free zones. The UAE Corporate tax will be implemented for businesses in the UAE for the fiscal year beginning on or after 1 June 2023.
As long as they abide by all free zone rules and regulations and don't conduct any business with mainland firms, corporate tax will be levied at 0% on the taxable income (adjusted net profit) of businesses operating in the free zones; otherwise, 9% corporate tax may be applied to taxable income (adjusted net profit) over AED 375,000. To take advantage of the zero percent UAE corporate tax benefit, businesses in the free zones must ensure that they are adhering to all free zone regulations and are not transacting business with mainland entities.
The process of company formation and company liquidation are areas of expertise for the team of Reyson Badger. Serving the customers is what we are most passionate about, and we strive for complete customer satisfaction. We are registered auditors with the Ministry of Economy in the United Arab Emirates, and we are also registered tax agents with the Federal Tax Agency in Dubai. We offer specialized audit, accounting, and tax services, as well as various business advisory services that adhere to regulatory standards.
Reach out to us for a hassle-free journey in Dubai, United Arab Emirates. The legal processes associated with registering and de-registering your business in Dubai International Academic City will be handled for you by Reyson Badger.