Argumento y estructura

City (DIAC), the World’s only Free Zone dedicated to international higher education. Located in Dubai Academic City, DIAC will serve as the regional base for premier international higher education institutions. Spread across an area of 25 million square feet, the DIAC campus provides an intellectually inspiring environment for students and faculty. Dubai Academic City already houses seven universities. DIAC will only house international universities separating them from other public colleges and institutions in the area. The project is expected to be completed in the next five to seven years according to business projections and will have very stringent selection criteria for approving licenses of colleges.

This thriving knowledge community was founded as part of a long-term economic strategy to develop the region’s talent pool, to accelerate its move into a knowledge

Facility Size Cost in AED per annum

Open offices (furnished) No space restrictions 15,000 per desk (upto 6 months) Closed office /Exec temp Offices Varies 32,000 - 35,000 (upto 6 months) Commercial office (unfurnished) No space limit 200 sq.ft

Retail Offices Various sizes 200 per sq.ft onwards

Registration Fee one time (FZ-LLC) AED 3,500 Registration Fee one time (Branch) AED 3,500

Type of License Cost in AED per annum

University segment 50,000 - 100,000

School segment 300,000

Boarding School 100,000

General segment 15,000

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economy. Benefits for DIAC investors include 100% foreign ownership, 100% tax free, 100% repatriation of profits. There are currently many international universities of higher learning from diverse regions including Australia, India, Pakistan, Iran, Russia, Belgium, UK and Ireland operating out of DIAC, however the authority expects to further house 25 international universities to cater to more than 30,000 students in the future.

These institutions offer programs that range in duration from one year to four years. Major academic programs on offer include engineering, computer science, fashion and design, biotechnology, environmental studies, quality management and business management programs.

The selection of international universities depends on a number of criteria including university ranking, strength and programmes that correspond to the UAE’s industry needs. DIAC will be spread across an area of 25 million square feet. There will be areas dedicated to the international education zone, research and development centres, sports facilities, student unions and student and faculty accommodations.

However currently there is no mandate for the international universities based in DKV to move to the DIAC. The set-up in DKV is not as appropriate for the universities that need to expand as DKV will focus more on house training and human resources companies. At DIAC universities have the option of either building their own campus or moving into the ready-made buildings .

Features

• Government support services.

• Wellness centres, dining facilities and entertainment venues including movie theatres, gaming centres etc.

• Student Accommodation • Sports centres

• Multimedia library and other common facilities.

• Type of company activities include Universities, colleges, sports facility management, library management, accommodation service provider, academic support services, etc.

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Form of registration

As a branch of a foreign company - no minimum capital required. As a branch of a UAE company - no minimum capital required.

As a Free Zone Limited Liability Company (FZ-LLC) - minimum share capital varies and depends on the authorities after review of the business plan.

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Facility costs and type of licenses

• These figures are indicative and subject to change.

DUBAI OUTSOURCE ZONE (DOZ) - Tecom

Dubai Outsource Zone is the World’s first Free Zone dedicated to the outsourcing industry. Dubai Outsource Zone (DOZ) provides a comprehensive infrastructure and environment for outsourcing companies to set up global or regional hubs servicing the worldwide market. DOZ is yet another initiative of Dubai Technology and Media Free Zone. Dubai Outsource Zone is an initiative of Dubai Internet City, the state-of-the-art global hub within Dubai. It is the perfect base for companies that provide mid- to high-end IT and business processes outsourcing (BPO) services. Some of the key sectors covered are finance, accounting, IT, payroll processing, graphic design, engineering, biotech, R&D and design. It also serves as a centre for disaster recovery facilities for call centres located offshore elsewhere in the world. The Zone caters to offshore requirements from Europe, USA, the Middle East, Asia and Africa.

Facility Size Cost in AED per annum

Offices 18,000 - 20,000 sq.ft 145 - 180 per sq.ft

Land 250,000 sq.ft onwards 20 - 30 per sq.ft

Registration Fee one time (FZ-LLC) AED 3,500 Registration Fee one time (Branch) AED 3,500

Type of License Cost in AED per annum

University segment 50,000 - 100,000

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DOZ provides a custom made infrastructure to enable outsourcing companies to set up efficient operations as well as support their development. The package of telecom services include reliable and redundant high-bandwidth connectivity, IP telephony, automatic call distribution (ACD), interactive voice response (IVR) and predictive dialing systems, satellite communication services as well as technical and infrastructure support. These facilities form part of a plug-and-play infrastructure which helps offshore service providers start operations quickly with minimal upfront investment.

Features

• 100 percent exemption from taxes

• 100 percent repatriation of capital and profits

• Host of support Services to eliminate problems faced by outsourcing companies and to reduce operational hassles for outsourcing service providers. They include Speedy Incorporation and Trade Licensing, Hospitality Services and Event Management Services, etc.

• Facilities to plug-and-play infrastructure which helps offshore service providers to start operations with minimal upfront investment.

Form of registration

• As a branch of a foreign company - no minimum capital required. • As a branch of a UAE company - no minimum capital required.

• As a Free Zone Limited Liability Company (FZ LLC) - minimum share capital AED 300,000.

Facility costs and type of license

• These figures are indicative and subject to change.

Facility Size Cost in AED per annum

Offices Varies 1,500 sq.ft 160 - 200 per sq.ft

Registration Fee one time (FZ-LLC) AED 3,500 Registration Fee one time (Branch) AED 3,500

Type of License Cost in AED per annum

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ENERGY AND ENVIRONMENT PARK (Enpark) - Tecom

Energy and Environment Park (Enpark) is an initiative of Dubai Technology and Media Free Zone. Enpark is a Free Zone spanning over 8 million square feet of office, research centre, residential, educational and leisure facilities located next to the Dubai Police School, United Arab Emirates. Phase I of the ENPARK project is set to be completed by 2010.

Enpark is a special destination for clean energy and environmental technology companies to operate and a fully-integrated knowledge community that includes programs, services, partnerships and amenities to support the success of environment companies and their employees. Combining the unique assets of being at the heart of the international hub for the Region with the exclusive experience of a sustainable community, ENPARK’s ambition is to offer a world class sustainable lifestyle and build a sustainable culture.

The park proposes to create a comprehensive eco-friendly community while ensuring a high level of welfare and quality of living for residents and workers. ENPARK will work with leading energy and environment companies to ensure best practices and policies are implemented in every element in the design and construction of the park.

ENPARK will have renewable and efficient water utilities, as well as clean and efficient transportation facilities as part of its infrastructure. Intelligent building systems, including energy management control, renewable energy production monitoring, fire alarm monitoring and security systems, will be a feature of the park.

The park also emphasizes on Clean vehicle technologies (retrofit/showcases), circulation within the zone will be dedicated to green cars certification standards, fully pedestrian friendly area renewable and efficient utilities: water conservation and reclamation, gas/hydrogen infrastructure. Efficient power, water and cooling infrastructure augmented by renewable energy as well as advanced waste processing and recycling. Fully Green Buildings park featuring state-of-the-art telecommunication infrastructure for this self-contained and self-sustaining community.

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Features

• 100% tax free

• 100% foreign ownership • No corporate tax

• No income tax for 50 years • No custom duty

• Full currency convertibility

• Hassle-free company laws and legal framework

Form of registration

• As a branch of a foreign company - no minimum capital required. • As a branch of a UAE company - no minimum capital required.

• As a Free Zone Limited Liability Company (FZ LLC) - minimum share capital is AED 300,000.

Facility costs and type of license

• These figures are indicative and subject to change.

DUBAI BIOTECHNOLOGY AND RESEARCH PARK