Freezones Dubai International Academic City
Type
Questions and Answers
Date
29 Nov 2023
Source
Freezones Practical Guidance
Jurisdiction
Dubai International Academic City
Taxonomy
Freezone General, Companies & Corporate Bodies
What law established this freezone?>>🔗
This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. Under the directives of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE, Ruler of Dubai, the Knowledge and Human Development Authority was established by Dubai Decree No. 30/2006. It was established in 2007.
What are the main internal regulations governing this freezone?>>🔗
The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free Zone Companies Regulations 2003.
In 2016, the Dubai Creative Clusters Private Companies Regulations were issued to replace the 2003 Regulations.
Does this freezone have any reciprocal arrangements with other freezones?>>🔗
There are presently no arrangements between this freezone and other freezone areas. However, it is now much easier to transfer a visa to and from the Dubai Multi Commodities Centre.