Business Setup In Dubai Healthcare City (DHCC)
Business Formation in Dubai Healthcare City (DHCC)
Due to a favorable business climate and a rapidly developing system of healthcare innovation, Dubai has become an attractive place to start companies and businesses connected to healthcare. For both entrepreneurs and healthcare providers, healthcare businesses in the free zone that is Dubai Healthcare City (DHCC) present an opportunity like no other. As attractive as it may sound to set up a healthcare company in Dubai Healthcare City, plans need to be made well ahead of time, and provision needs to be made according to the laws of the region. Therefore, if you intend to have a healthcare business setup in Dubai, companies such as FAR Consulting Middle East will help you to understand how to start a healthcare business in Dubai Healthcare City.
Why we should consider a healthcare business set up in Dubai Healthcare City
DHCC is a free zone established in 2002 aiming at enhancing the delivery of healthcare in the United Arab Emirates. Health care services include clinic health, hospitals, specialty, medical centers, and wellness centers, and over 400 facilities are available in the area. The Dubai Healthcare City (DHCC) Authority which governs, is a free zone and provides ease in organizational and commercial activities and registration and licensing.
The following are the benefits that DHCC affords to Health care Business setup in Dubai:
- Completely foreign ownership
- No personal tax
- 0% corporate tax if all legal criteria are met
- Numerous healthcare and medical licenses are available.
- Modern facilities
- Complete capital and profit repatriation
- 50-year exemption from business, income, and personal taxes is guaranteed.
- Customs duty exemption for products and services
- No quotas, trade obstacles, or capital constraints
- Low operational costs and competitive pricing
- Networking opportunities with local and foreign medical experts
- Alluring investment prospects and monetary gains
- Capacity to buy or rent a clinic space
- Coverage of the whole value chain for health professionals
direct access to a worldwide network of healthcare professionals and the highest caliber medical devices and equipment.
Request A Proposal
Following industries you can setup in DHCC
We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.
Benefits of Business Setup in Dubai Health Care City
Investors from different countries in the world find that business setup in Dubai free zones is a good investment and a good way for business expansion. Business owners who have the idea to have a business setup company in Dubai in DHC can definitely be sure that their businesses’ requirements will be met by the facilities and solutions of this location.
DHC offers a number of Dubai free zone benefits. The advantages that are being enjoyed by Dubai freezone companies in this location are listed below:
- 100% foreign ownership
- Zero tax
- Competitive pricing
- Clinic lease/purchase options
- No restrictions on capital, trade barriers, or quotas
- No customs duty
Documents Required for Dubai Healthcare Free Zone
Requirements for DIFC Company Registration
- Application form (our firm’s task)
- Letter of Intent (our firm’s task)
- Your existing company brochure (if available)
- Annual financial report or shareholder(s)’ 6-month bank statement (not applicable for new registration)
- Copy of the manager’s passport and CV
- Copy of shareholder(s)’ passport and CV
- Original (not a copy) bank reference letter (for each shareholder)
- No objection letter by the current sponsor, for the manager (if a resident of UAE and a UAE employment visa-holder)
- Initial approval(s) from the third authority(s) in case your business activities required such approvals, e.g., media, IT, pharmaceutical
- Business plan (we offer business-plan-writing services)
- A legal representative (negotiator)
Additional Documents Required for a Corporate Shareholder and for Branch
- Attested and notarized Memorandum of Association/Article of Association—it must be attested from the UAE Embassy at the place of origin.
- Board resolution to be resolute by the board of directors of your existing company/entity at the place of origin, expressing intent of establishing a new setup abroad—it must be attested and notarized by the UAE Embassy (template will be forwarded by our firm).
- Certificate of registration (if applicable) of your existing company/entity, license, or certificate of incorporation of your existing company/entity attested and notarized by the UAE Embassy
After your application is approved, the authority will issue an initial approval for your business. The next steps that will be taken are as follows:
- Choose a ready-fitted office space from (DHCC) selection that’s the most appropriate size and layout for your business requirements
- Or decide whether you’ll require DHCC-regulated contractors for fit-out service for your office or if you’ll be doing that independently
Then, once the office is finalized, the following steps will be taken:
- Lease agreement will be prepared
- Office keys can be collected
After that, we will start the preparation of the legal documents.
The procedure of processing your business setup in International Media Production Zone Dubai will range from 2 to 4 weeks
Support Services Offered in DHCC
FAR Consulting Middle East is one of the leading consulting companies in Dubai that deal with corporate business services Dubai. We assist people who have questions on how to open a business in Dubai.
We can provide the following services when you let us handle your affairs when it comes to company setup in Dubai:
- Applying and following up on behalf of the client until the collection of the Certificate of Business Registration (Trade License)
- Representing the client in front of the authorities
- Assisting the client in bank account opening
- Assisting the client in account opening with the Ministry of Labour
- Assisting the client in account opening with the UAE immigration
- Assisting the client in leasing a premise as an address for the business
Business Setup Cost in Dubai Healthcare City (DHCC)
The healthcare business license in DHCC depends on the type of business, location, size and the technology and medical equipment for which the license is being applied for.
Typical upfront setup expenses consist of:• License payments range from about AED 15,000 to AED 50,000 each year depending upon the type of license that is being applied for and the number of visa quota that is needed.
• Renting an office or clinic varies depending on its size and location.
• Competitive pay for staff members based on specialization.
• Regulatory fees for inspections and certifications.