Dubai Healthcare City License, Company Set up in DHCC
Company setup in Dubai Healthcare City free zone provides an opportunity to join a world-class healthcare community. Get Dubai Healthcare City license in just a few days, with Shuraa.
Dubai Healthcare City (DHCC) free zone is a healthcare community that is built in the heart of the city. This is also the world’s largest healthcare free zone.
DHCC free zone mainly consists of hospitals, wellness centres, medical institutes, and also many other facilities. DHCC plans to be an area for mixed development targeting quality healthcare as well as wellness with luxurious hotels and apartments.
It is also scheduled to promote healthcare related educational organisations. Dubai Healthcare City comprises a community of medical tourists, students as well as residents.
In 2014, the Medical Tourism Destination Index (MTDI) ranked Dubai 17th spot in the world for medical tourism. Nevertheless, with enormous emphasis given to the medical sector, Dubai intends to position itself within the top 15 destinations.
The city also seeks to create new market trends amid the healthcare industry. Backed by the Dubai government, the DHCC free zone has been recognized as a global medical tourism hub.
Benefits of company setup in Dubai Healthcare City free zone
The Dubai Healthcare City promises high-quality, multi-use healthcare and wellness centres with suitability in the residential and commercial enterprises. Established in 2002, DHCC has become a hub for healthcare related businesses.
DHCC is the best place to start a free zone business setup in Dubai. The jurisdiction ensures the optimum land use to integrate the network of the UAE medical community. Some of the benefits of company formation in DHCC free zone include:
- 100% foreign ownership
- No personal, income, or corporate taxes
- Full repatriation of capital and profits
- Strategic location providing seamless connectivity
- Simple and quick set up process
- World-class infrastructure and facilities
- Business setup with multiple shareholders
- Bank account assistance
- Access to local and international healthcare professionals
- Low operating costs
- 24/7 security facilities
Legal structures permitted in DHCC free zone
- Free zone limited liability company
- Branch of foreign company
- Branch of UAE company establishment
Business setup process in DHCC free zone
The process of setting up a business in DHCC free zone involves the following steps:
- Submission of the application form
- Gaining prior approval from the relevant authority
- Submission of legal documents and payment of the required fee
- Issuance of e-agreement
- Sign e-agreement and share capital letter (FZCO)
- Issuance of e-license
Business activities permitted in DHCC free zone
There are various business activities permitted in Dubai Healthcare City free zone under two categories: Clinical and non-clinical activities. These activities under each category include:
Activities under clinical category:
- Clinical inpatient and outpatients (hospitals)
- Diagnostic centres and non-diagnostic medical labs
- Patient escort services
Activities under non-clinical category:
- Hotel services
- Events management
- Food and beverages
- Educational services
Dubai Healthcare City license
There are various licenses available at DHCC free zone including:
The cost of obtaining a license in the DHCC free zone starts at approximately AED 15,000.
DHCC free zone facilities
The various options of facilities for business setup include:
- Leasing solutions
- Clinical spaces
- Non-clinical (retail) spaces
- Business centre
- Executive desk
- Executive office
Dubai Healthcare City free zone license renewal
The renewal process of businesses in DHCC is a highly cost-effective and simple process. You will be required to submit an audit report starting from the second renewal of your company on an annual basis.
In order to complete the renewal process, you will need to pay the renewal fee and submit the signed lease agreement of your facility. An advantage is that your physical presence in the UAE is not required for renewal and can be completed through an agent.
Business liquidation in DHCC
Similar to renewal, company liquidation also does not need the physical presence of the owner and can be accomplished through an agent. You will be required to pay the government fee to complete the process of liquidation.
Company liquidation process takes about one month and involves the following steps:
- Cancellation of visas
- Termination of the lease agreement
- Closure of bank account
To find out more about various company formation options in Dubai Healthcare City free zone contact Shuraa – One of the best business setup companies in Dubai. Shuraa helps solve your business-related queries and offers you solutions best suited to your company formation in the UAE. Contact us on +971 44081900 or drop a WhatsApp message on +971 507775554. You can also email your query to email@example.com.
Frequently asked questions about Dubai Healthcare City Free Zone
Can my free zone company conduct business on mainland?
Free zone jurisdictions do not permit companies registered in their authorities to do business on mainland. Most trading companies in free zones are completely restricted from doing business on Dubai Mainland. However, certain professional activities are given leeway.
Can I renew my license without being in Dubai?
Yes, you can renew your license remotely using a registered agent with just an authorization letter and renewal fees.
How many days would it take to get my license for business in Dubai Healthcare City free zone?
It takes less than a week to get your license for starting your business in Dubai Healthcare City free zone.
Do I need to have a local partner to start my company?
No, you have 100 % ownership and do not require to have a local partner to start your company.
Can I transfer my company from one free zone to another in the UAE?
It is not possible to transfer your company from one free zone to another. You can, however, set up a branch of your existing company in a different free zone.
If you want to have your company in a different free zone, you will be required to liquidate your company in the current free zone and then open your company in a different free zone.