Business Setup In Dubai Healthcare City (DHCC)
Business Formation in Dubai Healthcare City (DHCC)
Dubai Healthcare City (DHCC) is a free zone that was established in 2002 and was designed for health and wellness. It is now recognized in the world as a place that has quality healthcare with a center for clinical and wellness services, medical education, and research and the International Society for Quality in Healthcare (ISQua) has accredited its quality standards. This Dubai free zone authority has two phases. Phase 1 is for healthcare and medical education. It is located at Oud Metha. Phase 2 is for wellness, and it is situated at the Dubai Creek. For simply the above-mentioned things, business setup in Dubai free zones is becoming a notable happening in the Dubai Healthcare free zone.
The number of partners of DHCC, which is composed of hospitals, medical centers, and diagnostic laboratories, is near 160. These partners are from more than 150 specialties. For businessmen who are planning a business setup in Dubai Health Care City, the legal form options are Free Zone LLC and Branch.
Business setup in Dubai Health Care City, like any other UAE free zones, is done through a systematic procedure that investors are expected to follow for a well-ordered processing for business formation in Dubai. It is not advisable to simply take business setup in Dubai lightly as it is not the kind of responsibility that is easily undertaken. Because of this, business setup consultants in Dubai are advised to be reached by your side as they will provide the information and advice that you need. Generally speaking, almost all Dubai freezone companies were established because of the help of consultants. It is, therefore, no surprise that besides the features that investors see in DHC, the success of company formation that happens there is a plus.
The role that business consultants in Dubai have in forming an organization is huge. They are the people that can provide the proper details about the business setup in Dubai free zones that can definitely guide you in making decisions.
As an example, it helps when an investor is aware of how much he’s going to spend on the establishment he’s planning to form. Therefore, having the figures on Dubai free zone company registration fees and Dubai free zone license cost can help create a budget plan that will serve as a guide on the amount that will be incurred in the first few months of the operation. This will also be the amount that will be targeted to be taken back while the business is growing. To have an even more detailed record and calculation, it is also helpful to know the Dubai free zone company setup cost.
Although they can answer any question that you throw to them, consultants do not merely exist to give you the details on Dubai free zone company formation cost or even to have a future reference about the documents required for trade license renewal in Dubai. Aside from helping you decide where to open a company in Dubai free zone, they will actually do the job for you. This is the main purpose of company formation consultants in Dubai. They are existing to ensure that your business setup in UAE free zones is taken care of and finish in the right timeframe.
It is therefore important to choose the right people for your side. With this, you can be sure to have your company established in a short time.
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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)
Dubai Health Care City is a common hub and free zone for businesses and institutions relating to the field of medicine. The free zone helps to promote and encourage new businesses to setup a medical institution by offering 100% foreign ownership in the free zone. The consultants of Farahat & Co can help with setting up a business in the desired free zone. The below fee table provides an estimation of the costs relating to business setup in the Health Care City. You may contact us for further information for business setup.
Cost for Business setup in Dubai Health Care City (DHCC)
Business Registration and Licensing Cost Fees Application Fee AED 3,100.00 Registration Fee AED 3,500.00 Knowledge Fee & Innovation Fee AED 20.00 Pre-Op Assessment for New Business Partners Only (Applicable for the below activities) CLINICAL IN-PATIENT Hospital (General / Specialty / Teaching) (Starting from) AED 3,000.00 Post-Op Survey (6-months) For New Business Partners Only (Applicable for the below activities) (Select one of the following) Multi-Specialty Clinic (Starting from) AED 2,000.00 PHARMACY (Starting from) AED 2,000.00 DIAGNOSTIC CENTER AND MEDICAL LABORATORIES (Starting from) AED 3,000.00 NON-DIAGNOSTIC MEDICAL LABORATORIES (Starting from) AED 3,000.00 Post-Op Survey (6-months) For New Business Partners Only (Applicable for the below activities) (Select one of the following) DIAGNOSTIC CENTER AND MEDICAL LABORATORIES (Starting from) AED 3,000.00 NON-DIAGNOSTIC MEDICAL LABORATORIES (Starting from) AED 3,000.00 Cost by Trade Licence Type (Select one of the following) Commercial License for Health Care (Starting from) AED 15,000.00 Commercial License for CLINICAL OUT-PATIENT (Multi-Specialty Clinic) (Starting from) AED 15,000.00 Commercial License for PATIENT SUPPORT SERVICES (Patient Escort Services) (Starting from) AED 15,000.00 Commercial License for PHARMACY (Starting from) AED 15,000.00 Commercial License for DIAGNOSTIC CENTER AND MEDICAL LABORATORIES (Starting from) AED 15,000.00 Commercial License for NON-DIAGNOSTIC MEDICAL LABORATORIES (Starting from) AED 15,000.00 Commercial License for VISITING DOCTOR LICENSE FEES (Starting from) AED 15,000.00 Commercial License for EDUCATION (Starting from) AED 15,000.00 Commercial License for WELLNESS CLUSTER (Starting from) AED 15,000.00 Commercial License for HOSPITALITY CLUSTER (Starting from) AED 15,000.00 Commercial License for RETAIL CLUSTER (Starting from) AED 15,000.00 Commercial License for BUSINESS SUPPORT CLUSTER (Starting from) AED 15,000.00 Commercial License for SUPPORT SERVICES CLUSTER (Starting from) AED 15,000.00 Commercial License for REGIONAL HEADQUARTERS CLUSTER (Starting from) AED 15,000.00 Commercial License for PROPERTY SERVICES CLUSTER (Starting from) AED 15,000.00 Holding Company License Fee AED 15,000.00 Operating Permit Fee (Applicable for the below activities) (Select one of the following) CLINICAL IN-PATIENT Hospital (General / Specialty / Teaching) (Starting from) AED 6,500.00 CLINICAL OUT-PATIENT (Multi-Specialty Clinic) (Starting from) AED 6,500.00 PATIENT SUPPORT SERVICES AED 4,750.00 PHARMACY (Starting from) AED 5,000.00 DIAGNOSTIC CENTER AND MEDICAL LABORATORIES (Starting from) AED 5,000.00 NON-DIAGNOSTIC MEDICAL LABORATORIES (Starting from) AED 7,500.00 Academic Permit Fee (Education) (Starting from) AED 500 Permit Fee (Applicable for the below activities) (Select one of the following) RESEARCH AND DEVELOPMENT CLUSTER (Starting from) AED 500.00 Certificate of Good Standing AED 1,000.00 Letter of Incumbency AED 1,000.00 Establishment Online Application (Starting from) Chamber of Commerce Fees AED 2,200.00 Visa Processing Cost Bank Guarantee / Employee Visa deposit AED 2,500.00 Emirates ID Application AED 453.00 Medical Test (Starts from) AED 430.00 Employment / Residence Visa (Select one of the following) Employment / Residence Visa – In Country (Starting from) AED 4,080.00 Employment / Residence Visa – Out of the Country (Starting from) AED 3,240.00 Postal Services Cost Empost Representative Card AED 300.00 P.O.BOX Services Fee (Select one of the following) PO Box Light (Starting from) AED 1,270.00 PO Box Standard (Starting from) AED 2,270.00 Ezimail Bronze (Starting from) AED 3,870.00 Ezimail Silver (Starting from) AED 6,370.00 Ezimail Gold AED 12,370.00