Guide to Company Registration in Dubai Healthcare City Free Zone
Dubai Healthcare City Freezone (DHCC) is an economic free zone in Dubai that offers premium healthcare services, facilitating individuals and companies to advance their healthcare services. Moreover, it also provides foreign investment incentives and unlocks development possibilities for foreign investors. DHCC company register brings in facilities like direct access to surging UAE population, custom-fitted services, modern offices, and many other business conveniences. Undoubtedly, it is a great place to live as well as invest in business communities.
The city of Dubai places a favorable atmosphere for your business, creating new market trends and friendly policies for smooth functioning. Recognized as a global medical tourism hub, Dubai healthcare city free zone allows joining an established, evolving, flourishing community of excellence in the heart of Dubai.
Dubai Healthcare City Freezone
Dubai healthcare city free zone is an axis for medical services in the UAE. Founded in the year 2002 by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, DHCC has enhanced itself as an internationally recognized location for quality healthcare and a center of excellence for wellness services, medical education, and research.
DHCC is administered by the Dubai Healthcare City Authority (DHCA). However, its structure and control lie with the Dubai Healthcare City Authority – Regulation (DHCR), recognized by the International Society for Quality in Healthcare (ISQua).
Dubai Healthcare City Authority consists of four prime departments –
- Regulatory Department
- Healthcare Department
- Investment Department
- Education and Research Department
Medical services available in DHCC
DHCC runs a vast range of medical facilities within the region.
- Medical research labs
- Healthcare management and development
- Healthcare consultant services
- Dentistry
- Dermatology
- Gynecology
- Neurology
- Therapy
- Emergency services
- Pharmaceuticals and nutrition
- Radiology
- Cosmetic treatments
- Medical equipment and machinery
- Healthcare training and tutoring
- Clinical supplies
- Treatment facilities center
- Clinical pathology
- Diagnostic centers
- Patient guide services
- Medical labs
Advantages of establishing a business in DHCC
DHCC company register has several advantages for investors and entrepreneurs. Just like other UAE freezones, DHCC offers most of the similar benefits to the budding companies who are willing to step into the medical hub of Dubai.
- Complete ownership of the business
- Full repatriation of earned profits and capital
- Guaranteed exemption from income and corporate taxes for 50 years
- 10-year resident visas for healthcare professionals
- Exemption from trade taxes
- Minimal operating costs
- Flexible landholding structure to suit industry requirements
- Access to regional and international healthcare professionals
- Specialized high-quality healthcare services
- Attractive investment prospects
- Improved brand exposure and publicity
- Advanced facilities
- Strategic location
- Provides seamless connectivity for networking with other zones
- Simple and time-saving incorporation
- Ease to open a bank account
Types of business activities permitted in DHCC
Other than medical management facilities, DHCC also allows the operation of the following business undertakings –
- Consultancy services
- Leisure services
- Hotel & hospitality services
- Property and real estate management
- Event management
- Development and personal care centers
- Food and beverage
- Educational centers
- Research centers
Types of company registrations in Dubai healthcare city freezone
Following companies can be registered within the authority of DHCC:
- Free Zone Limited Liability Company(LLC) – An independent legal entity formed by a single shareholder, can be an individual or a company. It involves minimum capital for incorporation depending on the activities carried out in the company.
- Branch of a Foreign Company – A foreign establishment outside the UAE can open its branch company in the DHCC. The activities of the branch will be under the control of the parent company.
- Branch of UAE Company – A UAE registered company outside the DHCC can introduce its branch within the DHCC jurisdiction and fully control its activities as well.
Types of licenses available in DHCC
The DHCC authority issues the below licenses to the companies:
- Trading license
- Industrial license
- Media license
- Consultancy license
- Freelance license
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Process of a company set up in DHCC free zone
DHCC aims to be an area for mixed development pursuing not only quality healthcare but also wellness with luxurious accommodation facilities. For example, hotels, apartments, wellness centers, health clubs, etc.
The process of setting up a business in DHCC is quite simple. You need to follow below steps:
- Submit the application form for DHCC company register
- Get pre-approval from the relevant authorities
- Submit the requested documents to the concerned department
- Pay the required fee
- Get your license
The documentation process and start-up share capital vary in different kinds of company setup in DHCC. It depends on the type of business you choose and the license you request for.
Documents required for DHCC license acquisition
The requested documents vary depending on the type of company you are opting for. However, the general documents include:
- Application form
- Trading name registration certificate/Details of existing company
- Copy of passport of the owner/shareholders
- Bank reference letter, along with 6-month bank statement
- Initial approval from the authorities
- Business plan or structure
- Letter of intent
The renewal process of the DHCC license is easy and cost-effective. The physical presence of the investor in the UAE is not required during the license renewal process, however, the annual audit report should be duly submitted to the respective authority along with the renewal fee.
For the liquidation process, you need to pay the liquidation fee fixed by the government. In addition to that, the liquidation process completes after the cancellation of existing visas, termination of the lease agreement, and closure of the bank account.
Conclusion
DHCC is the world’s largest healthcare freezone, that mainly houses hospitals, medical institutes, wellness centers, and other healthcare facilities. With health and wellbeing rising as a national concern, the DHCC company register provides an unparalleled opportunity to individuals and business tycoons to join an exceptional healthcare community. DHCC jurisdiction welcomes and encourages a range of investment models in clinical as well as non-clinical sectors.
If you have the right people by your side, you can establish your dream venture in a short time. Business consultants in Dubai will provide you details you are seeking for.
If you have made up your mind to set your business step in the DHCC community, then Shuraa Business Setup will guide you in the right direction. Our experts are specialized in UAE market experience and competition and will assist you with the company development strategies to be the best in the industry. Shuraa is dedicated to offering the best business consulting service to our clients, assisting them in planning and supporting their business idea through every step.
Get in touch now! Explore and uncover the benefits of becoming a trusted member of DHCC!
To know more about Dubai healthcare city free zone and the company registration process in DHCC, call +97144081900. You can also send a WhatsApp message at +971 50 777 5554 or connect over email by sending us your query at info@shuraa.com.
