Company Formation in DHCC – Dubai Health Care City
Dubai Health Care City (DHCC) is the first medical free zone in the world. The rapidly increasing population growth and economic boom in the Middle East has given Dubai HealthCare City the impetus to provide local and international patients with an extensive range of medical care. With a total number of 19,523 healthcare professional in both the private and public sectors including 6,064 doctors, Dubai is the perfect platform for DHCC and it has emerged as the leading healthcare service center in the region.
Dubai Health Care City was conceived as the location of choice for quality healthcare and an integrated center of excellence for clinical and wellness services, medical education and research in the Middle East. Dubai Health Care City boasts two complementary communities namely the Medical Community and the Wellness Community. The Medical Community which focuses on acute care services occupies an area of 4.1 million square feet. The Wellness Community covers 19 million square feet and completes DHCC’s healthcare continuum by housing hospitals, outpatient clinics, luxury spa resorts and the entire spectrum of wellness services.
The medical and complimentary service are provided in two conveniently customized phases. Through the Medical Community, DHCC will treat the region to host medical services grouped in a highly convenient setting. Physician offices, ambulatory surgery centers, general hospitals, Speciality hospitals, rehabilitation & long-term care facilities and diagnostic laboratories are brought together to deliver diagnostic and treatment services to an international standard. DHCC is the prime location for ultra-modern outpatient facilities, healthcare commercial offices and retail services
Licenses shall be issued by the Dubai Health Care City Administration for Dubai Healthcare City in accordance with the DHCC Commercial Services Licensing Regulation No. 9 of 2008 for the business operation as set out accordingly.
Major Benefits of Company Formation in DHCC (Dubai Health Care City):
- 100% foreign ownership,
- 100% repatriation of capital,
- 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
- Integrated healthcare community providing specialized first-class medical care,
- Access to network of regional health care professionals,
- One-Stop shop for government services,
- Attractive investment opportunity & financial return,
- Increase brand exposure
- No bureaucracy
Characteristics of DHCC Company Setup:
Location:
Dubai Health Care City, Dubai, (U.A.E.)
Proposed activity:
Clinical, Healthcare, Higher Education Provider, Executive Search, Event Management, Outsource and other relevant activities related to medical, paramedical sector can be carried out in DHCC.
License available:
Commercial & Services license are available option for DHCC – Dubai Health Care City.
Type of entities:
Free Zone-Limited Liability Company (FZ – LLC) & Branch office
Shareholder:
Shareholder for Dubai Health Care City (DHCC) Company can be Individuals or Corporate entity
Director:
Individuals only (Minimum one. Shareholder can also be Director)
Share capital:
AED 50,000/- to AED 300,000/- (Depending on activity) for FZ – LLC Dubai Health Care City Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)
Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.
Audit:
Audit report is required to be filed with DHCC.
Estimated time:
4 to 6 weeks to obtain license of the company and register a company in DHCC (Dubai Health Care City)
Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.
DHCC (Dubai Health Care City) Company Setup Process:
- Identify the legal form of company to be registered in DHCC,
- Select activity from DHCC activity list,
- Sign lease Reservation,
- Apply for initial approval,
- Payment of fees related to DHCC business set up,
- Sign DHCC company registration and incorporation documents,
- Apply for DHCC residence visa.
Documents Required for DHCC Company Registration:
The documents required for business set up in DHCC (Dubai Health Care City) depends on whether a shareholder is individual or corporate entity. Basic requirements are
- Color passport copy,
- Color UAE residence visa & emirates id copy,
- CV/Resume,
- Degree & Experience certificate
- Utility bill copy,
- Business Plan.
- NOC from current sponsor
To know more about the complete requirements for company formation in Dubai Health Care City (DHCC) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com
Company Formation Cost in DHCC:
DHCC Company Setup begins from AED 92,095/-.
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DHCC.
Other Notes for DHCC – Dubai Health Care City Company Formation:
- Document to be legalized with UAE Embassy in case of corporate shareholder
- Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
- Company Immigration/Establishment card to be renewed every year
- Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-
Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in DHCC. Our company acts as a one stop solution for DHCC company incorporation services.
If you are looking for DHCC company setup, please get in touch with us for professional assistance.
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DHCC (Dubai Health Care City).
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
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Dubai (U.A.E)
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
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