The Dubai Healthcare City (DHCC) Free Zone was established in the year 2002 under the visionary leadership of the Prime Minister of the UAE and the Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum. At that time, it was the world’s first-ever Medical Free Zone.
The idea behind the DHCC was to ensure the provision of world-class healthcare facilities and offer an avenue for development opportunities for foreign investors.
The DHCC is home to high-end healthcare and pharmaceutical companies. Due to its well thought out location, DHCC is within the reach of everyone from anywhere in and around Dubai.
The Dubai Healthcare City is situated near Rashid Hospital in Bur Dubai, which is easily reachable from the Creek Side Park and Dubai Creek. One can also embark on to Sheikh Zayed Road from Al Ain and Abu Dhabi to reach DHCC.
The Dubai Healthcare City is situated near Rashid Hospital in Bur Dubai, which is easily reachable from the Creek Side Park and Dubai Creek. One can also embark on to Sheikh Zayed Road from Al Ain and Abu Dhabi to reach DHCC.
A subsidiary of Dubai Holding, Tatweer, built and owns The Dubai Healthcare City. The total worth of DHCC stands at US 1.8 billion.
Besides promoting medical tourism, DHCC has many private clinics and hospitals, pharmaceutical offices, teaching and research institutions, rehabilitation centers, and spas. Moreover, DHCC can easily accommodate a large number of residents with numerous 5-star hotels, apartments, and villas available to live in.
Dubai Healthcare City is on its way to becoming the global leader in healthcare with its superior health and patient care services in different specialties. With each passing day, DHCC adds new healthcare services and expertise which sets it apart from any other such project around the world.
The healthcare standards and protocols in DHCC are in line with international standards as hundreds of prominent healthcare professionals are working in it. The healthcare professionals working in DHCC ensure the provision of the best healthcare services to the patients in accordance with the established standards.
Given the benefits DHCC free zone has to offer, a number of international companies obtain business license DHCC. Following a certain procedure, companies can easily obtain business licenses. However, international companies looking to kick start their business in the DHCC free zone must keep in mind some important conditions.
For instance, the kind of DHCC license acquired by the company will determine the company’s incorporation. The license can be medical, service, or commercial in nature.
Moreover, a company seeking to set up a business at DHCC free zone should have 2 directors and at least 1 shareholder. The shareholder in the company seeking to start a business can only be a resident of the Dubai free zone. Furthermore, the company is bound to call a meeting of its shareholders once a year.
Setting up a business in DHCC free zone is as easy as it gets. The foremost step for a company looking to establish its business in DHCC free zone is to apply for a DHCC license.
The regulators of the DHCC free zone will carefully evaluate the company’s application. A company will be awarded a DHCC license with 2-4 weeks after submitting a formal application.
Mentioned below are the benefits one can reap if they decide to start their business in DHCC free zone.
100% exemption from all kinds of taxes
Freedom of repatriating profits
Complete foreign ownership of the business
No hidden trade or quota barriers
Complete exemption from income or corporate tax
Freedom to establish a clinic on lease or purchase
Complete exemption from customs duty
A chance to interact with international brands and customers
Foremost thing a healthcare organization will need in order to set up its business within the Dubai Healthcare City (DHCC) free zone is a license. Healthcare and pharmaceutical companies, depending on their type, can apply for the following 3 kinds of business licenses in the DHCC free zone.
This service enables the facility operators to apply for a new Commercial License within Dubai Healthcare City Free Zone.
Free Zone Limited Liability Company (FZ-LLC)
Branch of UAE Company/Branch of UAE Establishment
Branch of Foreign Company
Branch of Foreign Company
In order to set up a business in DHCC free zone, companies need to furnish certain documents before the DHCC regulators.
Setting up a New Company
Setting up a Branch
Dubai Healthcare City (DHCC) provides patients from all around the world with quality healthcare services. Medical practitioners working in DHCC develop innovative solutions to care for the patients. Due to its highly advanced preventive, maintenance, and rehabilitation services for different diseases, the medical community from all over the world is heavily investing in DHCC.
Some of the reasons are mentioned below.
Companies looking to kick start their businesses in the Dubai Healthcare City (DHCC) free zone must follow the rules and regulations enacted by the regulators.
