Dubai Healthcare City Free Zone Company Formation
Simplified business setup process and licensing in Dubai Healthcare City Freezone with Solutions FZCO.
Established in 2002, Dubai Healthcare City Free Zone has emerged as a global hub for healthcare and life sciences. It is a premier destination for healthcare, medical education, and wellness in the Middle East. Established to foster a high-quality healthcare environment, DHCC offers state-of-the-art infrastructure, world-class facilities, and a conducive business ecosystem for healthcare professionals and businesses.
The free zone houses over 400+ leading healthcare companies, with around AED 2.8 billion contribution to Dubai’s Economy. 18% of Dubai’s healthcare workforce is employed in DHCC. It has hospitals, medical institutes, wellness centers, medical training centers, and other facilities.
If you wish to start a business in Dubai, DHCC Free Zone is a great place to establish your presence. Solutions FZCO helps business owners and entrepreneurs establish companies in the DHCC and UAE.
Why Choose Dubai Healthcare Centre Free Zone?
Choosing DHCC provides businesses with a strategic location in the heart of Dubai, tax benefits, 100% foreign ownership, and access to a robust healthcare network. The free zone is designed to support healthcare providers, medical education institutions, and wellness centers, making it a hub for innovation and excellence in the healthcare industry.
Dubai Healthcare City Free Zone offers modern facilities and infrastructures, leveraging healthcare businesses set up easily in the area. Moreover, the DHCC FZ Authority has established partnerships with leading healthcare institutes offering opportunities for networking and collaboration.
Benefits of Setting Up a Company in Dubai Healthcare City Free Zone
- 100% foreign ownership
- Tax benefits
- Access to world-class infrastructure
- No currency restrictions
- Simplified business setup
- Strong regulatory framework
- 100% repatriation of capital
- No customs on exports and imports
- Access to advanced technology
- Leasing options
- Premium location
- 10-year residency visa
Types of Business Licenses Offered at Dubai Healthcare City Free Zone
DHCC offers a variety of trade licenses catering to the diverse needs of healthcare and medical companies. These licenses not only cover medical businesses, but other related activities as well.
Here are some of the business licenses available at DHCC:
- Trading License: This license allows businesses to engage in the trading of healthcare-related products and equipment within the free zone and beyond.
- Service License: Aimed at companies offering various healthcare services, including consultancy, management, and professional services within the healthcare sector.
- Industrial License: Suitable for businesses involved in the manufacturing and production of medical equipment and pharmaceuticals.
- Branch License: Allows established companies to open a branch in DHCC, expanding their footprint and services in the region.
- Healthcare Facility License: Specifically for entities looking to establish hospitals, clinics, diagnostic centers, and other healthcare facilities within the free zone.
Business Activities Permitted in Dubai Healthcare City Free Zone
DHCC allows a large number of business activities, but they mainly fall under two categories; clinical and non-clinical. Here are some of the activities permitted for business setup in Dubai Healthcare City:
- Pharmaceutical
- Hospitals and Clinics
- Diagnostic Centers
- Medical Labs
- Medical Equipment Supply
- Research Centers
- Education Institutions
- Consulting and Training Centers
- Wellness and Fitness Services
- Healthcare Marketing
- Patient Transport Service
- Events Management
- Hotel and Restaurants
- Food and Beverages and more
Different Legal Business Structures in DHCC
Dubai Healthcare City Free Zone has mainly three types of legal entities. These are determined based on the number of shareholders, and the nature of the company.
- Free Zone Limited Liability Company (FZ-LLC): A separate legal entity with shareholders, suitable for businesses looking for full control and flexibility.
- Branch of a Foreign Company: Allows an existing foreign company to operate in DHCC without creating a separate legal entity.
- Branch of a UAE Company: Enables an existing UAE-based company to extend its operations into DHCC without forming a new entity.
- Free Zone Establishment (FZE): A single shareholder entity that is a separate legal entity, ideal for sole proprietors looking to establish a business in DHCC.
Types of Business Entities in Dubai Maritime City Free Zone
Following are the main types of legal entities that you can choose while setting up a company in the DMC Free Zone:
- Free Zone Establishment (FZE): A single shareholder limited liability company with a 1 million AED minimum share capital requirement to be paid during company registration.
- Free Zone Company (FZC): A multiple shareholder limited liability company. It may include one individual owner or corporate shareholders. It has a 500,000 AED minimum capital requirement.
- Branch of a Foreign Company: An extension of an existing foreign company that is registered in a country outside the UAE. The Branch Office will only be allowed to engage in activities that are similar to its parent company.
- Branch of a UAE Company: An extension of an existing UAE-based company, carrying out the same activities in the Free Zone in the name of its parent company.
Facilities Offered in Dubai Healthcare City
Dubai Healthcare City is a futuristic place housing over 400 leading global healthcare brands. Here are some of the best facilities offered at DHCC, making it a top choice among investors:
- A 4.1 million sq ft Phase 1 of DHCC facility located in Oud Metha. It is home to a wide range of clinics and hospitals.
- Phase 2 of Dubai Healthcare City located in Al Jaddaf, is an urban oasis for businesses and residents. It has 19 million sq ft of land overlooking the Dubai Creek.
- Clinical Complex with advanced clinics, hospitals, and pharmaceutical companies.
- 15 state-of-the-art buildings offering commercial and retail space in DHCC.
- Executive offices and desks for companies requiring minimum space for office work.
- Land for Long-term Leasing: DHCC offers plots for long-term leasing. The plots start from 100,000 sq ft with up to 7 floors.
How to Set Up a Company in Dubai Healthcare City Free Zone
Here is a brief overview of the steps required for formation in DHCC:
Determine your Business Activity
Identify the type of healthcare-related business activity you wish to conduct. It could be clinical or non-clinical activities allowed by the DHCC.
Select a License Type & Legal Structure
Select the appropriate license type and legal structure for your business. Various options are available to accommodate all businesses.
Apply for Initial Approval
Submit the necessary documents and application for initial approval from DHCC authorities.
Get Initial Approval and Register Your Company
Once you get the initial approval from the free zone authority, complete the business registration process by submitting all the documents. Draft and notarize legal documents, including the Memorandum and Articles of Association.
Bank Account Opening
Open a corporate bank account and deposit the minimum required capital according to your legal entity.
Obtain License
Once approved, obtain the relevant business license for your operations.
Lease Office Space
Secure a physical office space within DHCC to meet free zone requirements.
Apply for Visas
Apply for appropriate visas for shareholders and employees of the company. Solutions FZCO offers assistance with immigration facilities and work permits/ Iqama.
Get Started in DHCC With Solutions FZCO!
Ready to set up your dream company in the DHCC Free Zone? Contact us today and let us take care of all the requirements for you.
At SolutionsFZCO, we specialize in facilitating business setup in Dubai Healthcare City Free Zone. Our expert consultants provide end-to-end support, from selecting the appropriate business structure to obtaining necessary licenses and office space.
Leverage our local contacts with the authorities to speed up your business registration process. With in-depth knowledge of DHCC regulations and processes, we ensure a seamless and efficient company formation experience.
Contact us today to start your journey in DHCC!
