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Establishment of a company in the Dubai Healthcare City Free Zone

١٧ أبريل Establishment of a company in the Dubai Healthcare City Free Zone

Establishing a company in the Dubai Healthcare City Free Zone, opening a company in the Dubai Healthcare City Free Zone is an ideal opportunity for investors looking to enter the healthcare and medical services sector, which is one of the most growing and prosperous sectors in the UAE. Dubai Healthcare City was established as part of Dubai’s vision to become a global destination for specialized healthcare, and provides an integrated regulatory environment that encourages innovation and growth in this field. In addition, the free zone offers many investment facilities and incentives that make establishing companies in it an easy and profitable process, whether the companies are new or branches of international companies.

Establishing a company in this area offers many advantages to investors, including 100% ownership of companies, tax exemption, flexibility in transferring profits abroad, in addition to modern infrastructure that supports medical and technological innovation. Dubai Healthcare City includes a wide network of world-class hospitals and medical centers, in addition to universities and colleges specializing in healthcare, making it an integrated environment that helps companies grow and expand rapidly.

The process of establishing a company in Dubai Healthcare requires organized legal and administrative procedures, including submitting the required documents and choosing the appropriate activity within the healthcare framework. Itqan provides comprehensive services to support investors during this process, helping them choose the appropriate company structure, prepare documents, and obtain the necessary licenses from government agencies. Itqan also provides specialized consultations to ensure that investors make the right decisions from the beginning.

By choosing Dubai Healthcare City as a location to establish their company, investors can benefit from a growing healthcare market, high-quality medical services, and comprehensive regulatory support that contributes to the long-term success of the projects.

Establishing a company in the Dubai Healthcare City Free Zone

Types of companies that can be established in Dubai Healthcare City

Dubai Healthcare City is one of the most prominent free zones specialized in the field of healthcare in the UAE and the Arab region. This zone was established with the aim of supporting and developing the healthcare sector, and attracting international and local investments in this vital field. Thanks to its advanced infrastructure and providing an ideal investment environment, Dubai Healthcare City has become a preferred destination for companies seeking to provide innovative medical services, or for investors wishing to establish companies specialized in the healthcare sector. In addition to full tax exemptions and 100% foreign ownership, the city provides many facilities for startups and global institutions alike.

In Dubai Healthcare City, a variety of companies can be established to suit the needs of different businesses in the healthcare and related services sector. These companies vary according to the type of activity and services they provide, allowing investors to choose the legal form that best suits their goals. Whether you want to establish a new company or open a branch of an existing company, the medical area provides freedom and flexibility to choose between several types of companies, in line with the needs of the local and global market. Types of companies that can be established in Dubai Healthcare City:

  • Limited Liability Companies (LLC): This type of company is flexible in terms of management structure and legal responsibilities, and is the most popular choice for investors seeking to establish a company that provides medical services or manages medical centers.
  • Overseas branches of international companies: International companies can establish branches in Dubai Healthcare City to conduct business activities in the UAE without the need to create an entirely new legal entity.
  • Representative Offices: This type of company is ideal for companies wishing to enhance their commercial presence in the region without providing direct services, as the role of the office is limited to providing information and promoting activities.
  • Sole Proprietorships: Individuals can establish sole proprietorships in Dubai Healthcare City to provide medical consultancy services or run small businesses in the healthcare sector.

Basic requirements for establishing a company in Dubai Healthcare City

Basic requirements for establishing a company in Dubai Healthcare City

Dubai Healthcare City is one of the leading free zones specialized in healthcare, providing an ideal environment for local and international companies operating in this sector. With its advanced infrastructure and attractive investment environment, the city has become a preferred destination for professionals and investors looking to establish or expand their businesses in the healthcare and medical services sector. Dubai Healthcare City offers many competitive advantages, such as 100% foreign ownership, tax exemptions, and the availability of visas and residency for employees. The city also provides freedom to repatriate profits and capital, making it an ideal place to start or expand a business.

The process of establishing a company in Dubai Healthcare City requires adherence to certain legal conditions and procedures to ensure full compliance with local regulations and health regulations in force. These requirements are essential not only for establishing the company, but also for ensuring its efficient operation in accordance with international standards of quality and safety in the healthcare sector. By partnering with specialized companies such as “Itqan”, investors can facilitate the establishment procedures and ensure that the process runs smoothly. The basic requirements for establishing a company in Dubai Healthcare City:

  • Choosing a business activity and submitting a business plan: The first step is to determine the type of business activity the company wants to practice within the medical city, whether it is related to providing direct health services or other support services. A detailed business plan must be submitted that includes the company’s goals, expected budget, and employment plans.
  • Essential Legal Documents: Identity documents for investors and partners must be provided, including copies of passports and residence visas if available. A current commercial register is also required if the company is a branch of an international company.
  • Regulatory Approval: Since Dubai Healthcare City operates in a sensitive sector such as healthcare, approval from relevant regulatory authorities, such as the Dubai Health Authority, must be obtained, especially if the company is providing direct medical services.
  • Renting an office or clinic: Companies are required to rent a space within the medical city according to the required standards for the type of business to be practiced, whether it is a health center, clinic or administrative office.
  • Company registration and obtaining a license: After completing all documents and obtaining the necessary approvals, the company is officially registered with the Dubai Healthcare City Authority and obtaining a commercial license to practice approved activities.

Our company’s role in establishing a company in the free zone

In conclusion, establishing a company in the Dubai Healthcare City Free Zone is a promising investment opportunity for those wishing to enter the growing healthcare sector in the UAE. Dubai Healthcare City is distinguished by its unique environment that combines innovation and advanced infrastructure, making it an ideal choice for companies seeking to provide distinguished medical services or invest in advanced healthcare technologies. Tax exemptions and full foreign ownership are among the most prominent incentives that make this free zone attractive to investors from all over the world.

In addition to government facilities and support provided by regulatory authorities, Itqan is a key partner that helps investors overcome administrative and regulatory hurdles, ensuring that their company is established smoothly and easily. Itqan provides integrated services ranging from providing legal and administrative advice to following up on government procedures, allowing investors to focus on developing their business without worrying about routine complications. With its extensive experience in the UAE market and in-depth understanding of local laws and regulations, Itqan can effectively contribute to the success of any project established in Dubai Healthcare City.

Establishing a company in Dubai Healthcare City opens wide doors for investors to expand and grow in the healthcare sector, whether through partnerships with global hospitals and medical centers or by providing innovative services that meet the needs of the growing market. By cooperating with Itqan, investors can benefit from local expertise and in-depth knowledge of the systems, making it easier for them to achieve their investment goals and achieve sustainable success. Ultimately, investing in Dubai Healthcare City is a strategic step towards achieving growth and excellence in a vital and sensitive field such as healthcare, where there are great opportunities and potential for growth and expansion.

Frequently asked questions about establishing a company in the free zone

What are the main advantages of establishing a company in the Dubai Healthcare City Free Zone?

Benefits include full tax exemptions, 100% foreign ownership, freedom to repatriate profits and funds, and no currency restrictions. The region also offers an advanced healthcare infrastructure, with world-class medical centers and hospitals.

What types of companies can be established in Dubai Healthcare City?

Several types of companies can be established, such as limited liability companies (LLCs), subsidiaries of international companies, as well as representative offices and sole proprietorships specializing in healthcare.

What are the basic requirements for establishing a company in Dubai Healthcare City?

Requirements include submitting personal identification documents for investors, a detailed business plan, and approval from healthcare regulatory authorities. A copy of the company’s articles of association and memorandum of association must also be submitted.

Does establishing a company in Dubai Healthcare City require obtaining approvals from specific government agencies?

Yes, the necessary approvals must be obtained from the Dubai Healthcare City Authority and the relevant health authorities, such as the Dubai Health Authority, especially if the company is operating in the field of providing healthcare services.

What are the costs of setting up a company in the Dubai Healthcare City Free Zone?

Costs vary depending on the type of activity and size of the company, and include licensing, registration and rental fees, as well as costs for other government services such as visas and residencies.