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Dubai Healthcare City Company Formation

Dubai Healthcare City Company FormationDHC Company Formation

Launched in 2002, the Dubai Healthcare City (DHCC) has become one of the leading providers of premium health care services. The DHCC is a 4.1 million square foot free-trade zone that currently hosts two hospitals and more than 120 outpatient health services providers and diagnostic clinics employing some 4,000 licensed health care professionals. Among the global health care providers represented in the DHCC are Johnson & Johnson, Eli Lilly and AstraZeneca. It also offers qualified healthcare providers wanting to set up shop in the DHCC with a ‘one-stop-shop’ business solution for licensing their businesses and availing of the benefits offered.

Some of the benefits you can enjoy by setting up in the DHCC:

• Investors are allowed 100% ownership
• No income, corporate taxes or personal taxes for fifty years and no customs duties for goods and services
• Flexible real estate solutions designed to meet the specific needs of investors in the health care industry
• One-stop shop for visas, permits, licenses and other government services, eliminating red tape and bureaucracy
• A range of business support services
• Investors can access the expertise of world-class regional and global professionals in the health care sector

Sectors permitted in the DHCC include: Clinical inpatient/outpatient services; healthcare management/support/consultancy; research and development; and child skills development training. There are also some general business categories allowed including regional headquarters, property management services, service providers and hotel and leisure services. .

The legal entities allowed in the DHCC are:

Free Zone Limited Liability Company. FZ-LLC entities require a minimum paid-up capital of 50,000 AED for commercial offices and 300,000 AED for clinics. These companies should also have a manager whose name will be on the license.

Branch offices of foreign and UAE companies. These businesses do not have a minimum capital requirement.

We offer assistance in forming and licensing a company in the DHCC. Please feel free to contact us for more information on how we can help you.

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