Dubai Healthcare City
The Dubai Healthcare City Free Zone (DHСC FTZ) is a specialized territorial unit, which requires a special economic status for organizations with various forms and specialists in the sphere of health protection and modern medicine. The main purpose of this economic area is the development of the healthcare system in the United Arab Emirates, the fine-tuning of the national medicine in accordance with the highest international standards, and merging of the world's leading qualified medical personnel knowledge and experience.
The government of the Emirate considers the project as the opportunity to create a system of comprehensive and quality health care in the country. The strategic international partnership in respect of ensuring the proper researches and the high level of education for health care personnel remain the top priorities in this project. The consolidation of the international medical experience allows to deal with the most challenging situations and is of a great importance for every person on the planet.
It should be noted that the program of realization of the Dubai Healthcare City project includes the significant investments in the education and development of the scientific and medical programs and grants.
A bit from history of creation of Dubai Healthcare City
The specialized economic area in the area of medical care and health protection was founded at the beginning of 2002, and is the part of a large-scale project TECOM Investments. The occupied space includes the following infrastructure:
- Several large medical hospitals;
- More than one hundred of laboratory and outpatient centers;
- Availability of highly qualified professionals;
- Hotels.
The free zone is located near the famous city district Wafi Mall and in fifteen minutes drive from the Dubai international airport.
Services for investors and entrepreneurs
The following list of services is offered for clients of the Dubai Healthcare City economic area (DHHC FTZ):
- Modern real estate that meets international requirements in the field of medicine: clients and potential investors are offered modern premise which are meant for arrangement of surgical centers, specialized clinics and other healthcare facilities. Special technological capabilities are harmoniously integrated into the surrounding design in the offered premises. In addition to the lease of the premises, the network of pharmacies, availability of the advanced medical equipment, the services of consulting and pharmaceutical companies are at the investors’ disposal;
- The maximum assistance and support during the registration of the company, as well as in the issues related to the immigration services, including visa procedures for the foreign labor force;
- The extensive information base which contains information about the patients (more than 400 thousand patients) with a detailed description of the history of disease and diagnosis.
Other real estate offers
The management company is ready to offer potential investors and entrepreneurs office premises and modern business centers, equipped with everything necessary for organization of business meetings and negotiations. There are more than a dozen of separate buildings in the territory of the Free Zone, which have the following functional characteristics:
- The modern design and the usage of innovative means of communication;
- The versatile support of business which is involved in the provision of services;
- The spacious and secured parking area.
All the land plots and real estate objects are offered to investors both in private ownership and on a hire or leasing basis.
To carry on a commercial and economic activity, the registration of the following types of companies is allowed on the territory of the DHHC Free Zone:
- Companies with limited liability, registered on the territory of the Free zone;
- Representative offices and branches of foreign companies;
- Representative offices and branches of local companies.
Types of state licenses
You will you will be required to receive an appropriate state license for registration a company in the Dubai Healthcare City Free Zone and carrying on a business. The regulating authority of the DHHC FTZ handles the issuance of the following types of business licenses:
- License for organization of the outpatient centers;
- License for organization of the inpatient hospital;
- License for provision of the professional medical services;
- Establishment of a higher educational medical institution;
- License for organization of the training center;
- License for the HR Agency creation;
- Rendering of services for various activities in the health care sector;
- License for publishing activities;
- License for the provision of the related social services (shops, catering, cleaning, laundry and etc.);
- Consulting services.
The issuance of state business licenses is carried out by the Planning and Quality Control Centre. If your business involves the employment in the field of catering, or you need a license for the provision of consulting services, an additional permission of the city authorities may be necessary.
DHHC Free Zone: registration of a company
Registration of a company in the DHHC specialized economic area is carried out under the following conditions:
- Possibility of 100% ownership of the company's assets by foreign persons;
- Exemption of business from corporate taxes;
- Exemption of business from customs duties;
- Ability to involve foreign labor force without restrictions;
- No restrictions on repatriation of assets and no state currency exchange regulation.
The procedure of a company registration in DHHC Free Trade Zone can takes from two weeks or more, depending on the type of the company and the necessary license.