Healthcare Business Setup in Dubai: Since the last couple of decades, the world has been witnessing tremendous growth in the healthcare industry. Modern healthcare is not just restricted to providing medical treatments. Rather, it has managed to spread to other streams like looking and feeling good and wellness. 

When private and public healthcare systems are concerned, Dubai does boast of providing superior healthcare services. With easy availability of modern infrastructural facilities and specialised Freezones, it does make great sense to establish healthcare business in Dubai for entrepreneurs in large numbers. Setting up healthcare business in Dubai does present you with an amazing opportunity to avail. One government organization, namely, DHCC (Dubai Healthcare City) empowers you to establish your healthcare business in Dubai. DHCC is referred to as the Middle East’s health & wellness destination. 

The investments made by DHCC are divided broadly into two categories

• Wellness Community: Spread over a vast area of 19 million sq. ft. 
• Medical Community: Spread over an area of 4.1 million sq. ft. along with host of outpatient clinics, hospitals, retail spaces & commercial offices. 

Healthcare business types in Dubai

Several areas do exist where investment can be done with regards to retail & commercial spaces and wellness. Given below are some listing to enable you to comprehend easily:

Healthcare support: Medical coding, medical transcription, medical billing services, 3rd party administration and patient education service. 

Clinical outpatient: It includes establishing outpatient facility at an outpatient single specialty clinic, surgical clinic and multispecialty hospital, clinical research centre, diagnostic centres (clinical laboratory and radio diagnostics), pharmacy, stem cell therapy center and clinical research center. 

Healthcare management: It also is healthcare investment management. 

Professional & management developing training: Ongoing professional development, human resources training & development, educator’s professional development, development & management training and social & behavioural training. 

Clinical inpatient: It includes speciality hospital, general hospital, nursing home, palliative care, long term care, rehabilitation, hospital teaching positions and geriatric care. 

Healthcare consultancy: Healthcare engineering & architectural consultancy, healthcare strategy & planning consultancy, healthcare medico-legal consultancy, clinical research organization and IT Management & system integration. 

Child skill-development training: It includes only child skill-development center. 

Higher education providers: It includes technical education provider, junior college, Branch University and medical universities. 

Occupational & Technical skills: Tourism & Hospitality training, healthcare awareness training and tourism training. 

Educational service provider: Academic & student support services

Academic Service Provider: It includes academic liaison office and university representative office.

Publishing: It includes publishing of guides, manuals, magazines, books and catalogues.

Association (Non-Profit): It includes professional association.

Non-Academic service provider: It functions largely as infrastructure provider. 

Outsource: Professional support outsourcing.

Regional headquarters: Admin office, back office, call center office and marketing office. 

Event management: Organizing exhibitions, festivals and business events. 

Procedure involved in setting up business in Dubai

Under DHCC, company formation process is dictated largely by two variables

Business Type: It can be either Branch or Freezone Limited Liability Company (LLC).

Ownership patterns: The applicable ownership pattern in forming a company in Dubai are of three types, namely

• Corporate & individual ownership
• Individual ownership only
• Corporate ownership only

To register and establish a company in Dubai Healthcare city, the essential documents to be furnished with the Dubai Creative Clusters Authority may vary depending upon ownership and business type. 

Following are the documents that may be required to set up healthcare business in Dubai

• Corporate Shareholder – Board resolution Free-zone LLC
• Individual shareholder – Board resolution FZ-LLC
• License application
• Personnel sponsorship agreement
• For corporate – Articles of Association
• For corporate – Memorandum of Association
• Natural person – RIC form
• Corporate – RIC (Registry Identification Coder) form
• Verification  of legal document checklist for FZ LLC for branch or combination

The procedure to set up a business for free-zone limited liability company involves around 8 steps. However, the procedure is of only 7 steps for a branch company. 

Following is the detailed company formation procedure in DHCC, Dubai

Information provided by DHCC to applicant: It can be through their sales brochure, website or directly via sales tele-helpline. 

Reservation agreement signing: Reservation agreement to be signed by the applicant along with payment of admin fee and annual rent of 10% to confirm place reservation. 

Provisional approval application submission: On submission of the application by the applicant, it is reviewed by DHCC and provision approval or rejection is given. But it takes around 2 weeks time to derive this response. There is refund of 10% annual rent, if rejected. For provisional approval, process continues. 

Submission of legal documents for company registration: Applicant is to submit legal documentation according to the checklist following provisional approval. Also is to be paid license and registration fee. 

DHCC takes approximately 2 working days to undertake legal documentation review

• Memorandum of Association & Article of Association including share capital to be signed (but not for branch application).
• DHCC issued legal agreement and commercial license by 2 to 5 working days. 
• Legal agreement and commercial license signing at DHCC office. 
• For expansions, lease renewals, etc., transfer to the Partner relation manager.

Minimum capital requirements

Dubai healthcare city based Freezones LLC have put AED 50,000 for commercial and AED 300,000 for clinical as the minimum capital requirement. But establishing a branch does not require any minimum capital.

Trying to form a company at Dubai healthcare city comes with its own advantages. If the plan is to establish in the freezone, it is possible to derive 100% tax-free benefit, which is no income tax, no corporate tax or no customs duty. Also, you will acquire 100% of the business. 

Also are available benefits to enjoy like modern superior infrastructure facilities and low operating costs. Also are provided excellent business support services and no bureaucracy interference to compliment establishing the business at Dubai healthcare city. 

But, in case of niche and complicated domain like healthcare, seeking Blackswan Business Setup business consultants’ advice and assistance will be a great idea. We, at Black Swan Business Setup are completely versed with not just the registration and licensing procedures, but also have ample knowledge on the domain related nuances with regards to forming a company in Dubai. We have managed to guide a good number of entrepreneurs to establish their business successfully at Dubai healthcare city. 

Contact us at the earliest to convert your dreams and ideas into a grand reality and setup Healthcare Business in Dubai.