Pharmacy Business Setup in Dubai get your Pharmacy License in Dubai : UAE has opened its arms for all businesses be it in the oil or non-oil industries! Business sector has always been a lifeline to the economy of the United Arab Emirates and it has uplifted the nation to its next level. Serving as a hotbed for entrepreneurs and established business persons in every industry, UAE has welcomed each business with its top-rated infrastructure facilities and relaxed taxation. This has made the healthcare industry to flourish in UAE and the opportunities are way-high reaching the next level. This has presented a vast platform to Hospitals, Doctors, Pharmacists & other healthcare industry professionals to upgrade their skills and later on initiate a business in the UAE. To establish a pharmacy, the owner should hold a license. If you are into the medical profession and seek to set up a pharmacy business, then UAE is the very spot you should go for.
Pharmaceutical industry in the UAE
As per reports, the UAE pharmaceutical industry is the second-largest market in the GCC region after Saudi Arabia. Medical tourism is growing rapidly over the years, and is on the edge of attracting 1.3 million tourists by 2021. As per Global Data analysis the pharmaceutical industry is expected to grow by $5.7 billion by 2020. Products from 72 countries are imported in the UAE Pharmaceutical industry and this makes it an established platform for import-export business. The UAE Government has effectuated multiple initiatives to ensure long-term growth in this sector. The business hub of UAE, Dubai, seeks to attract investment of $2.5 bn to the sector which a part of the UAE industrial strategy till 2030.
Pharmacy License in Dubai
The Federal Law No. 4 stated in 1993, insists that any person who is planning to set up a pharmacy business in Dubai needs to obtain a pharmacy license from the Department of Health Authority (DHA) to commence the business operations, be it selling or manufacturing medicines. Hence, if you are have plans to establish a company in Dubai, in the pharmaceutical sector, which has a bright potential to become a thriving market in the future, you need to keep in mind that the license document plays a vital role at the initial phase of setting up the company. In the next section of the article, you will be getting clarity regarding the documents that need to be presented. With the help of Drug or Pharmacy License you can setup your business in Dubai , you can register your business in Dubai Free Zone , or you can try with formation of company in Dubai mainland, you can setup a LLC company in Dubai , or a Foreign company branch office in UAE.
Activity Code: 513967
Activity Group: Medicines trading
License Type: Commercial (L.L.C)
Activity Description: Licensed to sell and manufacture registered drugs , pharmaceuticals, medical supplies which is supervised by a licensed pharmacist who is working with the Registered License holder .
Documents Required for Pharmacy License in Dubai UAE
How to Set Up Pharmacy in The UAE ?
To set up a pharmaceutical company in the UAE, you should get a pharmaceutical license. To obtain pharmaceutical license you should follow the given below steps or process.
Initial Approval Process
Final Approval Process
Black Swan business Setup service can help you obtaining Pharmacy in Dubai, Abu Dhabi, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah, – UAE .