Dubai Healthcare City

Dubai Healthcare City is targeted at the healthcare and the pharmaceutical industries. This development consists of a collection of medical teaching institutions, private hospitals and clinics, pharmaceutical offices, research centres, spas and rehabilitation centres. It also includes some residential villas, apartments, and 5-star hotels surrounding an artificial lake.

Dubai Healthcare City company formation is ideal for investors looking to set up a presence in the UAE to conduct one of the following types of entities: i) Dubai Healthcare City Freezone (DHCC FZ) ii) Center for Healthcare Planning and Quality (CPQ) iii) Harvard Medical School Dubai Center (HMSDC) iv) Dubai Harvard Foundation for Medical Research (DHFMR).

Dubai Healthcare City has some of the lowest company registration fees of any free zone in Dubai. For example, the one-off registration fee (payable to Dubai Media City Authority) is Dhs3,500 (US$950).

100% foreign ownership is permitted with Dubai Healthcare City company formation. Through a Free Zone Enterprise (FZE), only one shareholder is required. Furthermore, there are no restrictions on the repatriation of capital or profits from the UAE. A company located in Dubai enjoys 100% legal exemption from all import and export duties.

If properly-structured, Dubai Healthcare City company formation is the perfect way to legitimately book international profits without paying local corporation tax. There is neither any corporate tax nor personal income tax levied in Dubai. Furthermore, there are no requirements for an Dubai Healthcare City Free Zone company to prepare annual financial statements or tax returns to any authorities, making Dubai Healthcare City company formation easy to manage.

International entrepreneurs can obtain one of three different license types for their Dubai Healthcare City Free Zone company. These are the three types of applications for licensing & registration for DHCC. i) Application for a FZ LLC where shareholder is an individual person(s) ii) Application for a FZ LLC where shareholder is a corporate client (company) iii) Application for a Branch of a UAE or Foreign Established Company.

Healy Consultants will obtain the company registration certificate and operating license from the free zone authority without our client needing to travel to Dubai. Our related services include:

i) Submitting documentation to the free zone authority to obtain the company  registration certificate and licence, including application form;

ii) Help with drafting a business plan (in the format required by the free zone authority) to accompany the application;

iii) Opening a bank account for our client following Dubai Healthcare City company formation;

iv) Provision of all corporate and licence documentation to the client.

Healy Consultants can open global corporate bank accounts to support Dubai Healthcare City company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

Dubai Healthcare City Free Zone has high licence fees compared to other free zones. For example, the annual fee payable to the Dubai Healthcare City authority for a commercial license is Dhs20,000 (US$5,500).

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