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Posted By: Anoop Cheerathodi | 27 Feb 2017

Dubai Healthcare City Free Zone

INTRODUCTION

Dubai Healthcare City is an urban healthcare landmark where individuals and corporations come to advance their healthcare services, engage with the community and enjoy the energy of the central healthcare districts.

A company registered with Dubai Healthcare City enjoys a number of facilities offered by the free zone. To know about these benefits and also to know the exact procedures to get registration for Dubai Healthcare City Free Zone, first we need to learn more about the Dubai Healthcare City Free Zone.

LITTLE MORE INTEL ABOUT DHCC

Since its launch in 2002 by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the free zone’s primary objective has always been to work towards its vision to become an internationally recognized location of choice for quality healthcare and an integrated center of excellence for clinical and wellness services, medical education and research.

It has been established to offer quality services at healthcare. It can be also seen as a place where foreign investors invest for development possibilities. Dubai Health Care City Free Zone Registration includes a number of steps and so does the registration and licensing for Dubai Healthcare City Free Zone.

GOVERNING BODY

The free zone is governed by the Dubai Healthcare City Authority (DHCA) and regulated by the Dubai Healthcare City Authority – Regulation (DHCR), whose quality standards are accredited by the International Society for Quality in Healthcare (ISQua).

LAYOUT

Located in the heart of Dubai, the world’s largest healthcare free zone comprises two phases.

Phase 1

Phase 1 is dedicated to healthcare and medical education. it occupies 4.1 million square feet in Oud Metha

Phase 2

Phase 2 is dedicated to wellness, occupies 22 million square feet in Al Jadaf, overlooking the historic Dubai Creek.

MEMBERS

DHCC has close to 160 clinical partners. it includes hospitals, outpatient medical centers and diagnostic laboratories across 150 plus specialties with licensed professionals from more than 80 countries, which strengthens its medical tourism portfolio. Nearly 200 retail and non-clinical facilities serve the free zone.

DHCC is also enriched with the presence of academic institution the Mohammed Bin Rashid University of Medicine and Health Sciences, which is a part of the Mohammed Bin Rashid Academic Medical Center. The free zone’s integrated environment acts as a cushion which helps in leveraging for potential partners to set up operations to promote health and wellness.

BENEFITS

  1. 100% foreign ownership
  2. No personal, income and corporate taxes
  3. State-of-the-art facilities
  4. Integrated healthcare community providing specialized quality medical care
  5. Access to a network of regional and global healthcare professionals
  6. Flexible real estate designed to suit the industry (laboratories, pharmacies, etc)
  7. No bureaucracy or red tape
  8. Business support services

Apart from the above facilities offered by the Free Zone, investors can avail benefits from various tax treaties concerned with the avoidance of double taxation. As of 2009, the United Arab Emirates has entered into double taxation agreements with 47 countries.

LEGAL ENTITIES

  1. Free Zone Limited Liability Company (FZ-LLC)
  2. Branch Office of a Foreign Company
  3. Branch Office of a UAE Company

TYPE OF LICENSE ISSUED

  1. Commercial
  2. Medical Institution
  3. Service

The mission of Dubai Health Care City is to enable high quality integrated healthcare, education, research and wellness by forming strategic partnerships. This will deliver exceptional customer experiences, ultimately impacting every member of our society. DHCC is to become the internationally recognized location of choice for quality healthcare and an integrated center of excellence for clinical and wellness services, medical education and research.

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