Healthcare Company Formation Dubai
- by admin
Engage Healthcare Professionals to Begin the Startup of Your Medical Facility
Launching a medical facility is a rewarding but complex process. Success depends on the expertise of healthcare professionals who can ensure compliance, deliver quality care, and establish trust with patients. By engaging skilled professionals during your startup phase, you can build a facility that stands out in a competitive market.
Discover how engaging healthcare experts streamlines the startup process and positions your medical facility for success.
Healthcare is a growing industry around the world. Many countries are inventing and adopting new technologies to protect people from prevalent chronic diseases. UAE is also one nation which is working towards the uplifting of its health sector. Dubai, among the seven emirates, has the finest healthcare system and professionally qualified doctors. The supportive government also provides opportunities for foreign investors to set up health care centers at different Mainland, Offshore and Free zone Locations. Therefore, many investors are focused on setting up Healthcare Business in Dubai.
If you are planning to setting up Healthcare Business in Dubai, there are two alternatives to choose from:
Dubai Healthcare City
Mohammed Bin Rasheed Maktoum started the Dubai Healthcare City(DHCC) in 2002. The aim of the government was to provide high quality and patient centered health care. DHCC provides healthcare practitioners with opportunities to set up services and enjoy the benefits of free zones . The DHCC has two phases Phase 1 and Phase 2 committed to healthcare, education and wellness respectively.
Why Start a Medical Clinic in Dubai?
1. Booming Healthcare Sector: The need for top-notch healthcare services is driven by medical tourism and Dubai’s expanding population.
2. Strategic Location: Dubai is a great place for a medical clinic because it is a worldwide center that draws patients from Asia, Africa, and Europe.
3. Government Support: Dubai makes it simpler to launch a firm by providing simplified procedures, tax benefits, and 100% foreign ownership in free zones.
4. Modern Infrastructure: Dubai’s top-notch facilities and cutting-edge technologies contribute to the prosperity of medical clinics.
5. Diverse Patient Base: You can serve a broad range of patients with various healthcare needs thanks to Dubai’s cosmopolitan setting.
Costs of Setting Up a Healthcare Business Dubai
The size and kind of the facility affect the startup costs for a healthcare business. Typical costs consist of:
Facility Setup: Building or leasing expenses
Medical Equipment: Purchase or rental of diagnostic and treatment tools
Licensing and Permits: Government fees for licenses
Staff Salaries: Hiring and retaining skilled professionals
Technology: Patient management systems, billing software, and data security
Types of Medical Clinics You Can Establish
1. General Practitioner Clinics: Provide patients with primary care services.
2. Specialist Clinics: Concentrate on niche fields like dermatology, cardiology, pediatrics, etc.
3. Dental clinics: Offer services related to oral health.
4. Physiotherapy Clinics: Attend to physical therapy and rehabilitation requirements.
5. Wellness Centers: Provide preventive care along with other holistic healthcare treatments.
Steps to follow for a healthcare setup in DHCC
- A healthcare setup must obtain a license from Dubai Healthcare City Authority-Regulatory.
- A general business plan along with application should be submitted to Dubai HealthCare City Establishment Facility.
- The documents such as passport copies, CV of shareholders etc should also be submitted.
- The Facility Licensing Department(FLD) first reviews the application. Secondly the Facility committee accepts the document for further verification.
- The Committee then provides an approval letter specifying the business activities of the setup. The approval letter also specifies the rules and regulations.
- DHCR has laid down building construction standards that need to be followed by every facility. The Facility Licensing Department(FLD) is responsible for conducting inspections to ensure the proper functioning of the facility. It also ensures the certification and proper maintenance of medical equipment.
- These facilities attend various awareness sessions conducted by the DHCC. They also supervise pre-operational assessments to avoid any lapse.
How to setup health care in Dubai Mainland?
The investors who are looking to setting up Healthcare Business in Dubai should get permit from two government bodies:
- Department of Economic Development(DED)
- Dubai Health Authority(DHA)
Procedure
- Determining the legal entity of a company: An investor should determine the basic entity of an organization before setting up. For example : it can be an LLC, a sole establishment, a civil company or branch of foreign company.
- Deciding on a trade name : Before setting up health care setup, the trade name should be finalized. Besides, it should be in correspondence with the activity name given for healthcare businesses in DED list of business activities.
- Choosing an apt location: An investor can set up a healthcare business in mainland, free zone and offshore areas. Moreover, he has the option of establishing healthcare centers on a rented land as well as leasing or acquiring land from the government or the local people.
- Approval from DED and DHA:
- The DED will give the initial approval certificate after verifying the application. Along with the application the investor must submit verifying documents like passport copy, NOC from sponsor, Article of Association etc.
- The DHCC approves the application and then passes it on to DHA for further validation. The DHA will check the viability of the enterprise and professional qualification of the owner. Hence, if the verification is successful the approval is given to start the enterprise.
Benefits of Setting up Healthcare Business in Dubai:
Access to advanced technology
The healthcare industry will get the benefits as Dubai is a growing economy. Besides the new inventions and advanced technology will be helpful in discovering new treatments for different chronic illness.
Tax exemptions in free zones
The health care industry attracts many expats to Dubai free zones due to its various tax exemption policies. Moreover, the investor can transfer back the capital money invested back to his home country.
Qualified Medical Professionals
The city has access to skilled healthcare professionals who have hands on experience in handling simple to complex situations. In addition to that these professionals have good networks for helping out each other in need.
Good Business environment and Location
The locations such as DHCC has proven to be a boon for the healthcare providers in and outside Dubai. DHCC also provides access to research centers, collaboration options, well qualified professionals all at one place. Therefore, offering health care investors an efficient place for setting up Healthcare Business in Dubai.
Thus, these various aspects have given Dubai, an edge over other cities to excel in the healthcare field.
Start Your Medical Clinic Today!
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