The sector of Healthcare is now booming across the world. The United Arab Emirates has the fastest-growing economy with its world-class infrastructure. When you set up a pharmaceutical company in Dubai you need to follow the rules and regulations of the Dubai Health Authority.
Procedure for starting a pharmaceutical company in Dubai
- Obtain approval from the necessary premise.
- Get a pharmaceutical license from the Dubai Trade Register.
- Use of Application form.
- The Copy of the tenancy contract.
- Have the Blueprint of the location.
- Hold the Passport copy of the owner.
The ways to start a pharmaceutical company in Dubai
- Get the approval of medical devices by the UAE Ministry of Health (MOH).
- You have to fill the application form that is stamped and signed by the authorized person.
- Give the detailed company profile.
- Get your product lists manufactured.
- Obtain the Legal and manufacturing license issued by the competent authority.
Essential ways to be followed when setting up a pharmaceutical company in Dubai
- Perform a market analysis.
- You have to understand the competitors’ strategy.
- You have to choose an appropriate location.
- Get a business license.
- You need to submit essential documents to the government authority.
- Must open a bank account.
- Have a physical office space.
Why set up your business in Dubai?
Dubai is considered to be the number one business location in the Middle East. Due to the real estate and banking sector, Dubai stabilizes financially and has increased its economy. Legal procedures are fast-tracked with minimal paperwork and have simple registration procedures. Companies all over the world set up their business in Dubai due to a huge inflow of foreign capital making the economy of Dubai stronger.
The Benefits
- Has taxation benefits.
- No minimum capital requirement.
- Has no restrictions on trading locations.
- Dubai has the fastest-growing economy.
- It has free zone benefits.
- Comprises the first-class infrastructure.
- You can work with government bodies.
- No restriction in currency limitations.
- Has low import duty.
- Have more options for business activities.
- No limitations to the number of visas.
You can contact Black Swan to start a pharmaceutical company in Dubai
To carry out a smooth business in Dubai, you need to consult the expert business consultants who guide you in incorporating your business in the UAE and carry out the functions in an easy way.
Black Swan guides you at every step when starting a business in Dubai. The business experts are best in professional proceedings and they help you in the incorporating process until the end. You can get in touch with us today!
Originally posted 2021-09-29 11:23:06.