Sharjah Healthcare City
Sharjah Healthcare City Authority, Sharjah
Description
SHCC is a free zone in Sharjah, UAE, established to enhance the emirate's position in the healthcare sector by attracting investments and providing world-class infrastructure for healthcare services and related industries.
| Emirate | Sharjah |
| Website | https://shcc.ae/ |
| Contact Info |
Address: Sharjah, UAE
|
| License Types | Healthcare License, Service License, Commercial License, Industrial License |
| License Cost | License costs vary depending on the type and scope of business activities. |
| Formation Cost | Formation costs depend on the chosen business package and facilities. |
| Minimum Capital Requirement | No specific minimum share capital requirement is mentioned. |
| Allowed Business Activities | Hospitals, Clinics, Day Surgery Centres, Diagnostic Centres, Rehabilitation Centres, Healthcare Consultancy, Complementary and Alternative Medicine Centres, Wellness Centres, Retail Outlets, Import/Export of Healthcare Products, Industrial Support Activities in Healthcare |
| Company Legal Structures | Free Zone Limited Liability Company (FZ LLC), Free Zone Establishment (FZE), Branch of a Local or Foreign Company |
| Restricted Activities | Activities conflicting with UAE laws and Islamic morals |
| Investor Visa Cost | Visa costs depend on the business package and number of visas required. |
| Employee Visa Cost | Employee visa costs vary based on the company's requirements and the number of visas. |
| Processing Time (Days) | Processing times vary depending on the business setup package and compliance with requirements. |
| Physical Office Required | Yes |
| Office Space Options | Plots of Land for Healthcare Facilities, Warehouses for Medical Equipment, Pre-built Units for Clinics and Laboratories, Offices and Business Centres |
| Office Space Cost | Office space costs depend on the type and size of the facility chosen. |
| Virtual Office Available | No |
| Bank Account Assistance | Yes |
| Bank Account Cost | Assistance with bank account opening is provided; costs vary by bank and account type. |
| Governing Laws | Subject to UAE federal laws and regulations. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | Renewal fees vary based on the license type and business activities. |
| Business Restrictions | Prohibited from engaging in activities outside the scope of licensed operations. |
| Ownership Structure | 100% foreign ownership allowed. |
| Import/Export Restrictions | No No restrictions; businesses benefit from import and export tax exemptions. |
| Benefits | 100% foreign ownership, Zero taxes and duties, 100% repatriation of capital and profits, World-class infrastructure, Proximity to Sharjah International Airport |
| Drawbacks | Specific focus on healthcare and related industries may limit suitability for some business types. |
| Specific Compliance Requirements | Compliance with UAE healthcare regulations, Adherence to SHCC guidelines and standards |
