The healthcare sector is thriving worldwide, especially in clinics for sale in Sharjah. Modern healthcare has expanded to encompass a diverse range of fields, including health, beauty, and well-being, in addition to traditional medical treatments. According to projections, the healthcare sector in the United Arab Emirates is expected to exceed $536.5 million by 2025, with a compound annual growth rate of 25%.
Both public and private healthcare systems in Dubai offer top-notch care. Many business owners believe that establishing clinics for sale in Sharjah is a logical step due to the availability of specialized free zones, advanced infrastructure facilities, tax exemptions, a prime location, ease of business setup, and a conducive business environment.
Clinics for Sale in Sharjah
Sharjah is the best-kept secret in the Middle East, where universities, businessmen, and government entities collaborate to create a vibrant home for small and medium-sized enterprises as well as global companies. The emirate includes the city of Sharjah, the central region including Maliha, Al Bataeh, Al Dhaid, and the eastern coast including Khorfakkan, Kalba, and Dibba Al Hisn.
With a steadily increasing GDP, a highly diverse economy, and a growing population of educated, ambitious, and internationally aspiring youth, Sharjah is well-positioned for long-term investment returns, global market access, and skilled talent.
Sharjah is widely known as the cultural capital, industrial hub, and educational center of the UAE. It is increasingly recognized for its pioneering initiatives in sustainability, serving as a global hub for research, development, innovation, and startups. Thanks to exceptional government support, lower costs compared to neighboring emirates, and a culture of innovation, the city is an ideal choice for multinational companies seeking a base in the Middle East.
Situated centrally between Europe and East Asia, with easy access to major international airports and ports on the Arabian Gulf and the Indian Ocean, Sharjah is a strategic investment destination for global companies exploring emerging markets.
What are the documents and steps needed to establish clinics for sale in Sharjah?
When establishing clinics for sale in Sharjah, UAE, you must obtain the correct approvals from authorities. The Ministry of Health and Prevention will conduct a comprehensive verification process before approving.
Likewise, all applicants must correctly fill and submit all required documents with the application form.
Trademark Registration
Decide on the name of your medical institution. Ensure compliance with all UAE government laws and regulations regarding names. Once decided, submit an online application to the Department of Economic Development to reserve your business name and await approval.
Clinics for Sale in Sharjah, Preliminary Approval
To obtain preliminary approval from the Department of Economic Development, submit all required documents mentioned in this section. In addition to the required documents, provide a comprehensive business plan to the Sharjah Municipality for approval of the proposed specialized clinic.
Approval from the Ministry of Health and Prevention
After obtaining approval from the Department of Economic Development, seek permission from the Ministry of Health and Prevention to open clinics for sale in Sharjah. Submit an application to the Dubai Health Authority for a license with a feasibility study for your clinic/business plan.
Clinics for Sale in Sharjah, Submission of Supporting Documents
Submit all necessary documents to the relevant authorities for the registration of your specialized clinic. Double-check all information to avoid any unnecessary delays.
Final Clearance from the Department of Economic Development:
A no-objection certificate, your building contract, a list of medical directors and healthcare experts, and a copy of the initial approval from the Department of Economic Development are required to complete this process. Additionally, you will be asked to pay registration fees before the Department of Economic Development grants your business license upon receiving all permits.
Application for Medical License from the Dubai Health Authority
Create a user ID on the Dubai Health Authority portal to apply for a license from the Ministry of Health and Prevention. Upload the names and contact information of any medical consultants and other experts working in your company, along with your business plan, lease agreement, and other required documents. After a thorough review and accurate confirmation of all your papers, you will be granted permission to open clinics for sale in Sharjah.
How can I reduce costs when starting clinics for sale in Sharjah?
You can decide to start clinics for sale in Sharjah either in the mainland or in the free zone. Each option has its pros and cons. Some jurisdictions are beneficial for specific types of businesses, so consulting with us to determine the jurisdiction that suits your medical practice and allows for the lowest initial costs is essential.
Select the Right Emirate
There was a previous misconception in the UAE that Dubai was the only emirate supporting businesses or investments. However, over the years, it has been acknowledged that all seven emirates welcome investment. Choosing an emirate with optimal growth prospects is a great strategy to reduce setup costs.
Clinics for Sale in Sharjah, Type of Medical Activity
The type of medical activity you plan to establish directly correlates with the cost of business setup. You can opt for a business with lower setup expenses if you have budget constraints.
Consult with a Reliable Business Setup Consultant
Business setup consultants play a crucial role in reducing the costs of starting a medical clinic in Sharjah, UAE. They can guide you on the type of license to obtain, the jurisdiction that suits you for starting your business at minimal costs, and the correct procedures. Hiring reputable consultants in the UAE is a priority.
Obtain the Right Premises
Construction costs may vary among emirates. However, ensuring that your medical business is established in an ideal location is crucial.
What are the benefits of having a Clinics for Sale in Sharjah?
Here is a list of advantages when establishing clinics for sale in Sharjah, UAE:
Medical Tourism
Sharjah's prime location makes it an excellent choice for medical tourism. This practice gradually grows year after year, significantly attracting foreign investors.
Full Ownership
When initiating a healthcare project in the UAE, you can attain full ownership of the company share. Additionally, if you need to liquidate the business, you can recover all earned profits and the invested amount.
Clinics for Sale in Sharjah, Tax Exemption
One of the distinguishing factors that attract many investors to open clinics for sale in Sharjah is the exemption from corporate tax for approximately 50 years, making it a tax-free zone.
No Customs Duty
Starting a healthcare project in the UAE exempts you from customs duties that you would otherwise have to pay.
Strategic Location
Sharjah provides numerous location options for investors. For instance, options like cost-effective free zones serve as ideal sites to meet your business expectations.
Clinics for Sale in Sharjah, Multifaceted Collaboration
Sharjah's location knows no bounds when it comes to collaborating with various industries. It is much easier for medical and healthcare industries to collaborate with different companies.
What types of businesses can you start in Sharjah Medical City?
Sharjah Medical City offers a wide range of licenses that allow you to practice various types of business activities in the free zone. Permitted licenses include healthcare, service, commercial, and industrial licenses. Business setup consultants in Sharjah can assist you in choosing the appropriate license. The following are the types of activities allowed in Sharjah Medical City:
- Hospitals, clinics for sale in Sharjah, and day surgery centers.
- Diagnostic centers, rehabilitation centers.
- Healthcare consulting services.
- Free and alternative medicine clinics (e.g., Ayurveda, holistic treatment, etc.).
- Import/export, manufacturing, distribution, and storage of healthcare-related products, equipment, and accessories.
- Industrial support activities in the healthcare sector such as assembly, re-packing, production, and re-export.
What Facilities Can I Obtain in Sharjah Medical City?
Sharjah Medical City's free zone provides the perfect infrastructure for establishing various healthcare facilities. Let's take a look at some of these facilities:
Land Plots for Lease
Land plots are available for lease, facilitating the construction of healthcare facilities.
High-Quality Warehouses
State-of-the-art warehouses are provided for storing and assembling medical equipment.
Clinics for Sale in Sharjah, Prefabricated Structural Units
Pre-made structural and foundational units are available for constructing clinics and laboratories.
Offices and Business Centers
Facilities for offices and business centers are also part of the offerings.
Is Establishing Clinics for Sale in Sharjah Profitable?
According to World Bank estimates, the population of the UAE is expected to grow from 9.4 million in mid-2017 to nearly 11.1 million by 2030, with an expected average life expectancy of 79.8 years. Additionally, the population aged 65 and above is anticipated to increase from 1.1% to 4.4% by 2030.
As per statistics from the Ministry of Economy, the UAE represents 26% of the total healthcare spending of the Gulf Cooperation Council (GCC) governments. The UAE's healthcare expenditure of around $1200 per individual places the country among the top 20 globally.
Furthermore, the demand for healthcare is expected to rise in the GCC region due to population growth and increased healthcare needs. Hospital bed demand in the UAE is projected to grow by 160% by 2025.
Benefits of Establishing a Business in Sharjah Medical City
The business environment for setting up clinics for sale in Sharjah Medical City is ideal for healthcare investors. Here are some reasons that make Sharjah Medical City in the UAE a compelling choice for business registration:
- Offers advantages such as 100% foreign ownership, exemption from customs duties, 100% repatriation of capital and profits, and world-class infrastructure.
- Simplifies the licensing process through a one-stop service.
- Strategic location in Sharjah, the third-largest emirate in the UAE.
- Cost-effective living and business practices in Sharjah.
- Proximity to airports, highways, and seaports makes it ideal for import/export and medical tourism.
Types of Healthcare Businesses in Sharjah
In Sharjah, individuals can invest in various medical and healthcare sectors. Here are the types of healthcare business setups in Sharjah:
Healthcare Consulting
With the healthcare sector rapidly growing, there is substantial demand for healthcare consulting services. Competent consultants can help medical facilities stay ahead in the competitive landscape.
Mobile Clinics
These are often referred to as clinics for sale in Sharjah that operate externally. Mobile medical facilities provide services without the need for patients to spend nights in clinics or hospitals, offering rehabilitation, minor surgeries, and wound care services.
Clinics for Sale in Sharjah, Non-Profit Healthcare Organizations
Establishing a non-profit healthcare organization can assist individuals in need throughout the UAE or those who are disadvantaged.
Healthcare Investment Management
Another type of healthcare business in Dubai is an investment management company that can manage financial resources and investments in clinics for sale in Sharjah, hospitals, and various other healthcare institutions.
Medical Publishing
Starting a medical publishing company allows targeting both students and healthcare professionals. Medical research papers, journals, online content, medical books, studies, and databases are some of the numerous formats that make up the medical publishing sector.
Clinics for Sale in Sharjah, Higher Education Service Providers
The global education market is thriving, offering numerous golden opportunities in healthcare education or medical industries. In Dubai, you can establish a medical university, a company offering technical education in healthcare, or a medical college.
Professional Development Training Centers
These centers consist of highly qualified and experienced individuals who maintain the standards of services provided by medical facilities such as clinics for sale in Sharjah and hospitals. Opening a center offering short and long courses in clinical skill development, human resource training, developmental training, behavioral and social training, and courses in various other related topics is possible.
