Medical or Healthcare is one of the highly profitable business industries all over the world. The UAE is well known for providing excellent and advanced opportunities for people wanting to start a medical equipment trading company in Dubai.
The country aims to provide the best diagnostic and treatment facilities to patients. It is recognized for its top-notch health care services for its citizens. To maintain the standards, medical professionals in the country require quality medical equipment to provide quality services.
This has invited a lot of medical professionals or businessmen from around the world to start a medical equipment trading company in Dubai.
The government of Dubai offers a lot of advantages that help in the development of the healthcare facilities of the country. The city has a world-class infrastructure and exceptionally good transportation and logistics services that make it easy for people to connect from different parts of the world. With all these benefits, you can also easily start your own medical equipment trading business in Dubai.
Read the blog further to get all the necessary information on how to start a medical equipment trading company in Dubai.
Why Start a Medical Equipment Trading Company in Dubai?
The demand for medical equipment is at an all-time high, driven by the needs of hospitals, clinics, and citizens for quality healthcare solutions. Establishing a medical equipment company in Dubai not only presents an opportunity for significant profits but also allows you to contribute to community health.
Additionally, the UAE government offers numerous advantages for businesses, including ease of setup, 100% foreign ownership, and flexible location options. This makes Dubai an ideal hub for entering the medical equipment market.
What are the Requirements to Start a Medical Equipment Trading in Dubai?
1. Obtain MOH Approval
Get approval for all the medical devices from the UAE Ministry of Health (MOH) Drug Registration and Control Department.2. Complete Application Form
Fill out an application form, and get it signed and stamped by a notable authority in the company.3. Submit an Attested Authority Letter
Issue an attested original letter to a local establishment, giving an authority to submit the registration files on their behalf to the Drug Department & Distribution Rights.4. Acquire ISO Certification
Acquire a valid ISO certificate from the corresponding authority in the country of origin for each site being used for the legal manufacturing process of medical devices.5. Provide a Company Profile
Submit a detailed company profile.6. List of Products
Attach a list of products manufactured or assembled by the site.7. Obtain a Manufacturing License
Acquire a legal manufacturing license from the competent authority in the country of origin. Once you complete the procedure, the UAE Ministry of Health will provide a registration number with a 5-year validity.Documents Required to Open a Medical Trading Company in Dubai
- A properly filled application form, is provided by the DED to register your medical equipment trading business in Dubai.
- Submit an authorized letter to the Ministry of Health to get the required permission for the imports of medical devices.
- A detailed profile of your company.
- Submit a list of all the products manufactured and imported to the UAE.
- Present the manufacturing license of the company in the country of origin.
- Submit all the necessary documents for the successful completion of the registration process.
- Get a license of the medical warehouse issued by MOHAP.
- Show the license of the pharmacist who will be in charge of the warehouse.
- Submit a valid trade license of the warehouse.
- Product Minor Variation Certificate, if any.
- Information, catalog, and pictures of each product as per the invoice.
- Product Registration Certificate, if any.
- Get a certificate of free sale (issued by the government).
- Good Manufacturing Certificate (GMP)
- Purchase invoice that includes the country of origin and dates of production and expiry.
- Product Quality Certificate (C.E. – ISO – FDA Certificate)
What is the Procedure to Start a Medical Equipment Company in Dubai?
Setting up a medical equipment company in Dubai involves obtaining permissions, approvals, and registration of your company with the UAE Ministry of Health and Prevention. If you are thinking of starting one of yours in Dubai, you must follow the below-given steps:
1. Obtain Initial Approval
Obtain initial approval from the Department of Economic Development (DED)2. Trade Name Approval
Get your trade name approval from the DED.3. Draft a Memorandum of Association (MoA)
Draft an MoA and get it signed by all the people involved in your business directly.5. Secure a Business Location
It is mandatory to rent a space for operating your business. Don’t forget to register with Ejari to acquire your tenancy contract and unique Ejari number.6. Submit Required Documents
Submit the obtained tenancy contract and unique Ejari number.7. Obtain a Trading License
Obtain your trading trade license to operate your business activities in Dubai.Cost of Medical Equipment Trading License in Dubai
The cost of a medical equipment trading license in Dubai typically ranges from AED 21,395 to AED 25,000. This license enables you to legally operate a medical equipment trading business, providing access to the commercial market and ensuring compliance with local regulations. Investing in the proper licensing is essential for success in the thriving medical sector of Dubai.
Start a medical equipment trading with Shuraa
The process to register your medical equipment business in Dubai is easy. However, the paperwork involved can be too much to handle alone. We suggest you take help from experienced company formation experts in Dubai. You can connect with business consultants at Shuraa Business Setup & its Branches across the globe.
If you are in India, you can also reach Shuraa Business Setup. Set up your medical equipment trading company in Dubai without any hassle. All you have to do is call us and let us know your requirements. We will help you arrange the required documents, get them approved, and acquire your license at a low cost.
