UAE is known for its robust, vibrant economy and favorable company setup conditions for all types of businesses. In particular, the medical sector is a booming industry in Dubai. As medical tourism continues to thrive and contribute handsomely to the Dubai economy, there is an increased demand for high-quality medical equipment.
So, if you are interested in setting up your own medical equipment trading company in Dubai, then you are in luck. The process for a trading company set up in Dubai is relatively simple, and with the help of a professional agency for company set up in Dubai, you should get your business up and running in no time!
How to Set Up a Medical Equipment Trading Company in Dubai
If you are interested in setting up a medical equipment trading company in Dubai, then there are a few requirements to keep in mind.
The Ministry of Health (MOH) is the regulatory body for all pharmaceutical devices, equipment, and resources in the UAE. Therefore, a license must be issued by the MOH before a successful and legitimate company setup can take place.
Here is the criteria for a successful company set up for medical devices:
- The company must register itself with the Ministry of Health (MOH) with all relevant business activities mentioned on the DED license
- Filled application form, signed and stamped by an authorized person in the company setup
- The company must issue a notarized and authorized original letter to a local establishment, providing authority to submit the registration files on their behalf to the Drug Department & Distribution Rights
- Legal and valid manufacturing license issued by the relevant authoritative board
Once the application procedure is completed thoroughly, then the Ministry of Health (MOH) will review the application. Once the application is approved, then the medical equipment trading company is granted a registration number with five-year validity. After this, the business is eligible to set up and operate its medical equipment trading company in the emirate.
Furthermore, it is important to note that all the medical equipment must be approved by the Ministry of Health (MOH) Drug Registration and Control Department. In other words, the medical equipment trading company must approve each piece of medical device or equipment by the Ministry of Health regulatory department, to legitimize and legalize the trade of the medical devices.
A medical equipment trading company in Dubai is not only in high demand, but it can have a very profitable return for business owners. With its easy registration and setup procedures, UAE is certainly the best destination for setting up a medical trading company.
A specialist consulting agency for company setup in Dubai can help you successfully and easily complete the procedures needed for obtaining the medical equipment trading license. Moreover, it will help you complete the application thoroughly so that you can quickly set up your medical equipment trading company.
IBG Consulting is the leading company set up agency in Dubai. We can help you successful startup your medical device trading company in a stress-free and hassle-free manner. Contact us for more information about company setup in Dubai.