Saturday, 23rd July 2022 – Business Link is proud to assist TruMed Pharmacy in the launch of its startup. As their chosen business consultancy, Business Link worked towards obtaining a Health Facility License and assisted TruMed in setting up a Community Pharmacy.
Licenses under the Dubai Health Authority usually entail lengthy procedures. Business Link, however, has been able to work together along with our client to successfully obtain a Health Facility License on their behalf.
Setting up a pharmacy is a lucrative investment opportunity that many are looking into currently. Undeniably, it is one that is highly profitable and has the potential to flourish immensely.
To understand this license better, we spoke to one of Business Link’s most well-experienced company formation advisors, Mr. Shamnas Shamsudheen. With him, we discussed all that goes into the process of obtaining a health facility license.
According to Mr. Shamsudheen, the process of successfully obtaining your pharmacy license involves going back and forth with the Department of Economic Development and the Dubai Health Authority. “Having to run between the two entities is why most people prefer working with business setup consultants to obtain their pharmacy license.”
Mr. Shamsudheen also revealed some key features within the process that most people are generally unaware of. “For starters, owners, shareholders, or managers do not need any past experience in the field of medicine. Additionally, they do not need any sort of qualification in the same field either. These provisions are specifically set for pharmacists or medical directors.”
“Secondly, to proceed with your application, you must only hire pharmacists with a valid DHA license,” said Mr. Shamsudheen.
He also went on to discuss other requirements that play a great role in the decision-making process. This is the condition to submit a letter that states how your pharmacy plans to benefit the country.
“Pharmacies, clinics, hospitals, and other facilities involved within the healthcare department are known to do great in the UAE. The need for such institutions is never-ending. Thus, allowing them and those involved to grow and flourish abundantly,” concluded Mr. Shamsudheen.
If setting up a business in the healthcare sector sounds interesting, get in touch with our expert advisors!
About Business Link
Business Link is one of the leading corporate consultancy firms, offering trusted business setup and corporate solutions within the UAE and KSA. Since our inception in 1999, we’ve built a name for ourselves as the most trusted business consultants in the country, having achieved almost 100% client satisfaction.