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Healthcare provides one of the most crucial services to the general populace. This includes manufacturing, importation, wholesale, and retail of medicine, provision of health-related services, manufacture, importation, and operation of medical devices, and the like. Given the sensitive nature of the industry, the government has several regulatory bodies that monitor and control it. Despite the regulatory strictness, the government has put in place legislation that provides incentives to certain healthcare fields in order to make it affordable and within reach of as much of the populace as possible. It is thus crucial for businesses in the healthcare industry to be fully compliant to these regulations, as well as try to take advantage of benefits granted to it by the government.
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