Every year more and more companies are choosing to relocate their business to Dubai or UAE in general. Others are opening their regional headquarters and branch offices in Dubai as they are expanding. If you are an entrepreneur and just starting out then Dubai seems to be the place to start your business in.
Why Dubai? That is because the UAE has some of the best tax laws i.e. most businesses have to pay almost zero tax and the rules and regulations of the country heavily favor businesses. On top of that Dubai has the best infrastructure for companies to operate in, like its many Business Centers.
So, if you are thinking of opening a business in Dubai and need an office to rent, then you need a business center. In this guide, we will tell you what a business center is and how and why you should rent one in Dubai.
What are Business Centers?
Business Centers are workspaces specifically designed to cater to the needs of businesses. They are particularly suited for young entrepreneurs and new companies that are just starting out and work just as fine for established businesses as well who are looking to relocate or branch out.
Business centers have all the necessary infrastructure a business may need. From empty offices to fully furnished workspaces, companies have a variety of options to choose from.
Types of Business Centers in Dubai
When we talk about types of Business Centers, we can categorize them into different types based on two things. First are the general types of business centers that can be found anywhere in the world and are as follows.
- Private Offices: As the name suggests these are private offices that you can rent out and the amenities available vary depending on your needs.
- Shared Spaces: These are coworking spaces that you may share with another business. It might include one reception for multiple businesses or a conference room and other such amenities.
- Virtual Spaces: Virtual spaces are just business addresses with mailing services with no actual physical workspace and are normally used as professional images.
However, when it comes to Dubai itself, besides choosing from the above options, there are other types that you can select from and these are as follows.
- Free Zone Business Centers: These are business centers that are located in Free Zones specifically designed for businesses and outside investors. Free Zones provide 100 percent ownership and almost no taxes at all, making business centers here highly appreciated.
- Mainland Business Centers: These business Centers are located on the mainland UAE and as such are liable to pay taxes, like VAT or Corporate Tax, and to have a business on the mainland you need a sponsorship from a UAE local.
Why Business Centers in Dubai can be a good fit for you
There are many reasons that make Business Centers in Dubai an obvious choice for you to rent an office space. For starters, they are specifically designed to cater to the needs of businesses and if they are located in a free zone or a business district, they are the obvious choice.
But there are other reasons as well and here are a few of them for selecting these business centers.
Easy Affordability
If you were to rent out a space yourself and turn it into an office space, it would be quite costly, not to mention the hassle. You will have to get it up to code, make sure you have all the permits and all the regulations are being followed and all these costs add up, especially if you are new.
But renting a space in a business center will free you of these worries and if you are sharing the space with others, then it will significantly cut down your renting cost.
Readily Available Amenities
Business Centers come with all kinds of amenities, depending on your needs. If you want a fully furnished workspace, you can get it, a designated parking space, fast internet, access to a reception, catering service, or cleaning service, whatever you can think of, you can get it.
Business Networking Opportunity
Having an office in a Business Center in Dubai means you are situated next to other businesses and companies. This creates a great networking opportunity for you as you get to intermingle with them, create new contacts, expand your business, and even take part in a joint venture.
Compliance with Dubai Regulations
United Arab Emirates is a country with strict laws and regulations for both businesses and individuals and as such to operate a business you need to follow all the rules and regulations. These regulations also apply to the office you are renting and by renting space in a Business Center you don’t have to worry about compliance.
Criteria for Selecting a Business Center in Dubai
Now that you know what you are getting out of a Business Center, it is time to see how you will select one by checking your criteria. Here is how you go about selecting a business Center in Dubai.
- Location: Location is the key to finding the right Business Center. You need to make sure that you are renting your office in a place that fulfills all your needs. Where your employees and clients can easily access it and have all the amenities that you may need.
- Cost: Money moves the world and costs are a huge deciding factor in selecting an office space in a business center. You want a workspace that is professional and presentable but at the same time cheap and affordable.
- Size of the Office Space: Next you need to decide how much space you need and how many employees you need to accommodate and does the business Center have what you are looking for.
- The Atmosphere: You can find business Centers located in the posh areas of Dubai, and you can find them in more affordable areas. It all depends on what kind of atmosphere you are looking for and ultimately if you can afford it.
Good Business Center Locations to Consider in Dubai
Now that you know what kind of Business Center you want and how you can get it, here are a few options in Dubai that you may want to look at.
- Dubai Production City (IMPZ)
- Jumeirah Lakes Towers (JLT)
- Dubai Silicon Oasis (DSO)
- Dubai Internet City (DIC)
- Dubai International Financial Centre (DIFC)
- Dubai Media City (DMC)
- Dubai Knowledge Park (DKP)
- Sheikh Zayed Road
- Business Park in Dubai
- Business Bay
