Uploaded on Oct 14, 2022
There are a few factors to consider when selecting the best office space for your business. The UAE has a wide range of office space options with varying costs and infrastructure. Before committing to an office space in the region, investors must consider a few factors.
How to Select an Office Space for a Business ?
How to Select an Office
Space for a Business ?
Rents for office space vary greatly depending on the popularity of
the Free Zone and the Emirate in which the company is registered.
Additionally, proximity to airports and seaports, as well as the
availability of in-house customs checks, are factors that contribute
to competitive advantage and higher office rents.
For example, a 25-square-meter office in Dubai South Free Zone
costs AED 62,500 per month. Similarly, office space in Northern
Emirates such as Ras Al Khaimah would be significantly less
expensive than in Dubai.
In a nutshell, obtaining an office space for a business in the UAE is
a simple process. The Flexi Desk, Shared Office, and Executive
Offices of various sizes are available in the Free Zones.
The office space can be taken anywhere in the emirate with the
Trade License on the mainland of the UAE, depending on the
Emirates where the Trade License is obtained.
Things to Consider When Choosing an Office
Space
There are a few factors to consider when selecting the best office space for
your business. The UAE has a wide range of office space options with
varying costs and infrastructure. Before committing to an office space in
the region, investors must consider a few factors.
1. Situation
Choosing the right office location is critical for a business. For example, locating
a marketing consulting firm in a business centre or Free Zone is ideal for
networking and scaling up.
Similarly, trading companies prefer to be near airports and seaports in order to
reduce transportation costs and facilitate faster exchange of goods with
international markets.
2. Budget
Office rents in high-traffic areas are always higher. As a result, investors must
consider a budget based on the expected revenue. A company's daily
operations will incur a number of expenses.
Proper funding budgeting is required to always maintain a positive cash flow
and achieve faster business results with less spending.
3. Authorization from the authorities
Certain office customizations, warehouse work, and office fit-outs require
special permission from the authorities.
Companies in the food and beverage industry, as well as light manufacturing,
require Municipality approvals. As a result, investors must be aware of the
approvals needed for the selected business activities and office location.
4. Dimensions and Space
For businesses, office size and space requirements are critical. While renting
office space, the investor should be aware of the square footage and office
space.
The office must have the necessary infrastructure and space to house
employees, furniture, cabinets, devices, and other items.
5. Visa Distribution
Another critical aspect of office space is visa allocation. The visa is assigned to
the company in the mainland of the UAE based on the square meterage.
In addition, there are various visa quotas associated with the size of the office in
Free Zones. For example, in a few of the UAE's Free Zones, having more than
three visa quotas requires having office space.
6. Future Growth
The investor must consider the company's future expansion plans when
selecting office space. The size and location of the office can be finalised while
keeping future expansion goals in mind.
As a result, mainland companies will have the flexibility to hire more employees
and expand their office space in the future.
The investor must consider the
company's future expansion plans when
selecting office space. The size and
location of the office can be finalised
while keeping future expansion goals in
mind.
As a result, mainland companies will
have the flexibility to hire more
employees and expand their office
space in the future.
Ref: h
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/how-to-select-an-office-space-for-a-business/
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