Office is an integral part of every business. The modern inventions like messaging apps, video services and cloud computing have reduced the need of a physical office for small businesses but the rules in UAE made it mandatory for companies in both mainland and free zones to rent an office. The only way you can avoid this necessity is by setting up an offshore company as office space is not required in this case. Though, this requirement of office space will increase cost of startup business but surviving this slightly difficult period increases the chances for growth of your business due to tax free profits and other incentives provided by UAE for foreign entrepreneurs.
In different emirates of UAE, you can rent office of various prices according to your requirements. In general, the prices of offices in major cities of UAE are less as compared to most of the other developed cities in the world like London, New York, Tokyo, Beijing, Singapore and Mumbai.
Types of offices in UAE:
You can choose office for your new company in UAE based on factors like company registration in a free zone or mainland, time of lease for room, a specific location, size of the room and others. You will only need a ‘smartdesk’ in case of your company in a free zone but renting a bigger office space is required if you want to expand your business. Following are the main types of offices that you can acquire in UAE for a new company.
This office is owned and managed by a third party. You will get all the requirements of your business immediately after renting the office like phone, desks, internet access etc. and their cost will be adjusted on monthly rent.
These premises provide affordable option for a perfect office space and environment for a new company. These serviced offices are easily available for rent and you can open your company in such offices in just few days.
You can have other benefits of such offices as most of these serviced offices are owned by international chains and members of all these offices can use their other premises in different parts of world. If you are setting up your business in mainland UAE and want to lower your initial costs then these serviced offices are best for you.
You can have other office options if you are setting up your business in mainland UAE. These onshore companies can use sublets, mixed used buildings (both residential and commercial use) and shell & core (offices that require decoration and fitting) for office purpose. A benefit for onshore offices is that you can use these offices for longer rental periods whereas you are required to sign up a minimum length of contract in other offices. You can even get discounts in rent for agreement of longer periods in these onshore offices.
But it should be remembered that bills for services are most important part of rents and you have to pay them in the first occurrence on most of the occasions. On most of the times, you will require decoration and furnishing of your onshore office. In case of longer agreements, you may also suffer higher fines for early termination of rent.
Serviced officers are good for those who want to pay a fix rent for longer period of lease.
Free Zone Offices:
These offices are present inside free zones. There are rules in these free zones that you may require minimum amount of space in case of employees and you are required to rent an office according to your license jurisdiction, visa and business activity. Different free zones allow specific type of business and few of these specific free zones are media free zones, medical free zones and others. These free zones offices are best option for you if your business is in free zone and they will provide appropriate office space and facilities for you according to your business requirement.
These are the major types of offices that you can find in UAE for your new company. Details of all these offices are given above through which you can select the office according to your requirement and expenditure you can afford. For further queries, you can communicate with Riz & Mona Consultancy that provides business advisory for every type of business in UAE. You can call our WhatsApp # +971 56 9971225.