Business Center License in Dubai
Business Centers are known for establishing the best start ups as well as supporting the growth of businesses of all sizes.
Best centers are mostly cost effective and a one point solution for those investors who are looking to have an office with all the basic amenities at zero additional cost.
Some of the business centers are registered legally with freezones and they help in ensuring an investor to get the bank account easily open with a physical location in Dubai and its cost effective.
ADVANTAGES
- Obtaining a ready to move in business center will allow you to reduce the initial set up costs involved for the designing and arrangement of an office
- Business centers provide various facilities like reception, meeting rooms, coffee machines, access to scanner, mail management hence any person would prefer to utilize all these amenities without having to pay additional costs
- Business centers guide a new investor in assisting with all legal requirements for the office like the fulfillment of the legal document of Ejari and tenancy contract also co-ordinate with bankers in providing relevant documents for opening bank account
- As an investor every person wishes to have a beautiful office location and well-designed office with furniture’s in the appropriate place and a business center can comply with this requirement
- Cost Consideration- A business center facility allows a startup or an SME to be free from their day to day expenses of maintenance or running an office cost
ACTIVITY DESCRIPTION
Business Center
Activity Code 6810007
Activity Group Real estate
License Type Professional
Activity Description Includes complexes comprising furnished and technically supported offices in order to become professional business environment, the support involves reception, telephone answering and mail, internet access, meeting rooms, secretarial services, , it includes also document processing and clearing for the businessmen located in the center, office occupancy in the center should not exceed four years.
Important Requirements for Business Center License
- The legal type for the license can be obtained as an LLC, Sole Establishment or Civil Company
- The activity Fees for this activity will be AED 25000 annually apart from the license fees
- There will be RERA Online training for the manager of the company and the same will be done within 4-5 hours
- The cost for the RERA Training is AED 520
- The minimum office space required is 5000 sq feet
- A client having the business center license will be able to give Ejari to clients who are renting in the Business Center
- Layout of the office has to be submitted to Dubai Municipality and the Land Dept. for the approval
- After Interior Fit out, Inspection will be done from Municipality and RERA
- With additional approval, the business center can also add sustainability center activity to provide desk facility to clients
This blog is written by Ms. Florine Das, Director (Client Relationship) at Flyingcolour Business Setup, Accounting & Tax Services in Dubai & across UAE . Feel free to call us for more info about business center license in Dubai or anywhere across the UAE. You can also send your inquiry to info[at]flyingcolour[dot]com or call +971 4 4542366.
*Please Note: This article was published on 14th December, 2020. The information provided in the article is based on the policies and rules applicable at the time of writing it. Talk to one of our consultants for any recent update or change.
