How to Select an Office Space for a Business ?

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How to Select an Office Space for a Business ?
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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-to-select-an-office-space-for-a-business/
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