The range of business centers is continually growing as more companies seek adaptable and affordable options for their office space and support needs. The prevalence of remote work has also increased demand for meeting room rentals and virtual office services.
The business center sector has a promising future as long as companies look for flexible and creative ways to meet their service and office space requirements. But to reap the benefits of this business, you need to fulfill some requirements to get legal.
DBS will light up the way for you with its services. Are you ready to avail yourself of our services?
Market in Dubai
Dubai is heaven for establishing business centers as it is renowned for its supportive environment for business, benefiting location, robust infrastructure, and diversified economy. However, conducting in-depth market research is crucial, comprehending legal and regulatory requirements, considering the business center’s target market, and executing legal and regulatory compliance checks.
Some key licenses and paperwork, namely a Commercial license from the Department of Economic Development (DED), preparing a Memorandum of Association, Tenancy contract, Ejari registration, NOC from Dubai Civil Defense, and completing the Visa and immigration process, are obligatory.
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Activity: Business Center
License Type: Professional