Starting a business for the first time anywhere in the world can be a daunting task. You will need all the help you can get. Luckily, the advent of the business center industry is a blessing to all. Especially the business centers in Dubai, which are helping hundreds of thousands of new businesses thrive in the UAE.
Dubai is seen as the gateway to the Middle East. Its strategic location and unique time zone help businesses located in Dubai to efficiently trade with the rest of the world. As a result, businessmen and entrepreneurs from all over the world come to Dubai. When you base a startup in Dubai, it is already ahead of the curve thanks to all the benefits Dubai provides to businesses located here.
Benefits Provided by Business Centers:
Business centers make it convenient for startups and even bigger corporations to get started in Dubai. They provide business services that help with the daily operation of your business. They also come stacked with the latest technologies and hardware. Combined with an excellent infrastructure, a business center in Dubai is a safe haven for businesses.
Here are the ways a startup can benefit from a business center in 2021:
1. Office Spaces:
Business Centers provide a wide variety of office spaces. No matter what type of business you own, you will find a suitable office space for your business. Business centers provide traditional office spaces, serviced office spaces, coworking spaces, executive office spaces, virtual office spaces, meeting rooms, etc. As you can imagine, it has a solution no matter what your office needs are.
2. Capital Requirement:
Usually, office space is a big investment for businesses. A traditional office space takes a huge chunk of any business’s starting capital. Startups are already low on cash when starting out, and traditional office space will break their wallet. However, business centers provide several choices for office space that are not expensive at all. Startups can choose these office spaces and not break the bank. They can use the saved money to further develop their products and services.
3. Limited Overhead:
The maintenance and other administrative responsibilities lie with the business center the startup will rent from. As a result, the startup will be left with very limited overhead costs. Not only do they save money, but they also save work hours. The administrative staff that will take on these responsibilities will be under the payroll of the business center. This makes business centers very cost-effective.
4. Excellent Support:
Business centers provide support and feedback when you rent office space from them or take any of their services. For example, if you are renting space from them and light needs changing, they will take care of it. Similarly, if you are using their meeting rooms and something malfunctions, there will be troubleshooters and technicians on-site to help you out.
5. State-of-the-art Connectivity:
Business centers have the best broadband connection in the local area. In the 21st century, a good connection to the internet is a must. Whether we like it or not, the world depends on the internet now and the business center authorities know this. So, they always keep the best broadband connection on hand. When you rent office space from them, you will get a dedicated connection for yourself.
6. Top Tier Tech:
Similar to broadband connections, business centers also keep the best technology on hand. You can use the printers, fax machines, and other office equipment there. These office equipment are the best you can find in the market. In 2021, startups require the best technologies or they will simply fall behind the competition.
7. Business Address:
Business centers are usually located in prime locations. It is always beneficial for startups to locate themselves in buzzing commercial districts than in the garage of a residential complex. A prestigious business address helps build brand value. When you put the address of a reputable business center on your business card, your startup will automatically be perceived with prestige.
8. Networking Opportunities:
Many successful and big businesses use the services and office spaces of the business centers in Dubai. When you are working from a business center, you get the opportunities to connect with these businesses and expand your network. You might find that your next client or potential business partner is working right across the hall from you.
9. Business Services:
Business centers provide business and corporate services that help with the day-to-day operation of your business. These business services include accounting services, legal consultations, company formation services, PRO services, etc. That means, if you are starting a business from scratch, then business centers have everything you need to hit the ground running.
10. Flexible Contracts:
Last but not the least, business centers provide certain office space with very flexible contracts. For example, some business centers rent out their coworking spaces monthly, weekly, and some even daily. That means, you can be a freelancer, come in, do your day’s work, and then not return the next day. The COVID-19 pandemic has proven that long-term contracts are very risky. Businesses need a certain amount of flexibility to ensure they do not face staggering expenses if the plans suddenly change.
Services to Expect from Business Centers in 2021
Business centers provide several services that make the daily operations of your business smoother and more efficient. These services take a lot of responsibilities off the hands of the owners of small and big businesses. Business Centers will expand their horizon in 2021 with the aim to make lives easier for business owners. The authorities of these business centers understand that business owners already have a lot on their plates.
Here are the services you can expect from business centers in 2021:
• Government Services:
The Department of Economic Development in Dubai is responsible for handling the registration of new businesses. Business centers will help you deal with them and several other government bodies to start your business in Dubai.
• Visa Services:
The UAE allows several types of visas for business owners and employees working in the UAE. The authorities in the UAE announced the golden visa that allows long-term residency to several categories of investors, entrepreneurs, and students.
• Accounting Services:
Business centers have experts who can complete the VAT registration process for your business. They will also help you with various accounts of your business. They will provide consultations and help you decide the VAT status of your company.
• Business Setup in Mainland:
There are several steps in the process of business setup in the mainland. When you start a business in one of the business centers on the mainland, they will register the business for you.
• Business Setup in Free Zone:
There are several free zones in Dubai, each with its own requirements for registering new businesses. These can be confusing for first-timers looking to start their own business in the UAE. However, business centers have consultants who have started countless businesses in these free zones.
• Trademark Registration:
One of the steps of registering your business in the UAE is to register the trademark of your business in the general journal. Business centers offer services that will help you register the trademark for your business.
• PRO Services:
PRO stands for public relations officer. PRO services in Dubai refer to services where the respective officer will help you in various sectors of your business. These can be to help you deal with things like dealing with government officials, clients, investors, and other business associates.
• Trade License Registration:
There are four types of business trade licenses in Dubai mainland. They are the commercial trade license, the industrial trade license, the professional trade license, and the tourism trade license. The trade license that will best fit your needs will depend on the business activities you mean to perform. Business centers provide services that will help you decide and register for your respective trade license.
• E-Commerce License Registration:
The E-Commerce License was released by the authorities in the UAE to help with the regulation of E-Commerce businesses in the UAE. The E-Commerce license is also known as the online business license here. This is because it allows you to perform the business activities of an online business. Business centers in Dubai provide E-Commerce License registration services.
• Cryptocurrency License Registration:
A lot of businesses in Dubai are currently accepting cryptocurrencies like Ethereum, Bitcoin, Dogecoin, etc. as a form of payment. Business centers will help you with the registration process for the cryptocurrency license, which will allow your business to perform business activities involving the allowed cryptocurrencies in Dubai.
If you are looking for a business center to help, get you started in the UAE, then look no further because you are at the right place. We will help you set up your company in Dubai, provide office space in a buzzing commercial district, and also look after your company after formation. We are Spider Business Center, and we are located in the Conrad Hotel – Business Tower, Sheikh Zayed Road, Dubai.
With Spider Business Center, your office will be located at the prestigious Conrad Hotel – Business Tower, Sheikh Zayed Road, Dubai. Feel free to drop by or contact us at your convenience.
Feel free to drop by or call us at +971 5570 12754. Send a WhatsApp Message for Chat Query on +971 557012754 or email us at info@spiderbc.com