Dubai is the most diversified and extensive region of UAE, serving many business opportunities for international investors and foreign trades every year.
In order to promote and encourage foreign investors, the Economic Development Department of Dubai came up with the idea of co-working space in the centre of business sustainability. It is considered as one of the best and the most innovative idea till date.
Business Sustainability Centre
A furnished office space that attaches itself to the business centre that comes with office services and technical support is called the Business Sustainability Centre. It helps to create a business environment with the area measuring not more than 2000 sq. ft. The main aim of the centre is to create business sustainability in Dubai.
The cost of an office can be reduced annually by renting out space not more than 50 sqft that has the approval of business sustainability that meets the regulations of DED. The co-working space comes with many limitations such as
- It is not available for business activities that demand bigger space for office.
- There are limitations on Visa approvals on each desk and may vary according to the business activities
One must register for Shared Office Space in Dubai for Mainland License. They must choose an appropriate centre for business sustainability and also book a shared office space according to the requirements. One must make a Tenancy Contract and Internal agreement and must submit to the Economic Department of Dubai.
Legal Binding
DED is well recognized with the working space which finds its place in the Business Sustainability Centre. It is important to hold 50 sqft with approval of sustainability centre, where the whole process meets the regulations of DED.
Cost and Availability of Shared Work space
There are many business centres that offer Shared Work space starting from 1800 AED monthly. The cost highly depends upon the area and the location of the centre.
One can enjoy their own workspace of 50 sq ft with complete freedom and access to the office amenities and technical support in the business centre.
The shared workspace gives a feeling of a professional environment which otherwise not possible in any other private space. It is cheap and economical and also one can take the advantages of the centre’s amenities like the refreshments and also give an opportunity to expand, explore and learn more about the business.