Renting premises is a huge expense. When hiring a traditional office space you can't simply pay on a month-by-month basis, and then opt-out of the contract if business doesn't do so well – you will usually be bound to a fixed term of 3-5 years. In addition you'll have to purchase all of the necessary communications systems; furnish and decorate the interior; and establish your brand in the area. A serviced office is essentially a pay-as-you-use space, and they usually have plenty of benefits that make them a more than worthy investment. When you are seeking serviced office supplier bear this in mind Access to pay-as-you-use facilities - With a serviced office space you'll only ever pay for what you need Improve your chances to test new markets - With a serviced office you can test multiple markets in different locations without a significant long-term investment. No downtime when moving in - Serviced offices are already set up and ready-to-use Access to high-quality equipment and trained staff – with a serviced office you don't have to buy equipment or hire full-time staff requiring large overheads. Maintenance comes as standard - With a serviced office this cost is included in the rental fee, allowing you to save time and money hiring cleaners and technicians to maintain the office space. The DEWA, AC and Building Service charges are also in the monthly fee.
A Free Zone or Free Trade Zone or Free Economic Zone, is a designated geographical area where certain taxes or restrictions on business, employment or trade do not apply in the same manner that they apply to the country in which the zone is located. An area within which goods may be landed, handled, manufactured or reconfigured, and re-exported without the intervention of the customs authorities. Only when the goods are moved to consumers within the country in which the zone is located do they become subject to the prevailing customs duties. Free Zones are often organised around major seaports, international airports, and national frontiers — areas with many geographic advantages for trade.
DMCC, a strategic initiative of the Government of Dubai, was established in 2002, with a mandate to provide the physical, market and financial infrastructure required to set up a commodities market place in Dubai. DMCC offers a unique opportunity for market participants in a wide range of commodities industries in four broad sectors including precious commodities (gold, diamonds, coloured stones and pearls), energy related sectors, steel and base metals and soft agricultural commodities (tea, cotton and others). The Centre aims to attract key players throughout the entire value chain of each of these commodity sectors, together with a range of support industries such as finance, logistics, consulting and insurance.
In summary, DMCC Free Zone companies enjoy 0% corporate and personal tax for 50 years, 100% foreign ownership, simple set up process, assistance with sponsorship of employees and many other UAE government related services, which incorporate a wide range of affordable property choices.
The number of visas that your company is eligible for depends on the size of the office. Approximately one visa per 10 square metres is available, but this is assessed on a case by case basis by DMCC, and will depend on the business activities being carried out.