Many might look at the bright lights and big cities of the United Arab Emirates (UAE) and get the impression that it is an environment dominated by only the most prominent businesses. However, while it’s definitely true that many of the world’s largest and most prestigious organizations do business here, the Emirates is also home to a growing number of SMEs and startups.
One of the many purposes, why so many businesses and entrepreneurs see success in Dubai, is the ease of doing business and easy incorporation.
Like the coworking license, for example.
A mainland coworking license allows the most affordable route to a mainland business setup in the UAE today. Under such a license, you are allowed to trade from the UAE mainland without taking on permanent premises. Rather, you can make use of one of the country’s many coworking spaces – giving you entrance to the broader UAE marketplace without costly overheads.
Dubai Co-Working Space License in Mainland
The Dubai mainland coworking license issued by the Department of Economic of Development (DED) in Dubai is the most affordable ones in the UAE.
It is uniquely designed to accommodate you with the benefit of a Dubai Mainland setup and coworking facilities in Dubai, allowing you the flexibility to conduct business throughout the UAE and the accessibility to a vibrant coworking community in Dubai.
Benefits of Obtaining a Co-Working Space License in the UAE
Currently, coworking space is gaining colossal popularity the world over. There are now estimated to be around 11,000 coworking spaces worldwide, servicing some 1.2 million people. Here are 5 reasons why so many people are turning to this adaptable way of working -
1. Increase Productivity
Coworking spaces allow the perfect middle-ground between the often stodgy nature of a corporate office and the casual surroundings of your home or the local coffee shop. Less formality, coupled with lesser distractions, often leads to higher productivity for those of us that don’t thrive in either the super corporate or super relaxed environment.
Coworking spaces enable you to work by yourself, but not alone. As a solo entrepreneur or freelancer working from home or a solo office, it’s easy to feel cut off from the rest of the local community. Coworking spaces bridge that gap, bringing you closer to likeminded people, often to the advantage of your business.
Coworking spaces provide great flexibility. You can practically make use of the space as often or as little as you wish. As your company expands, you also have the option to grow and take on your premises at your speed.
A coworking license permits you to make use of premium office facilities in prime locations without taking on much of the cost. You don’t have to worry about utility bills or any other overheads. Turn up with your laptop; everything else is taken care of.
5. Less Isolation
Coworking spaces aren’t just a good idea for your company; they can be useful for your mental health too. Working alone can be exciting at the best of times; it’s even more challenging in the lonely early stages of a startup. Working in a shared space permits you to feel part of a community.
Procedure to Apply for Dubai Mainland Co-Working Space License
The procedure to apply for a mainland coworking space license is similar to other business licenses in the UAE. Here’s all you must know -
- Choose your business activity. This step is necessary as your license states every activity that you intend to undertake. Carrying out unlicensed activities can lead to fines or even revocation of your license.
- Choose a business name. Adhere to the standards and guidelines stated by the UAE government before finalizing on a name
- Get initial approval from the relevant authorities
- Sign the MoA or Local Service Agent Agreement
- Apply for your immigration file
- Receive your visa
Applying for a coworking license in Dubai, UAE is not overly complicated. However, it does need some prior knowledge of the licensing requirements in this part of the world. Any confusion or misinterpretation during the application procedure could lead to errors in your submission, which could cause delays.
We at Commitbiz can help you with it. If you are looking to set up your business in Dubai, get a free zone license, or start a business in Dubai, then our specialists can assist you. From visa applications (to all the necessary admin tasks, we handle it all – leaving you free to get on with your business. Contact us today!