A growing number of advertisements offering to set-up businesses in Dubai with 'virtual' offices has prompted the Dubai Department of Economic Development (DED) to issue a warning that any business operating from a “virtual office” is illegal.10 Apr 2011
Is it legal to use virtual office?
In short yes. Virtual offices are legal to rent, hence why they're in such high demand for freelances, small and medium-sized businesses. Some firms might not need a physical office to carry out their duties and so they see no benefit in renting out traditional office space. 28 Feb 2019
Are virtual offices illegal?
In short yes. Virtual offices are legal to rent, hence why they're in such high demand for freelances, small and medium-sized businesses. It may be perceived as illegal due to the intricacies and confusions that could arise in response to taxation and business registration laws.28 Feb 2019
How can I open virtual office in UAE?
- Choose a free zone where you wish to set up your virtual office.
- Check out the rules and regulations that the free zone has in place for setting up a virtual office.
- Look for business centers, virtual office service providers in the area.
Are virtual business addresses legal?
Any business can make use of a virtual business address. Whether you're a sole proprietor or you run your company as an LLC or a corporation, you have the option of using a virtual office address as your business' legal address.14 Oct 2021
How much do virtual offices cost?
Costs for using a virtual office can range from under $40 to more than $200 per month. The more services that are added on, the more expensive it will be. Second, a virtual office can provide a mailing address, telephone answering, and videoconferencing services.
Can you have a virtual office in Dubai?
In a virtual office for rent in Dubai, clients don't need to have any physical space or rental contract to avail the services. They get a business address, dedicated telephone answering, and even fax and email services as and when needed with just a monthly fee.
How much does it cost to rent an office in Dubai?
Annual office rental rate in the emirate of Dubai 2012-2017 In 2017, the annual rental rate of office space in the emirate of Dubai was about 511 U.S. dollars per square meter.18 Dec 2020
How can I start a virtual company in UAE?
- REGISTER THE COMPANY.
- UPLOAD THE DOCUMENTS.
- TRACK THE STATUS OF YOUR VIRTUAL COMPANY LICENSE APPLICATION.
- Confirm your identification at VFS Global.
- PAY THE COST OF THE VIRTUAL BUSINESS LICENSE.