Great reasons to set up your new business in Vancouver with the friendly help of MAKAM
So, you’ve done the hard part! You’ve had a fantastic idea for a new startup, you have the funding and now your looking for an equally great place to call home. The city of Vancouver is an exciting place to set up your new business at the moment, and the city has seen major growth in the past ten years.
Here at MAKAM construction, we have already helped numerous client start their new venture, ranging from the opening of new dentists surgery to lawyers offices and other professional spaces. In this article, we explain five of the best reasons why to set up your business in Vancouver, and how we can help you along the way with the renovation and customization of your new workspace.
Great quality of life
Vancouver was the only North American city to break into the top 10 of the Mercer rankings for the quality of life in cities around the world. Ranked as the American city with the highest quality of life, Vancouver was rated 5th in the world by the study.
The judges for the Mercer survey suggested that the large number of open spaces in Vancouver combined with its numerous and varied cultural centres make it a great place to live and work.
Most sustainable city in the world by 2020
Mayor of Vancouver Gregor Robertson is a supporter of creating sustainable cities, and recently launched a campaign to develop Vancouver into the greenest city in the world by 2020. Many studies have shown that sustainable cities are great, healthy places to live, making a move to Vancouver a very enticing proposal.
In 2017, Vancouver's economic growth was forecast as 2.4%, making it amongst the fastest growing metropolitan economies in Canada. Employment growth was forecast to be at around 14,000. The construction, finance and real-estate industries were all predicted to make attractive gains, making the city an ideal place to set up a new business or get onto the property investment ladder.
Great government support
Vancouver city council make the process of setting up a business very straightforward, and any resources needed throughout the process can be found on their website.
The process of applying for a tenant improvement permit (TIP) in Vancouver is equally straightforward. Works of this type require a permit, which can be obtained from the city of Vancouver council.
Apart from the ease of the process of setting up your new business, the British Columbia Government have introduced more than 100% tax cuts in the past eight years, meaning that the region now has some of the lowest taxes in North America.
MAKAM can help you with all stages of the project. If your thinking of carrying out improvements in a rented property, you’ll need to get a tenant improvement agreement with your landlord. We specialize in this process, and will be here to help you through it.
If the above points have whetted your appetite, and your ready to make your first steps in setting up a business in Vancouver and developing quality office space, contact us today to arrange a consultation with one of our friendly and experienced staff.