Setting up a business in Singapore does not have to mean signing an expensive office lease. A virtual office address gives your company a professional presence in the city while you work from wherever suits you. Here are the main reasons business owners choose one.
A prestigious business address
Your address is often the first thing a client, bank or partner sees. A virtual office puts a recognized central business district location, such as Suntec Tower One, on your website, invoices and business cards. That adds credibility, especially for a new or small company.
Much lower costs than a physical office
Renting office space in Singapore is a major expense, and it comes with deposits, fit-out, utilities and long lease terms. A virtual office costs a fraction of that. The money you save can go into marketing, hiring and growing the business. You can compare the options when you see our virtual office packages.
It meets company registration requirements
Every company incorporated in Singapore needs a local registered office address with ACRA. A virtual office address can be used for this, which makes it a practical choice for local start-ups and for foreign owners who need a Singapore address without relocating.
Your mail is handled for you
Letters and parcels sent to your business address are received on your behalf. Depending on the package, mail can be held for collection, forwarded or scanned, so you don’t miss official correspondence, even when you are travelling or based overseas.
Privacy and flexibility
Using a virtual office keeps your home address off public records and away from customers. It also lets you and your team work from home, from a co-working space or from abroad. If you need to meet a client in person, you can book a meeting room when required instead of paying for space you rarely use.
Choosing the right provider
Providers differ in location, mail handling, pricing and support, so it is worth comparing before you commit. Our guide on how to choose a virtual office provider covers what to look for.