Whether you are running a business in Singapore or you are planning to establish a business in Singapore, you need to have a business address. You can get your business address in Singapore through a virtual office.
Requirements for having a business address in Singapore
Whether you are setting up a new business or expanding an existing company, you need to comply with requirements for having a business address in Singapore. The World Citizenship Report ranks Singapore as one of the world’s top 10 business destinations, with its thriving economy and business-friendly environment.
A registered office in Singapore is a legal address where you can receive government communications and other legal notices. It also serves as the registered address for your company. You should check your mail regularly and ensure that you have a person at your office during normal office hours.
The Singapore government provides several tax benefits to companies. For example, registered companies do not pay capital gains taxes and dividends are not levied. In addition, new start-up companies can claim tax exemptions on the first $200,000 of annual income.
Working from anywhere with a virtual office as a business address
Whether your office of choice is the living room or the boardroom, working from home can be a boon to your productivity, and your wallet. It is possible to do a lot of work from home, and many companies offer services that allow employees to telecommute. Fortunately, there are also companies that offer services that can help you maximize the benefits of working from home.
In terms of the office of the future, you may want to consider a virtual office. This is a service where the occupants of the office are not confined to a single room, and the office is accessible via a network of computers, which are located in a secure facility. These offices are not only cost effective, but they can be easily accessed by anyone who is willing to put in the effort.