Understanding the Benefits of Registered Address Services in China
When registering a company in China, a physical office address is generally required, with supporting documentation in the form of a lease contract or real estate license. However, the cost of renting office space is relatively high for many startups, and so many of them often choose a virtual office to address the registered address requirement.
A virtual office is not virtual; it is a physically existing office. The virtual office is provided by a company that specializes in providing a registered address for registration purposes, and it is only used to comply with national regulations that require an address as a registered company address. This is a preferential policy in China to support the development of small and medium-sized enterprises that want to start a business. Entrepreneurs do not need to worry about information verification because the registered address has been filed with the Industrial Commercial Bureau and Tax Department for a record.
Advantages of Virtual Office
A virtual office solves the problem that it is difficult for a startup company to rent an office independently and hire a professional secretary. With a virtual office, they do not have to rent expensive offices in high-end office buildings, not have to hire a full-time secretary or administrative staff, and do not have to purchase a variety of office equipment, office supplies, etc. These will save a lot of money for the startup company.
The address of the virtual office can not only be used as the registered address of the company but the address can also be printed on the business card. Consider what would happen if a customer only got your email or phone number from your business card. It would almost certainly cause distrust among the clientele and cause the company to lose potential business.
In addition, when a company wants to meet with clients or hold a formal meeting, a well-equipped meeting room is essential to enhancing the company’s image. A virtual office can give a professional corporate image to a start-up team or a small or medium-sized company that is short on funds, help conduct business easily, and have high mobility and flexibility. The company only has to pay a small amount of rent each month, which can be paid in installments. This can help companies reserve a lot of cash flow.
