Virtual Office

Singapore-based startups raise S$11.2b in 9M 2021, more than double the whole of 2020. SINGAPORE remained the top destination in South-east Asia for startup investments. How can Virtual Office facilitate business to startup fast ?

Purpose

The objective  of getting a virtual office provider is to “rent” their business address as your own. Instead of the usual leasing of office space, virtual office is an excellent way to cut down risk in starting a business.

With this business address, you can use it as a registered business address (or registered office address) when you register with ACRA (Accounting & Corporate Regulatory Authority – www.bizfile.gov.sg) – . Besides, it allows;

• Put it in your name cards, letterheads, rubber stamps, envelopes, mailings, greeting cards, etc.
• Open a bank account, apply for government grants, etc.
• Use on any official documentations.

Requirements of ACRA on Registered Office

ACRA expect registered office is open and accessible to the public for at least three hours during ordinary business hours . Companies and directors that fail to comply with this requirement may be fined up to S$5,000.The registered office must be an address in Singapore. More details at Registered Office Address (acra.gov.sg).

Why Parkway Suites ?

In short, Virtual Office services are a range of professional business support solutions suitable for both emerging entrepreneurs and established . In other words, Virtual Office create a credible presence for your business anywhere in the world – without the cost of a full-time physical office.

Besides being Virtual Office provider in Singapore, we also provide  flexible lease terms to reduce overhead costs and make it easier for you upgrade to a serviced office space (Serviced Offices | Parkway Suites).

Do not hesitate. Build your business presence fast.