For many reasons, having a business address in Singapore can be very beneficial. This city-state is home to several business districts that can make a great location for your business. Many of these districts are located near major MRT stations such as City Hall, Clarke Quay, and Fort Canning. The area is also surrounded by vibrant entertainment areas.

Virtual office

Obtaining a registered office address is an important step in incorporating a business in Singapore. Obtaining an address in a financial district will give your business a creditable image. It is also important to choose an address that is easy to access, such as a location near the central business district.

Using a virtual office is an affordable way to establish a business address in Singapore. Many providers offer packages that include optional add-ons and are available on a subscription basis. These packages are perfect for new businesses that haven’t yet gathered enough business to justify a physical address.

Virtual office service providers in Singapore provide many benefits, including access to a business lounge, a bookable meeting room, and a coworking space. Members receive discounted member rates, and can choose a plan that meets their needs. They can then focus on their business operations.

Alternative address

If you’re looking for a new address for your Singapore business, you’ve come to the right place. With 3E Accounting Pte Ltd’s Virtual Office Address Service, you can get a Singapore business address to use for your corporate stationery and correspondence. The service requires you to pay a small annual fee for the service.

A company’s registered office address appears on official company documents. It is the address that the company keeps updated with various institutions, and not having a valid registered office address can result in a fine of up to $5,000. If your company is small enough, you can consider using an alternate registered office address. However, it is important to note that any address you register must be reachable. Additionally, your alternate address cannot be a post office box number.

You may want to register your alternative address with ACRA. However, it’s important to remember that the alternate address you choose should be within the same jurisdiction as your registered address. Using a residential address may not be advisable if you’re not sure where you’ll be based. An alternate address can help your business look more credible in the industry and attract investors.

Costs

There are many costs associated with a Singapore business address. The first is the cost of leasing a physical office space. This can run anywhere from $2 to $16 per square foot per month. Using a registered address service is cheaper than renting a traditional office space. There is a S$100 deposit required at the beginning of your subscription to cover postal charges. The remainder is refunded to you at the end of your subscription.

In addition, businesses must pay a small fee to register a business in Singapore. The government uses the address to determine the legal presence of a company. Companies must register their business address with the Accounting and Corporate Regulatory Authority of Singapore (ACRA), and they must use a local address for official correspondence.