Choosing the right address for your Singapore business is one of the most important things you can do for your company. In fact, your business address can make a big difference in your customers’ perception of you. In fact, it’s often the one thing that can make or break your reputation. That’s why it’s important to choose a professional address that can be trusted.
Home address
Using a home address as a registered business address in Singapore is a legal option for some businesses. There are certain requirements that must be met in order to get the permit. However, you should be careful to keep the privacy of your home.
One of the main reasons why using a home address as a registered business address is a good idea is because it can be a less expensive option than renting an office. For example, a monthly rental fee for an office in Singapore ranges from two to sixteen dollars per square foot.
Virtual office address
Getting a virtual office address in Singapore can help your business reach out to clients in a more effective way. A virtual office address is not only cost-effective but also provides several benefits to your company.
A virtual office can help you lower your overheads and allow you to operate without the expense of capital expenditure. A virtual address is also a good way to demonstrate your business’s credentials.
For instance, the URSIDAE Virtual Office Address Service offers low cost addresses in Singapore CBD. This service provides a complete suite of corporate services including virtual mail forwarding, mail scanning, and more.
Need to notify customers with new registered address
Having a registered business address in Singapore is not only required by law, it is also an important factor when setting up a Singapore company. Having a registered business address in Singapore allows you to communicate with the public and other government bodies. For example, you will receive correspondence and notices from the government, such as Income Tax Forms. Your business will also be registered with the Accounting and Corporate Regulatory Authority (ACRA) and will be subject to regulation. The Accounting and Corporate Regulatory Authority (ACRA) is the regulatory arm of the Ministry of Finance (MOF) in Singapore.