The first reason of using a virtual address, is the cost. Start-ups do not have much budge to rent a traditional office building because of the investment in infrastructure equipment such as decoration, internet and telephone.
The second reason is the nature of the work in some enterprises. Some companies do not need the functional requirements like traditional office, and there is no traditional enterprise commuting system. For example: freelancers, photographers, artists, post-production, and others who can work from home or elsewhere. Or a company with only a few employees at the start-up stage. It is suitable for all kinds of enterprises that can meet the requirements of flexible office space.
The third reason is that registration in the local government can enjoy incentives and preferential policies. In order to promote local economic development, the government has established some development zones with the support of the government and approval some virtual addresses to companies to settle down.
4th, a virtual address registration can be used for a long time, and the company does not have to go through the formalities of change for relocation. For small and medium-sized enterprises, it can save the cost of renting office and save the operating cost of the company.
What is a Virtual Registered Address
In recent years, in order to implement the concept of mass entrepreneurship and innovation, there has been a wave of entrepreneurship throughout the country, and a large number of start-up companies have sprung up like mushrooms. There are a large number of entrepreneurs even one person to establish dozens of companies, so the question is, where to get so many Chinese companies registered address?
In fact, now more and more enterprises have started to use the virtual address to register their enterprises and register business licenses, and a legal virtual address is the industry and commerce and tax special approval of the registered address, do not worry about the industry and commerce and tax verification. Today, let us discuss how to use virtual address registration company, what are the notes.
A virtual registered address means that you do not need to rent an actual office to register a company, and the room number that offers a register to you by the company that provides register an address to your company formation. The virtual address can be used to cooperate with the industrial and commercial bureau information verification, this is no problem.
Virtual address is put on record through the industry and commerce bureau, taxation offices and other departments, enterprises can rest assured to use it. The virtual address is approved by the state in order to support the development of small and medium-sized enterprises, which is convenient for enterprises to carry out business smoothly at the early stage and save costs. Enterprises with virtual registered address do not need to worry about the verification of the tax industry and commerce department, you can operate with confidence.
Launch Your Chinese Business Confidently
- Our Virtual company registered address services help you get licences of registration legally and quickly.
- Company types includes: WFOE, joint venture, limited companies, small private companies and other corporate structure.
- You can obtain business license, certificate of registration of foreign owned enterprises, bank account, social insurance account, visa, residence permit, import and export permits, and other special licences.
- Obtain approvals of government officials and company annual inspection.
- According to the preferential treatment for registered companies in different regions, certain industries can enjoy tax benefits.
Recommend reading: China Companies Help and Support Center to learn more from a collection of guidance on startup, registration, formation, running and operations for Chinese Companies. Through this page to learn more if you plan to startup a private business in China.