Registered Office Services in Singapore
To incorporate a business in Singapore, you are required to have a registered office address. Global Business 360 helps you comply with this statutory requirement by offering a registered office address or a virtual address for your business. You can use this address for your company’s incorporation application and submit it to ACRA.
This registered address will serve as your official business address, and it can be used on your company’s documents, letterheads, bank correspondence, and communications with customers.
Let Global Business 360 handle your registered office needs to ensure full compliance and a professional business presence. Contact us today!
Criteria for Registered Office Address
According to ACRA, your registered office address must meet the following criteria:
- Physical Office: You must have a physical office address located in Singapore; P.O. boxes are not permitted.
- Accessibility: The office must be accessible to stakeholders and customers for at least 5 business hours on a working day.
- Correspondence: A physical address ensures that regulatory authorities, banks, and other entities can correspond with your company on matters like government policy updates and annual filings.
- Inspection: Regulatory agencies may visit your office for inspections to review your documents and company records.
At Global Business 360, we ensure that your registered office address complies with ACRA’s requirements, enabling smooth operations and communication. Contact us for more details!
HDB Home Office
Entrepreneurs may opt to use their home address as a registered office under the Home Office Scheme with the Urban Redevelopment Authority (URA) or Housing & Development Board (HDB). However, before choosing a home office as your registered address, consider the following factors:
- Eligibility: Ensure that your business activities are allowed under the Home Office Scheme and that you meet all the criteria set by URA or HDB.
- Space Limitations: Your home office should provide sufficient space for work while complying with housing rules and regulations.
- Privacy Concerns: Using your home address as the official business address may expose personal details to the public.
- Client Interactions: If your business requires frequent meetings with clients or stakeholders, consider whether your home office can accommodate such activities.
At Global Business 360, we can guide you through the Home Office Scheme and help determine the best option for your business’s registered address. Contact us for expert advice!
Restrictions on Certain Business Activities
Under the Home Office Scheme, certain business activities are not permitted. These include:
- Manufacturing
- Courier services
- Beauty services
- Marketing activities
Before applying for a home office, it’s important to research whether your business activity is allowed under the scheme. This will help you avoid paying unnecessary administrative fees.
At Global Business 360, we assist entrepreneurs in navigating these restrictions and finding the most suitable office solution for their business needs. Contact us for more guidance on setting up your business in Singapore!
Minimum Working Hours
Businesses in Singapore are required to keep their registered offices open for at least 5 business hours each working day. If you’re considering setting up a home office, ensure that you can meet this requirement as part of the Home Office Scheme.
At Global Business 360, we can help you evaluate whether a home office setup is the right choice for your business and guide you through the compliance process. Reach out to us for expert advice!
Compromise on Privacy
Using your home address as your registered office means compromising on privacy, as the address will be publicly accessible and listed in official records.
Considering the privacy concerns and restrictions of using a home office, many entrepreneurs opt for a virtual office instead. A virtual office provides the professionalism of a corporate address while allowing you to run your business operations from home. This solution offers the best of both worlds—protecting your privacy and giving your business a credible, professional appearance.
Learn more about how a virtual office can enhance your business while you enjoy the flexibility of working from home. Contact us at Global Business 360 for tailored virtual office solutions!
Virtual Office
If high office rents are a concern and you want to optimize your expenses, Global Business 360 offers an efficient virtual office solution. With our virtual office services, you can establish a professional presence without the costs of a physical office. We provide:
- A registered office address for official use
- Mail forwarding and notification services
- Access to webinars and online workshops
- Instant chat and cloud-based collaboration tools
- Dedicated phone lines for business calls
- Access to meeting rooms when needed
- Video conferencing facilities
Set up your virtual office with Global Business 360 quickly and affordably. Contact us to learn more about how our virtual office services can support your business needs!
Benefits of a Virtual Office
Global Business 360’s virtual office services offer cost efficiency, a professional business address, and flexibility for businesses. Enjoy mail forwarding, access to meeting rooms, and video conferencing facilities. Ideal for SMEs and foreign companies, a virtual office helps you maintain a corporate image without high rental costs.
Economical and Budget-Friendly
For entrepreneurs managing businesses in Singapore from abroad, our virtual office services help bridge time zone differences. We provide a professional address, ensuring you can access and respond to emails promptly, all while saving on office rental costs. Enjoy a cost-effective solution without compromising on efficiency.
Office in Prime Location
Though you may not have a physical office in Singapore’s prime business district like Raffles, Global Business 360 does. With our virtual office services, you can utilize our prestigious address for business purposes. Impress clients, suppliers, and investors by hosting virtual meetings at our location, and feature this address on your letterheads and business cards.
Digitization
As a registered entity in Singapore, you’ll receive important correspondence from government bodies, banks, and other institutions. We simplify this process by scanning and forwarding these communications directly to your platform, so you can avoid dealing with physical paperwork.
Choose Global Business 360 for reliable and cost-effective virtual office services. This allows you to focus on what matters most—business expansion, branding, research, product development, and overall company management. Let us handle the administrative details so you can drive your business forward.