If you want to register your company in Singapore, you can opt for a registered address service. This service will provide your company with a local address, which is accessible to the public five hours a day. In case you have a home address, you can also register your business there. The government has no problem with you using it as your registered address, provided it is located in Singapore.
Virtual office
When you’re considering incorporating a company in Singapore, it’s essential to have a registered office address. You can get your own physical space if you’d like, or you can rent one from a virtual office service. Virtual office services are particularly convenient for startups as they can lower startup costs while giving them a professional image. In addition to providing a local registered office address, many virtual office services also include receptionist services and business meeting spaces.
Virtual office services in Singapore are inexpensive and easy to set up. You don’t need to hire a full-time office, and the costs can be adjusted to fit your budget. They also don’t limit the business activities you can do from the address.
Legal obligations
If you run a business in Singapore, you probably know the importance of a registered office address. This is the location where government bodies like the ACRA can visit and inquire about your business. It also has to have a person on duty during office hours. The registered office address is also where you will receive notices and communications from the government. Banks also send correspondence to the registered office address. If you don’t have a physical office in Singapore, you can also set up a registered office address in Singapore.
All registered companies in Singapore must have a local registered address. This is where you will keep all your registered documents. It’s important to note that the registered address has to be a physical address and cannot be a P.O. box. Additionally, under Section 19 of the Companies Act, a company must have a constitution that outlines the purpose of the company and rules for internal management. Private companies can use the model institutions provided by the ACRA for this purpose. However, you should also be aware that the Registrar has the right to refuse registration on specific grounds.
Costs
Registering a Singapore address can help you avoid the high costs associated with renting an office space. However, it is important to understand that you will be charged for certain services as well. For example, if you want to receive bank correspondence, you must provide your registered address. You will have to pay S$2.00 per mail handled as well as postage cost. Furthermore, you will need to place a S$100 deposit for these postal charges. However, this deposit will be returned to you when the subscription period ends.
A registered address in Singapore is compulsory for all Singapore companies, regardless of size. In most cases, you will use this address for a limited period of time. You may also wish to opt for additional services such as fax and mail forwarding. Some of these services include dedicated or shared telephone numbers, document preparation and re-mailing, and more. In addition to these essential services, you will also receive mails and notices from governing bodies and banks. For these reasons, it is imperative for you to check your incoming mail regularly.
Where to get a registered office address in Singapore
Getting a registered office address in Singapore is essential for any business in Singapore. In order to be compliant with the Accounting and Corporate Regulatory Authority, a company must have a local address. This registered address is not a PO Box and it must be accessible to the public during business hours. In addition, if you want your business to get the best possible first impression, it is important to have a local registered office address.
A registered office is a physical address that is used by legal authorities and financial institutions to receive mail and other official notices. However, the address should be a real office location in Singapore, not a P.O. box. In Singapore, a good option is Peninsula Plaza, which is just a short walk from the City Hall MRT station and a stone’s throw away from the Central Business District. It is staffed by a receptionist during regular working hours and can accommodate urgent mail.