If you’re starting a new business or have just moved to Singapore, a registered address service can help you with your address requirements. These services provide a professional, local address. While they are not as official as a physical address, they are still more professional. In addition to regular physical addresses, registered address services also provide a P.O. Box address as well.
Legal obligations
When a company registers an address in Singapore, they must meet certain requirements in order to be recognized as a legitimate registered office. These requirements include having a valid address that is open to the public during business hours. The registered address does not need to be the same location where the company actually does its business. In fact, the registered address can change at any time during the business life cycle, and must be notified to the ACRA within fourteen days.
The registered office address serves many purposes, but mainly fulfills certain legal obligations. People visiting the company must be able to visit the registered office address, which is why it is important to have a live person available during office hours. In addition, registered office addresses receive government correspondences and notices. Bank correspondences will also be sent to the registered office address.
Cost
If you are planning to incorporate your company in Singapore, then you need to have a registered address. This is a place where your company will receive official mails. You will also need a valid office to conduct business in Singapore. It will cost you between S$2,000 and S$3,000 per month to rent a basic serviced office for two to three employees. If you need additional amenities, you will have to pay an extra $20 to $50 per hour.
Getting your company registered in Singapore requires a minimum investment of S$30, but there are also various disbursement costs that range from $50 to $200. This will depend on the type of application you make. The fees for different kinds of applications are also different. However, the standard registration fee in Singapore is S$300.
Availability
A registered address is an official corporate address used by legal and financial authorities. It can be used on business cards, letterheads, and other corporate collateral. In addition, a registered address will help you to keep track of incoming mail, which is often vital if you are receiving important notices, such as a new government scheme or annual filing requirement. A registered address service can also forward incoming postal mail and courier items to you. This service is free, and you do not need to provide any supporting documents.
If you are planning to start a new business in Singapore, then you may want to consider signing up for a registered address service. This service allows you to maintain an office address in Singapore that is available to the public. It can be quite helpful when it comes to presenting a good first impression. The cost for a registered office address in Singapore is only S$120 a year.
Location
If you are looking to register a company in Singapore, a registered address service is an excellent choice. Registered address services in Singapore are usually provided by companies that offer accounting services. These companies are able to offer a range of services to their clients. For example, they can provide a mailing address to be used on all corporate stationery and correspondence. However, this service does not include phone answering services or mail scanning.
Many legal authorities and financial institutions will send correspondence to registered office addresses. It is essential to check these letters regularly, because they can contain important reminders for annual filing, policy changes, or new government schemes. Using a registered address service in Singapore can help ensure that you don’t miss any important correspondence, especially those from government bodies.