Owning a Start-up or a Small-scale business is a challenge where you can’t afford to have unnecessary overheads in order to grow,
Even though the Businesses can run from any part of the world you require a stable location to operate from or register your business at.
Renting an office let alone buying an office is a major overhead, which makes it difficult to manage the expenses of the business. However, having an office is a mandatory requirement in UAE in order to register your Business and have access to Business running tools such as bank accounts. Without a registered office space, you will not be allowed to incorporate your business.
With this being said the best way to overcome this situation, is a VIRTUAL OFFICE, no matter where your trade license needs to be registered a virtual office is the best option until you grow your business and have a bigger team to be able to increase your expenditures.
Benefits of having a Virtual Office:
- An Address for registering the company
- Cost Effective location
- No Hassle of Bills and rent
- Location for Bank Account opening
What Is a Virtual Office?
A virtual office gives businesses a physical address and office-related services without the overhead of a long lease and administrative staff. With a virtual office, employees can work from anywhere.
How Virtual Offices Work?
Virtual offices operate as one unit to serve customers but do not exist in a fixed location. This type of setup is especially popular with startups and small businesses that want to minimize overhead. The creation of web-based office productivity software and services, such as videoconferencing, has helped drive the growth in virtual offices.
A virtual office is a company that operates as one unit and has a physical mailing address, but does not exist in one specific location.
The costs of operating a virtual office are much less than a traditional office, and that’s why this type of setup is popular among small businesses and startups.
A virtual office arrangement expands job options for employees and hiring options for businesses.
Even while using a virtual office is often less expensive for organizations, some services, including answering the phone and video conferencing, are only marginally useful.