If you’re reading this, it means you’ve decided to start your own business. Congratulations! This is a huge milestone in anyone’s life, and we want to help you celebrate by sharing some tips on how to make your new venture a success. The next step is to register your company. But where should you register it? If you are a new business owner, chances are you have contemplated a virtual office. But can you use a virtual office for company registration? Let’s find out.
What is a Virtual Office?
A virtual office is, simply put, an office that exists online. You can have a physical space if you want, but it’s unnecessary. With a virtual office, all you need is a good internet connection and you’re good to go. Many small businesses and startups use virtual offices because they’re more affordable than traditional offices and they offer more flexibility.
Can I Use a Virtual Office for Company Registration?
The answer to this question depends on the province or territory you want to register your company. Every country has different guidelines and protocols for business registration, so take some time to learn about the options before you decide where to register your company.
All businesses in Alberta, for example, must be registered with a physical address within the province per the Alberta Corporate Registry. This means that if you want to write your company in Alberta, you’ll need to have a physical address in the province—a virtual office won’t suffice.
However, in Ontario, the Ontario Business Corporations Act does not require businesses to have a physical address in the province to be registered. This means that if you want to register your company in Ontario, you can do so using a virtual office as your registered address.
4 Benefits of Using a Virtual Office for Your Company Registration
Using a virtual office for your company registration has the following 4 major benefits:
1. Save Money
One of the primary benefits of using a virtual office for your company registration is that it can save you money. A virtual office allows you to avoid the costs of renting or leasing physical office space.
2. Save Time
Using a virtual office for your company registration can save you time. It can help you to avoid the hassle and expense of traveling to a physical location to register your company. Additionally, a virtual office can help you to avoid the need to take time out of your busy schedule to meet with lawyers or accountants in person.
3. Increase Flexibility
Using a virtual office for your company registration can also increase flexibility. It allows you to choose an address in any location, which can be beneficial if you plan to do business in multiple states or countries. Additionally, a virtual office can allow you to change your registered address at any time, without having to go through the process of changing your business license or permits.
4. Improve Customer Service
Finally, using a virtual office for your company registration can improve customer service. It allows customers and clients to contact you by phone, email, or online chat, which can be more convenient than meeting in person. Additionally, a virtual office can give you the ability to offer customer support 24 hours a day, 7 days a week.
If you are looking for a Calgary business centre, contact Astra Business Centre for help.
