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Virtual office
When you’re starting a business, one of the first decisions you need to make is whether you want to have a physical office or go virtual. A virtual office can be a great option for small businesses and entrepreneurs who are just starting out. It has many benefits, but there are also some drawbacks that you need to consider before making your decision. In this blog post, we will discuss the pros and cons of virtual offices so that you can make an informed decision about which option is right for you.
What is a virtual office?
A virtual office is a service that provides businesses with a physical mailing address and other virtual office services, such as phone and fax services. It’s a great option for small businesses and entrepreneurs who are just starting out, because it allows them to have a professional presence without having to rent or lease a physical office. A virtual office can also be a great option for businesses that are expanding into new markets or who have employees working in different locations.
Is a virtual office sufficient to set up a new company?
This depends on the jurisdiction/country you are operating in. In most countries a virtual office is sufficient, but things are shifting. On one side, businesses have become much more mobile which is why in many cases an actual office is not to be expected. A good example of this are e-commerce businesses that are based in certain countries but only ship there, without employees or any other infrastructre in that country.

On the other hand, authorities in European countries are obliged to perform thorough checks on businesses to see that they have real activity and ‘substance’.

Therefore, in some countries a virtual office is not sufficient in some cases. This also depends on the rest of the features of a company.

In short, in most cases a virtual office is sufficient to set up an entity, but you should always double-check this in every European country you do business in.
How much does a virtual office cost?
The cost of a virtual office varies depending on the services that are offered. Generally, virtual office services in most European countries start at around €50 per month. However, some services charge a one-time setup fee in addition to the monthly fee. A reliable virtual office can also be a bit more expensive. Most depends on the services included and the postal address the virtual office has.
What are the pros of a virtual office?
There are many benefits to using a virtual office. Here are some of the most important ones:

1. It gives your business a professional image.

2. Offers an easy and affordable way to expand into new markets.

3. A virtual office can help you save money on rent and other office expenses. A virtual office is typically much cheaper than renting or leasing a physical office space.

4. A virtual office allows you to work from anywhere with an internet connection.

5. A virtual office provides a professional environment for conference calls and video meetings.

6. It offers with many features and services that can help you manage your business better.
What are the cons of a virtual office?
While there are many benefits to using a virtual office, there are also some drawbacks that you need to consider before making your decision:

1. A virtual office is not a physical location, so you may not be able to meet clients or partners in person.

2. You may not have a dedicated phone number or fax number with a virtual office.

3. You need an internet connection and a computer to use a virtual office.

So, what’s the verdict? Is a virtual office right for you? It depends on your business needs and goals.

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