Well, it simply means you "rent" the business address and enjoy the suite of services the virtual office provider provides. Rather than paying hefty rental, you have your "office" in the prestigious city area. For a fee as low as only S$5 per month, you impress your customers and business associates by owning a business address without having to pay the rental, overheads, staff salaries, office equipment and a whole lot of expenses!

A virtual office package is an excellent way to cut down risks and expenses when starting a business. You can legally use the business address when you register with ACRA ( Accounting & Corporate Regulatory Authority of Singapore ). You may also use the business address on your name cards, business letterheads, rubber stamps, envelopes, any mailings and greeting cards, etc.

You may even use it to open a bank account, apply for government grants, use it on any official documentations. Virtual Office services are a range of professional business support solutions suitable for both emerging entrepreneurs and established businesses. No rents , no down payments, no need for deposits, no renovation loans no expensive furnitures to purchase just to make use of a nice business address!

In Singapore, it is illegally to operate a business without a proper registration with ACRA. And to register with ACRA, you are required to have a place of business, preferably a commercial address. You may apply to use your residential address subjected to approval by HDB. Furthermore, it is not advisable to use your personal residential address for business! It's not practical and there are quite a lot of consequences and inconveniences you may have to put up with.

Using a virtual office is always a much cheaper solution than leasing an office space. By simple estimation, a virtual office helps you save more than 80% of the startup costs. Well, unless you are looking to lease a very small 150 sqft CBD office ( 2 tables ) that going for at least S$3 per sqft right now.

Lets assume you are going to rent an office just to start up say a 150 sqft office in the CBD area with at least a receptionist. It will hosue 2 tables comfortably. Below is a breakdown of the cost you will be paying for the first year:

• 2 months rental deposit = S$600 x 2
• 150 sqft. office rental = S$600 x 12
• Renovation, Carpets & Furnishing = S$5,500
• 2 Office Tables, Chairs = S$350
• 1 Office Receptionist = S$1,000 x 12
• 1 Business Phone & Fax Line = S$50 x 12
• 1 Business Broadband Service = $150 x 12
• Singapore Power bills = S$50 x 12
Total = S$27,350

To start your busines you pay $27,350 even before you get yoru first customer! Why not just pay just $199 a year, enjoy almost everything similar? Immediately save yourself almost S$25,000. This amount of savings can be put to better use as your business capital buying more goods or just keeping it around!

There are 2 different classes of Virtual Offices. There are those which are expensive and then there are those that are cheap! You could be paying above $100 onwards for simple business registration and mailing address a month for virtual office! You would be better off getting you own physical office in any CBD area. They do come with many "luxuries" thrown in. If you do not need a very impressive address such as the penthouse unit of any large commercial buildings here in Singapore, this is something you will need.

Then ther are the cheap ones. They are cheap up front, but everything else will cost you. It contains the very basic service and you end up paying more if you want to add more services.

SMART Virutal Office Singapore is in a class of its own. We have the best of both worlds or you can say a mid range where you truly enjoy the best of both worlds. We are able to keep our prices as the lowest in Singapore, yet maintain an address in the CBD, while offering some of the "luxury" items at sub $100 prices! Take a look, and compare us!

We pride ourselves as being the business of business. Here is what happened to us. We were using a Virtual Office provider like yourself some time ago. When we eventually found one, we were so happy it cost us $60 a year. Once these providers had us in , they started to increase their price. They had all sort of reasons like:

Increase in overheads
Following the market pricing
Require more staff to sort your mail
Eventually our business outgrew the need and started using physical space. We felt that if we ever had the chance, we would start such a business and help you all save the cost. We own 8 companies now, 8 very successful business and has turned it more into a hobby than into daily work.

Our CEO understands the pains of young entrerpenurs starting out, how it is a struggle to find a place, and worry about starting out, getting that first deal, cost of everything means that before you can add a dollar to your pocket, you have to give a dollar.

We are able to make this so cheap because we own the office, the servers, the designers, the programmers. It is created so you can fully utilize these resources at a fraction of what you would have to pay with other providers that depend on this as their bread and butter and will MILK you for every dollar that you are worth.

Many of our clients ask us this question. Here is our view on this. We understand that you are concerned whether ACRA will approve of your business name. There is nothing to worry about here.

Register with us first, with your proposed name.
Register the same details with ACRA
Wait for approval
If ACRA rejects your name, you are free to change those details directly in our system 24 X 7
The reason is this. You may have mail that needs attending to. We need some details to be able to recognize the mail as being yours and that changing details in our system is free. ACRA is not!

From 2006, we kept our price at $99.00 for 15 years.

Moving forward with crazy inflation, we have since increased the price to $20 monthly or $200 yearly in 2022.

To enjoy the current rate, prepay for as many years as you would like to 

You would need to provide the following information in order to register successfully.

• Name
• Home Address
• Country
• Postal Code
• Home / Mobile Number
• Valid Email Address
• Date of Birth
• Business Name - Use your own name if you are doing just mail forwarding
• Nature of Business

Foreign companies is not eligible for $99.00 Virtual Office. In line with creating Entrepreneurship in Singapore, we made special arrangements to achieve the $99.00/ year pricing. It is tailor made for Singapore / Permanant Residents / Singapore registered companies only.

It is meant to come free, we cannot change that for other features.