Getting a registered business address service is an important part of establishing a new business. It provides a base from which to conduct business, host meetings, and incorporate a phone answering service or hot desk. With an address, you can also apply for bank accounts. If you’re just getting started, you can look for a service that will provide you with an address for the first year or two.
Registering a business
Registering a business address can be beneficial for a number of reasons. Not only is it a legal requirement, but it also gives you the flexibility to change your address whenever you need to. For example, if you’re running a home-based business, you can register your home as your business address. Alternatively, you can opt to use a registered agent, which is a company that accepts official government documents on behalf of a company.
Registering a business address is an important part of doing business. It provides legitimacy and helps you establish credibility with clients. It also helps protect your personal address, especially if you plan to use it in advertising.
Getting a registered business address
A registered business address is important for many reasons. Not only will it protect your residential address, but it will give you instant credibility with clients. Registered business addresses are also useful for advertising and business collateral. They also have special rules governing them, so ensuring that you follow them is essential for your company.
A registered business address is also a necessity for receiving official government mail. If you own a small business, you will need to register with the Inland Revenue Board of Malaysia (also known as Lembaga Hasil Dalam Negeri Malaysia). You must also update your SSM mailing address within 14 days of incorporation to ensure that you receive any official correspondence.
Using a registered business address to open bank accounts
There are many benefits to using a registered business address for opening bank accounts. Often, banks are more willing to give better terms to registered businesses. Depending on your business type, you may even qualify for a free checking account if you have a business license issued by the city or state in which you live.
Registering your business address is also an advantage because you can give it to clients and use it for mail and other correspondence. If you only need the address for mailing purposes, you may want to choose an extra-small one, as the monthly fee is significantly lower than a premium one.