Are Virtual Offices Legal
Does the word “virtual” in “virtual office” make you a little skeptical about this service? Although they have been present for a long time in the market and are interested in many customers, some businesses are still not sure about the legality of virtual offices.
What are virtual offices?
Virtual office (also known as a virtual office) is a term used to refer to a place where businesses/individuals rent to set up business license registration addresses and representative offices to contact customers, not A place for employees to come and go to work. The virtual office is provided with full services like a business company: address for business license registration, a place to exchange documents, and transact with customers, …
Are virtual offices legal?
According to the Enterprise Code, “enterprise” is an economic organization with its own name, stable transaction office, and registered assets to conduct business activities.
The Enterprise Law also provides regulations on transaction offices, specifically: the head office must be located in the territory of Vietnam; has an identified address, including house number, name of commune, ward, province/city, and must be notified to the business registration office
The Law on Enterprises does not stipulate how many businesses can be located at one location, and the business registration agency itself cannot control whether the enterprise actually operates at the registered office or not…
Currently, there is no legal content that prohibits businesses from renting virtual offices to operate as headquarters. Based on the laws that the State provides above, the virtual office still fully meets the requirements of a legal business.
The legality of virtual office services
According to the Enterprise Law, there are no regulations that require the business address to be a place of work and how many square meters it must have. At the same time, up to this point, there is no decree prohibiting businesses from providing virtual office services… That means this service is still operating normally and not against the law.
Whether a real office or a “virtual office”, a legal entity still has a real person! Who is the legal representative? Who is responsible for the operation of the business? Does the governing body find a way to manage people? The emergence of new patterns is the evolution of modern society.
The rental of a virtual office is considered as the fact that you rent a real address to register a business license and carry out business activities of an enterprise in which your business fully meets the reasonable procedures of the company. a company so that this is a legal form with the law.
Notes when choosing a virtual office rental service
Virtual office rental services are being chosen by many businesses, so today this type of service is developing very quickly. However, because the law still does not have a clear regulation on this model, when using the service, businesses need to pay attention to the following notes:
– To ensure credibility and safety in the process of using the service, you should learn carefully and carefully about the companies that provide virtual office services. It is advisable to look for companies that have been around for a long time and have a brand name in the market to ensure their credibility and safety during service use.
– In the process of being consulted and supported by staff, businesses should consider and understand what is being communicated.
– The fact that the enterprise has a legal business registration address means that the business is real, so the enterprise should fulfill its financial obligations to the State in full.
Thus, a virtual office is still accepted when registering to establish a business and legally. Virtual office saves up to 80% of costs compared to an office headquarters. This is a smart office solution that helps users save a lot of costs while maintaining business opportunities and corporate image at the most professional level.
For Foreign companies that want to start or expand businesses and look for an office in Vietnam:
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