Digital ecosystems are thriving, offering an accessible platform for entrepreneurs to thrive. With its low taxation and business-friendly policies, Hong Kong is a hotspot for startups. Its valuable ecosystem encourages collaboration among professionals, corporations, and investors.
Entrepreneurs often start with limited resources, but they can make intelligent choices along the way to survive and grow. Using virtual offices instead of costly physical spaces is one such example. Virtual offices reduce overhead costs, allowing for better allocation of funds and fewer risks associated with long-term leases and infrastructure investments.
If you're starting a business in Hong Kong, you will need a virtual office at some point. Read along as we've compiled a list of the best virtual offices in the city to help you make the right choice.
Why Do I Need A Virtual Office?
As an entrepreneur or startup, a virtual office can be essential at some point due to the various benefits it offers. The most significant advantage is its cost-effectiveness. Without the need for a physical workspace, it eliminates expenses associated with building and managing space, allowing funds to be redirected towards business growth. Additionally, a virtual office enables employees to work from anywhere, anytime, contributing to environmental sustainability by reducing carbon emissions and promoting work-life balance, resulting in happier and more productive teams. Furthermore, a virtual office enhances professionalism and credibility by providing a renowned address and services like call answering and virtual assistants, while maintaining flexibility and the ability to scale according to business needs. Other benefits include access to a global talent pool and networking opportunities in coworking spaces.
Capital Business Centre
Capital Business Centre is a leading business centre in Hong Kong since 1995. With 8 locations in Admiralty, Central, Causeway Bay, Tsim Sha Tsui and more, they offer top-quality virtual office solutions at affordable rates. Starts from HK$65/month, the Business Registration Address package provide company registration address and government correspondence collection, and at HK$330/month, they further offer a mailing address for commercial usage. The Call Answering Service package at HK$430/month provides live call handling and call forwarding. The Full Correspondence Plan, priced at $530/month, includes address registration, mail collection, call answering, exclusive direct line, and secretaries. Additional services like accounting & tax declaration,
Compass Offices
Compass Office’s Virtual Office packages are designed for companies in the young stage. With locations in developed cities like Hong Kong and Singapore, businesses can establish a strong presence while conserving cash flow. Their packages include the use of prestigious business addresses for mail, business cards, and marketing materials, starting as low as HK$680/month, as well as dedicated telephone lines managed by a skilled multilingual team. Based on your needs, you can choose other options like the Business Executive package (from HK$2,210/month), which provides 5 days per month use of a serviced office for those occasional in-person meetings or work days that you need to stay away from distractions.
Conson Business Centre
As a longstanding player for two decades, Conson Business Centre prioritizes communication and value your feedback for continuous improvement. With seven locations strategically situated near MTR stations in well-known commercial buildings, including Wan Chai, Tsim Sha Tsui, Yau Ma Tei, Kwun Tong, Lai Chi Kok, Tsuen Wan, and Sheung Shui, they understand the importance of a prestigious address in establishing a reliable corporate image. Trusted by local SMEs and established companies, their virtual office packages, including the Address package starting from HK$150/month and the Professional package at HK$510/month, encompass services like business address, mail handling, telephone services, and more. Optional value-added services and HK-China cross-border support further cater to diverse business needs and company registration are also available.
OneStart Business Centre
At OneStart Business Centre, their aim is to empower companies to focus on growth without the hassle of hiring and training employees. With professional receptionists handling calls and mail, businesses can enhance their efficiency and corporate image. The Virtual Office packages, starting from HK$390/month, further provide exclusive secretarial services, including call answering, message forwarding, and instant fax reception via email. With five prime locations in Hong Kong, including Central, Causeway Bay, Tsim Sha Tsui, Mong Kok, and Kwun Tong, businesses can choose a convenient address for as low as HK$90/month. They offer 24/7 centre access to mailboxes, and the online application and payment options simplify the process. Check individual centre for new client and prepayment offers.
The Executive Centre
Whether you’re starting a new business, expanding into a new market, or working remotely, TEC offer various Virtual Office packages to support you. Their Call Answering plans ensure you never miss a call, with bilingual professionals managing and greeting calls. Business Address plans grant instant access to prestigious locations worldwide, including One IFC and Two Pacific Place, for business cards, online directories, and legal documents. Other bundled benefits include monthly coworking hours and preferred rates for additional members. Choose from TEC’s Virtual Office packages, starting from HK$500/month for Call Answering, or the Premium Package with a business address, call answering, and 20 hours of monthly coworking access, starting from HK$1,050/month.
How To Choose The Right Virtual Office
If you’ve decided to move forward with a virtual office for your business, you should first understand the cost and choose a package that suits your needs and budget. Opt for a prestigious address in a CBD can boost a trustworthy image, and prioritize flexibility, allowing you to scale as needed and access necessary amenities like day offices. For startups, select a provider that offers additional services like company registration can save you time and cost. Don’t forget to read through the terms to avoid hidden costs and compare offerings from different providers.
Conclusion
Virtual office is a great, affordable tool to kickstart your business in Hong Kong. Explore the best options with Workspace Asia. The leading serviced office broker in Hong Kong provides a one-stop platform that allows businesses to explore different flexible workspaces in the city and save time by having their office experts negotiate the best deals and secure the offices for them.