In today’s fast-paced world, traditional office spaces can sometimes be limiting. They require long-term leases, expensive rent, and a physical presence at all times. For many businesses, this is simply not practical. That’s where virtual offices come in. The rise of virtual offices has revolutionized the way businesses operate, and Bangkok is at the forefront of this change. In this post, we will explore what virtual offices are, how they work, and their benefits, and what kinds of businesses are allowed to use virtual offices in Bangkok according to the DBD & Revenue Department.
What is a Virtual Office?
A virtual office is a service that allows businesses to have a physical address, phone number, and access to meeting rooms without being physically present. This allows businesses to have a professional image without the high costs of a traditional office space. Virtual offices typically offer services such as mail handling, call forwarding, and access to meeting rooms on a pay-as-you-go basis.
Is it legal to use a Virtual Office in Bangkok?
Yes, it is legal to use a virtual office in Bangkok, and a virtual office can even be used to register a company with the government. The Department of Business Development (DBD) and Revenue Department accept virtual offices for businesses without VAT registration.
VAT registration is only required for businesses that:
- generate a gross income of 300,000 Baht or more within a single month
- generate a gross income of 1,800,000 Baht or more annually
- import goods from overseas.
If you business does require VAT registrations, there are still virtual office solutions though they typically are more complex and costly.
How does a Virtual Office work?
Virtual offices work by providing businesses with a physical address and a range of services that can be customized to their specific needs. When mail is received, it is forwarded to the business owner’s designated address. Calls to the business are answered and forwarded to the owner’s phone or voicemail. Meeting rooms can be booked on an as-needed basis, giving businesses the flexibility to have meetings when they need to without the added expense of a dedicated space.
Benefits of a Virtual Office
One of the biggest benefits of a virtual office is the cost savings. Without the need for a physical office space, businesses can save on rent, utilities, and equipment. Additionally, virtual offices offer flexibility. Businesses can choose the services they need and only pay for what they use. They also have the freedom to work anywhere, anytime, as long as they have an internet connection.
Another benefit is the professional image that a virtual office provides. With a physical address and phone number, businesses can create a professional image that can help them attract clients and partners. This is especially important for startups and small businesses that may not have the resources to operate a physical office space.
Costs of a Virtual Office in Bangkok
The costs for a virtual office in Bangkok vary, and it’s worth comparing different providers and doing your own research. Is all you concerned about meeting the minimum legal requirements of setting up a business in Thailand, or do you seek more extensive services like phone answering, access to actual office or co-working space at selected times, and more?
|Union Square||960 Baht / month||Virtual Office|
|Union Square||1,860 Baht / month||Virtual Office + Call Answering|
|Union Square||Starts at 50,000 Baht / year||Virtual Office For VAT Registration|
|Servcorp||1,300 – 3,200 Baht / month||Learn more about offerings here|
|The Great Room||4,000 Baht / month||Learn more about their offerings here|
Virtual offices are the future of work, and Bangkok is leading the way. With their cost savings, flexibility, and professional image, virtual offices are a great way for businesses to operate more efficiently and effectively. If you’re looking for a way to take your business to the next level, consider a virtual office in Bangkok.