The virtual office is a type of office that gives the business a physical address. With the use of a virtual office, the employee can work from anywhere. They can also use the postal address, messaging service, video conferencing, and more.
A virtual office is famous among foreign investors and the newly established company. The cost of a virtual office varies from area to area. For example, the price of a virtual office in Kuala Lumpur is higher compared to the cost of Petaling Jaya.
Most of the foreign investors want to use a virtual office to reduce costs. The cost of renting a virtual office is comparatively low than traditional offices.
If you’re going to start a business in Malaysia, you need an office address to include or register a new business. So, using a virtual office address will meet the full physical office requirement.
According to the requirement of Malaysian government foreign investors need to use the local address for company registration in Malaysia. However, renting a virtual office will full fill the demand of company registration.
- Difference between “physical and virtual office price” in Malaysia
- Why Virtual Office in Malaysia?
- Advantage of Virtual Office in Malaysia
- Facilities of Virtual Office & physical office in Malaysia
- Conclusion
Difference between “physical and virtual office price” in Malaysia
There is a huge difference between physical and virtual office. In the era of efficiency and flexibility, everyone wants to reduce their cost in best possible ways. If you’re going to start a business but don’t have enough cash, you can use virtual office.
On the other hand, you may choose a physical office, if your company have enough money. The table below shows the costing difference between renting a virtual office and a physical office.
Type | Description | Price |
Physical office | 3 staff with space of 1000 square feet | RM 3000-3500 |
Virtual Office | 3 staff with space of 1000 square feet | RM 1800 |
Physical office | Service charge and Utility bills | RM 100-300 |
Virtual office | Service charge and Utility bills | Free |
Physical office | Purchase office furniture | RM 7000-15000 |
Virtual office | Purchase office furniture | Free |
Physical office | Security deposit (2-3 months) | RM 9000 or above |
Virtual office | Security deposit for one month only | RM 100-200 |
Why Virtual Office in Malaysia?
The table above shows – renting a physical office is costly and problematic whereas the cost of renting a virtual office is much cheaper. A virtual office is an almost ready office, and you can start using your office from the date of signing. You do not need to bear the costs of utility bills, furniture cost or hire a receptionist for your office. However, if you want to start a business in Malaysia as a foreigner, you may choose a virtual office rather than the physical office. There are lots of virtual offices available within many cities in Malaysia such as Selangor, Petaling Jaya, Puchong, Gombak, Kuala Lumpur, etc.
The advantage of Virtual Office in Malaysia
There are three virtual office packages available in Malaysia. These three packages are categories into silver, gold, and platinum. The table below shows the service available within these three packages.
Description and package | Silver-RM 120 | Gold-RM 180/ | Platinum-RM 330 |
Use address for business purpose | Available | Available | Available |
Phone call notification/service | Not Available | Not Available | Available |
Email/ mail receive | Available | Available | Available |
Reception service | Not Available | Not Available | Available |
Use of local phone number | Not Available | Available | Available |
Call answer | Not Available | Not Available | Available |
Parcel receive | Available | Available | Available |
Meeting Room | Available | Available | Available |
The local business address is necessary to incorporate a business in Malaysia. Therefore, renting a virtual office is an excellent decision to meet business needs. We provide a range of service within our packages at an affordable price.
However, our “business meeting room” service is available if you purchase any of our packages. In the absence of you, our reception service will reply to your client.
The local phone number is essential for incorporating the business in Malaysia, within our package we also provide phone call service. We will also receive parcel (goods) for you that are sent by your customers, banks or by any person.
Facilities of Virtual Office & physical office in Malaysia
We provide different types of facilities if you buy our packages. The table shows the facilities of our service.
Facilities of Virtual Office | Availability |
WiFi Service | Yes |
Meeting Room | Yes |
Door access Card | Yes |
Malaysian phone number use | Yes |
Tea, water, coffee | Yes |
Email notify | Yes |
Reception | Yes |
Call answer | Yes |
Conclusion
According to the information mentioned above, renting a physical office in Malaysia is very costly and problematic. Therefore, it’s a smart decision to rent a virtual office than a physical office. However, our service is available within any region of Malaysia such as Petaling Jaya, Selangor, etc. The demand for virtual office rent is growing up day by day because of its ready facilities. It is an excellent opportunity for foreign investors to use a virtual office address for the business registration process. However, since 2016 Premier Three Consulting Firm is providing various types of service to the foreign investor. We are very concern about customer piracy and do not share any confidential information with others. We work maintaining customer satisfaction.
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