What is the benefit using vitual address to register a company?

2022-10-19

What is the benefit using vitual address to register a company?

Here virutal address means legal address accepted by the government when company registration.

Take an example in Shanghai

Commonly, there virtual address fee is very low, and also some virtual addresses are with free charge.

Additional, the company can enjoy allowance paid from the address management center. The allowance amount is based on the tax paid in a certain year.

Some addresses maybe charge annual fee about 2400RNB-3600RMB/ one year which shall be deducted from the allowance. Some addresses have no annual fee.

To avoid the legal problem, the company needs to register a branch in the address for actual working. As the branch and the company are both in Shanghai, the branch doesn’t need to do tax filing seperately, only one work, annual report, needs to do for the branch.