- Posted by Pattie
- On September 15, 2023
- 0 Comments
- Virtual office
REGISTERING YOUR OFFICE IN BELFAST
In the United Kingdom, a business becomes “limited” when it registers with Companies House, UK. If the company director wants to set up business in Northern Ireland, they must register it’s office somewhere within Northern Ireland. Many overseas companies choose Belfast when setting up their limited office. A Belfast virtual office company address provides a value for money alternative to the traditional office building. Finding a virtual registered office in Northern Ireland has now become so much easier. In this blog we will look at all the different types of office space in Northern Ireland. There are so many types of offices available at the moment so it is difficult to choose. When deciding on the type of office that fits your business needs best, the cost and the location are the main factors to be take into consideration. Here we will look at the alternative that Lets Letterbox provides right here in Belfast. A virtual office address for your Limited Company in Northern Ireland is now at your fingertips.
PHYSICAL OFFICE IN BELFAST
In Northern Ireland the main location for global businesses to set up shop, is Belfast. However, according to Global Commercial Real Estate Services, CBRE UK, the availability of office space in Belfast is currently 5 times that of 2018. This is largely due to the effects of the pandemic when people started working from home. When the pandemic was over, many continued working from home, leaving offices empty in the city centre. Nevertheless things are slowly beginning to look up for the property market and rents on average are around £24/sq foot. Indeed the Northern Ireland Market Review and Outlook 2023 carried out by Savills.ie states that there is a possibility of a
“shortage of grade A office space” and that , “developers and investors are looking for opportunities to upgrade older stock to meet market demand.”
Businesses are looking at a more collaborative method of working in the future. The idea of “hybrid” working , a mix between employees working from home and working at the office for part of the week, seems to be the way forward. The existing office space in Belfast will have to adapt to what the business customer needs in the future.
VIRTUAL OFFICE ADDRESS IN BELFAST
If the demand for office space in Belfast continues to grow, the rents will continue to rise and only those businesses with enough resources will be able to rent prime Belfast offices. Lets Letterbox provides a viable alternative in the form of a virtual office address in Belfast. Our virtual office addresses can be used by Limited companies, sole traders, small businesses, company directors and individuals. A virtual office provides the client with a prestigious Belfast address without having to pay either rent or rates. For a small monthly fee, a business that wants to have their registered office address in Belfast can sign up with Lets Letterbox and we can receive official mail from HMRC and companies House. As we are always available, we provide a “knockable” address so that when post arrives, there is always someone here to receive it. A PO box in Belfast would not be suitable as it doesn’t meet with HMRC and Companies House requirements for Limited Companies.
WHO CAN USE A VIRTUAL OFFICE ADDRESS?
The simple answer to this is, anyone. As long as the client is carrying out legitimate business and works within the law! We have clients from Northern Ireland, Ireland, GB, Europe, Australia. Some of our clients are craft-makers from rural Ireland who want to keep their business and work life separate. We have clients from China who use our Limited Company services to set up a Registered Office in Northern Ireland. The list is endless. The only requirement is that the customer provides us with a completed application form, photographic ID and proof of their residential address. Proof of their residential address can be in the form of a recent utility bill. Once we have verified that the potential client is who they say they are, we can have a virtual office address up and running in 24 hours. It is that simple. There is no waiting around for estate agents and solicitors.
IS A VIRTUAL OFFICE SAFE?
Here at Lets Letterbox we are registered with HMRC. We are registered as a company service provider and that means we have to adhere to all money laundering regulations.
WHY CHOOSE BELFAST?
Northern Ireland is in a unique position since Brexit and the creation of the Withdrawal Agreement. The rest of the UK has to renegotiate trade deals with all the countries that make up the EU. It also needs to have new trading arrangements with the rest of the world. Here in Belfast we have “unfettered” access to both the EU & UK markets as well as having existing trade arrangements with the rest of the world. For any business thinking of setting up in the United Kingdom, Belfast has this distinct advantage. ANd when you have a choice of paying a nominal monthly or annual fee for a virtual office address in Belfast, it makes sense to take the “value for money” option.
With our virtual office address receiving official correspondence from HMRC and Companies House on your behalf, we then forward the mail to you. You can decide to have your mail forwarded via email or posted to a nominated address. You simply confirm how you want us to send you the mail. Parcels and larger packages will incur a small handling fee and will be subject to Royal Mail charges.
WHAT HAPPENS NEXT
Simply sign up to our services via the link below
Or email: firstname.lastname@example.org