An Innovative Solution? 5 Essential Questions About The Virtual Office

Virtual Office vs Traditional Office

A virtual workplace is a workplace that is not located in any one physical space and not tied to any geographic boundaries. Employees and management are connected via a private network or the internet and interact with each other via phone, Skype, cloud computing programs and a whole host of other virtual options.

The big difference between renting a virtual office or a traditional office, is that you stop renting a space to rent a service. In other words, as the name implies, if you choose a virtual office that means your company will not have a physical workspace.

1. If I Choose a Virtual Office i Don't need to Have a Tax Address?

Yes, you do. Any company has to have a fiscal address, even if you don’t have a physical office. But don’t worry: when you use the services of a virtual office, you will be provided with an address to host your company.

2. And What Other Services Am I entitled to?

A virtual office basically does those boring day-to-day tasks that no one likes to do, but which no business can escape: from managing physical mail and parcels, to answering phone calls on behalf of your company. In addition, you still have access to a meeting room to meet with elements of your company, clients or investors.

3. What are the advantages of doing it?

It is likely that by now you have noticed some. If you don’t have a physical office, you don’t have to pay the rent. Although you pay for the virtual office, this allows you not only to reduce costs by about 70% and at the same time have a support in the day-to-day management of your business.

Furthermore, there is no easier way to ensure that you comply with the social distancing of your workers than by using a virtual office.

4. Who Provides The Virtual Office Service And How Is Payment Made?

There are several coworking spaces that provide the service of a virtual office, and usually a fixed monthly fee is paid for the service provided. The amount to be paid is variable but it is usually more expensive in the big cities, Lisbon and Porto, than in other regions of the country.

5. Which Clients Choose Virtual Offices the Most?

Anyone can have a virtual office, but typically there are some groups that use this solution the most:

Freelancers and self-employed workers. Advantage: Stop receiving the mail at home and associate it with your work
Startups at the beginning of activity. Advantage: as mentioned above, when you are starting a new business, all the savings you can make are essential. By choosing a virtual office, Startups avoid the costs inherent in renting a space and still receive support in the day-to-day management of your business.
Companies that do not need physical space (example: an IT company) or companies that face difficulties. Advantages: save money that allows them to invest in the business or prevent its bankruptcy.

This way, if you are in this group, and you liked the arguments presented in this article, we offer you a solution. Here at Giraldo Works we facilitate this service for a small price, with locations in Évora and Lisbon, more specifically in Praça do Giraldo and in Rua do Castilho, respectively.