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VIRTUAL OFFICE VS TRADITIONAL OFFICES IN DISTRICT 2: WHICH IS THE BETTER CHOICE?

Not everyone understands subtle differences in benefits between a virtual office and a traditional office. To know which benefits virtual office brings to startups, read this article.

Virtual Office Vs Traditional Offices In District 2: Which Is The Better Choice?

Table of Contents

1. What is a virtual office? What is a traditional office?

The office is the place for business registration, as prescribed by law, where internal activities take place (meetings, training ...) and external activities such as meet with partners, customers, mailing and receiving address, etc.
A traditional office is a physical office, where employees come and work directly in the office. And office owners can be completely proactive in exploiting and adjusting their own offices.


The demand for virtual offices in District 2 is on the rise

As for the Virtual Office in District 2, it is nothing more than an address for business registration, trading, organizing internal meetings or meetings with partners, and mailing addresses. This means the company’s leaders and staff have to work outside of the office (maybe in a coffee shop or at home). 
Many different companies can use the same virtual office – meaning they have the same business registration address. But the question is, how companies can use office amenities (such as meeting rooms) if there are many of them?
And the answer to that question: Virtual office renters should contact the service provider and rearrange the meeting room. This helps all of the renters can fully exploit the services that come along with virtual offices.

2. Virtual office and traditional office in comparison

2.1. Prices

According to statistics, the total amount of rent virtual office rent is just from 5% to 30% of the amount of traditional office rent – meaning virtual office is way more affordable and helps its users save up to 95% of the rent.
Virtual office rental service in District 2 is a solution for startups like us to save operating costs. We rented a virtual office in A Space office building (located on Tran Nao street - District 2) via Arental.vn for only VND850,000/month ($36/month), while the rent of a traditional office with similar quality in this area ranges from VND12-17 million a month ($520-740 a month)”, said Hoang Minh Hiep – the Director of Logistics company.
Not only the rent, but the virtual office also allows entrepreneurs to cut down on buying facility costs (such as desks, chairs, stationary) and running costs (electricity and water supply, Internet). These costs, when coupled with one another, will be a huge amount. 
What a relief to cut them down!

2.2. Amenities and service

When renting a traditional office, most companies have to recruit and train receptionists, the customer cares, accountants, or outsource all of these pieces of work. This requires hiring expenses and time on staff management.
However, the virtual office has many other services come along – at a reasonable price – such as meeting rooms for rent, reception and accounting services. This enables businesses to better remote management and operation while still be able to have a professional staff for the above positions.

 Virtual office provides a full range of facilities like traditional offices
Virtual office provides a full range of facilities like traditional offices

2.3. Convenience

Most virtual offices in District 2 are in large and modern office buildings. Having a business address on main roads and the downtown area contributes to enhancing the brand value of the business. It is also easier for customers and partners to find the company address.
In contrast, traditional offices in these locations are expensive. Many businesses save money by renting offices in alleyways or locations far from the city center. This is a disadvantage because it is difficult for customers or business partners to find their companies when needing to contact.

2.4. Legality

Many business owners hesitate for concerning about the legality of a virtual office. 
Article 43 of Enterprise Law 2014 says
“The head office of an enterprise is the place for the contact of the enterprise within the territory of Vietnam, having a definite address including house number, alley, lane, street or hamlet, commune, ward, township, district, provincial town, provincial city, province or city under central authority; and telephone and facsimile numbers and email address (if any).”
There is no prohibition in the Law for virtual office services – meaning using a virtual office address for business registration is not against the law at all. 
As for virtual offices in District 2, they mostly are large office buildings, so the stability will be higher. Business owners don’t have to concern much about the problem of changing their business registration address.

Many think traditional offices would be a more stable option, but it’s not always true. If the office actually belongs to a business owner, of course, it has long-term stability. But if it is an outsourced office and the office lease contract is to expire, without renewable options, the company has to move out and change its business address, which is a time-, cost-, and effort-consuming task. 
when it is not possible to continue the office lease contract, the enterprise is forced to change its address. The inevitable consequence is to change the location for business registration. This is time-consuming; cost; effort.

Arental provides many types of offices with preferential prices
Arental provides many types of offices with preferential prices

3. Where to rent a virtual office in District 2

One of the popular startup philosophies recently is “lean startup” – a method that puts emphasis on cutting down on initial investment and running costs when starting a new business. And the simplest way to do that is to use virtual office services.
In HCMC, Arental.vn is known as a specialist firm in the brokerage of prestige real estate projects and in providing rental offices (virtual office, coworking space, traditional office).
>>> Learn more: Virtual offices in Phu Nhuan - Best price: Only VND399 thousand ($17) a month

We give up-to-date information about virtual offices in Binh An Ward and An Phu Ward, District 2 on our website: Arental.vn.

If you need a virtual office in Binh Thanh District or in other districts in HCMC, contact us will also be the right choice. We guarantee our information is accurate and transparent.
Call us now at 0904 667 858. We’re here to help.

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