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    Home » Business Address for Self Employed—Necessity, Advantages and Disadvantages
    Wales Business News

    Business Address for Self Employed—Necessity, Advantages and Disadvantages

    Rhys GregoryBy Rhys GregoryMarch 24, 2022Updated:March 24, 2022No Comments
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    We offer a wide range of business addresses for self-employed registration services. You can always get familiarised with the main offers from Hoxton Mix on the official website of our company, but first, let’s figure out what it is and what it is for.

    To choose a high-quality product or service, you have to determine their purpose, as well as their distinctive features and characteristics.

    Depending on the laws of the country in which your business operates, it may not be possible to register a company in your place of residence. You may be at risk of losing your home if the business fails. This can happen if you take a loan from a bank secured, as well as in a number of other cases. Therefore, it is recommended to use the real address of the location of your company when registering. 

    The term “legal address” or “business address” has long and firmly established itself in the business environment. Today, this concept is actively featured even in business documentation. However, not all entrepreneurs (especially beginners) fully understand why a high-quality legal address is needed. Let’s try to figure out what is the meaning of this term and what are the main characteristics of this outcome that an entrepreneur should know before registering a legal address for a company. Moreover, in some cases, the success and prosperity of your business, as well as its legitimacy, may depend on it.

    Why is Legal Address Crucial?

    The legal address is the place where your company is officially registered. Speaking about the purchase of a legal address, we are considering the purchase of the necessary package of documents that you will provide in the future to the registration authority for documenting your enterprise. It is also needed during the procedure of changing the legal address.

    You need to understand that the legal address is not always the actual location of your company. Entrepreneurs often do not have the opportunity to officially register their company at the address of the rented premises (the owner is against it, the tax office to which your current office belongs, etc., is not satisfied). But the address for official documentary registration of the enterprise is still necessary.

    In this case, you need to think about buying a legal address. Such options happen quite frequently today. The only significant nuance, in this case, is that your legal address will differ from the actual one. But if the first one is chosen taking into account all the requirements and recommendations regarding existing quality standards, you will not have any difficulties and issues in your work.

    You have to understand that for any government authorities, as well as your partners and clients, the only address of your company will be the one indicated in the founding documents and all official documentation. That is why it is necessary to take care to immediately acquire a high-quality and reliable business address, which you will not have to change in the future, going through many legally significant procedures repeatedly necessary to officially confirm this fact.

    Please note that the legal address will be recognised as valid only if the registration authority (tax office) is fully provided with the necessary package of documents confirming the authenticity of your contractual relationship with the owner of the premises.

    Every Detail Matters

    Unfortunately, when choosing between different offers on the legal address market, many entrepreneurs do not even suspect what principles should be followed to choose a truly high-quality and reliable option. The main point related to the acquisition is the completeness of the necessary package of documents (certificate of ownership, an act of acceptance and transfer of premises, etc.).

    Please note that the owner of the legal address provides you not only with confirmation from the tax authority of the fact that your company is located at a specific address but also provides additional guarantees in case of refusal to register your enterprise due to problems with the address (such guarantees can be expressed both in financial terms and in independent execution of a new package of documents for your company).

    Why Not at Home?

    Advantages of registering a company at the place of residence:

    • You do not need additional costs for the registration of a legal address for money.
    • It is convenient to receive correspondence addressed to the company.

    Cons of registering an LLC at the place of residence:

    • It may be difficult to obtain a licence.
    • The tax authorities may refuse to register the address of the executive bodies of the company at the address of the residential premises.
    • Not all banks will conclude a service agreement if the legal address for registering a company is your home.

    Hoxton Mix is Your Best Choice

    You can register a company in a large business centre, that is, buy a business address for the self-employed. These are the services you can get at Hoxton Mix. This is legal since the organisation can operate at different addresses.

    The main thing is that you can accept the check if necessary at the specified address. To do this, it is important to make sure that the address offered to you exists and there is a specified room. When buying, you can make sure that you are purchasing the address from the owner, and you can also check how many companies are registered at this address. If you decide to use our services, then you can not worry about all of the above warnings.

    This is not a purchase of premises; it is the provision of an address for rent. At the same time, you receive the necessary documents that allow you to register a company with the tax office at its legal address; you get the opportunity to receive checks at this address and receive correspondence addressed to your business.

    The service provides for all the details of owning a legal address, fully complies with the law and opens up a lot of opportunities for you to develop your business.

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    Rhys Gregory
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    Editor of Wales247.co.uk

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