The registered office address has always been the major requirement for setting up a business almost in every country in the world. However, it is also one of the greatest expenses that come along with having a business. For that reason, virtual addresses are not losing their attractiveness, as they allow entrepreneurs to manage mail correspondence, hold meetings, and answer calls at any preferred location for a rather reduced cost. While registering either of the addresses comes with certain legal questions, it is crucial to understand the requirements set by law and then choose the most convenient and cost-efficient option.

What is a registered office address?

The registered office address is the main requirement for setting up a company in Europe. It is an officially registered seat that can be used for legal correspondence with governmental institutions (example: Companies House in the UK). While the law does not require you to register the address in the city of your business operations, you must still establish it within the borders of the country where you’ve registered the entity. For example, if you will be conducting your business activities in Prague, you must have a registered office within the terr