The process of forming a limited company requires several addresses to be submitted, some of which will appear on public record. In this article , we discuss the benefits of using professional address services for a company, which is becoming increasingly popular due to privacy concerns.
Companies without commercial office premises will sometimes use the home address of directors, but this comes with privacy issues. However, professional address services provided by Dawgen Global can provide a solution to businesses that don’t have or require dedicated commercial premises.
What are professional address services?
A professional address service is where a third party, e.g. a company formations agent such as Dawgen Corporate Services provides a valid geographical address for use by a company or its directors.
Registered office, service address, and business address – what’s the difference?
The provider of the professional address service will provide a range of services that will allow the company or directors to use the address for official and/or business purposes. Additionally, the Team at Dawgen Global will forward all mail received at the address by direct delivery or digitally by scan and email.
What are the advantages of using Dawgen Global professional address services?
There are several good reasons for using professional address services:
- Privacy:Companies without commercial office premises, which would otherwise need to use the home addresses of directors or shareholders, can ensure these are kept private by using a professional address service.
- Professionalism:Using a home address often imparts a less professional image of your business, particularly if it contains a flat number and is located in a residential part of town. Using a professional address service within a commercial district can enhance the image of your company and make a better first impression.
- Compliance:It is a legal requirement to provide a registered office address, and service addresses for company directors and Shareholders
- Consistency:Even if you do have commercial office premises, if you move to a new location the address will need to be updated on Companies Office , your website, email footers and any business stationary. Updating addresses can be costly, both in terms of time and money. Using a professional address service means that you don’t need to worry about updating the address, no matter how many times you move office.
- Cost:Using professional address services is much cheaper than renting commercial office premises. And if your business uses flexible or co-working office services, they may charge a lot more to use their own address for business purposes compared to professional address service providers.
What sort of professional address services are available?
Dawgen Global offer the following types of professional address services for limited companies and their directors:
Registered Office Address Service
Companies that do not have a commercial office can use our registered office address service. For an annual fee of J$30,000, companies get a Dawgen Towers , New Kingston , address which they can use as their own registered office address.
This address can be used to register the company and for all official documents and correspondence. We will scan and email all official mail to you on the same day we receive it .
Company directors who would otherwise need to use their home address as their official correspondence address can use our service address offering. For an annual fee of J$15,000 , company directors are provided with a central service address.
This can be used as the director’s statutory correspondence address for the receipt of official mail. We will scan and email all official mail to you.
Company secretaries, founding shareholders/promoters (i.e. first shareholders or guarantors who become members during the company registration process), and People with Significant Control (PSCs) can also use the correspondence address service.
Companies that need an address for all their general business correspondence can use our business address service. For an annual fee of J$30,000, your business gets a professional New Kingston address which you can use as your primary correspondence address*.
We will forward all your business mail received at this address to an alternative address of your choosing, daily.
* This is separate from our registered office address or service address offerings, which need to be purchased separately.
What addresses must be submitted when forming a company?
Registered office address
This is the official address of a limited company. It is required for purposes of registering the company with Companies Office . The registered office address should be used in any official documents and correspondence. It must also be displayed on all company stationery, emails, and websites.
A registered office address can be the home address of a company director, but it is published on the public register of companies and is therefore viewable by the general public. A home address that was initially submitted as the registered office address cannot be removed from the public register.
Our Services
Our services are perfectly tailor-made to suit your business requirements so if there is anything we haven’t mentioned in this article or you have a question about our service, we’d love to hear from you! You can contact us by either calling us on 1876-9265210 or send us over an email at [email protected]
