Secure your London Virtual Office with City Office today
Our excellent prices within the UK ensure we are able to cater to all markets.
In the UK, we at City Office can offer the top London virtual office to suit your own personal requirements, including London mail-forwarding or telephone answering services, each of which can be purchased individually or at a discounted package.
Our excellent prices within London ensure we can cater to all markets, starting with the cheaper virtual office solution
to the more expensive, prestigiously placed office locations such as a virtual office in Mayfair
, or other such high profile areas within the country. To find the perfect solution for you, browse through our Virtual Office London addresses and view their details.
Why get a Virtual Office in London
Functioning as the UK's main financial centre and recognised as the best business city in Europe, London has a major proportion of Fortune 500 companies based in the city, which is also recognised as a cultural and educational capital.
Now consider that there are 4.5 million small businesses in the UK, with SMEs accounting for almost all enterprises. These SMEs employ an estimated 13.8 million people, with the combined annual turnover estimated to be £1,500 billion.
The private sector constitutes over half of all employment and close to half of the turnover. Furthermore, there are 876,000 businesses in construction (which equates to a fifth of all UK enterprises) in the UK, with London having more enterprises than any other region (748,000).
Banks in the UK account for over 20% of world banking business, making London the largest international banking centre around the globe. Outside lending by UK banks to overseas companies amounts to over $4.5 trillion (2010), with total banking assets at around £8 billion (equivalent to more than five times the country's total GDP).
A majority of the world's greatest banks have selected London to locate important sectors of their international business activities, with more foreign banks (inc. branches or subsidiaries) than in any other country. The assets of UK banks are about equal to that of those from foreign-owned banks in the UK, with the Association of Foreign Banks survey (Spring 2011) estimating that foreign banks in the UK employ more than 160,000 people.
FAQ's about our London Virtual Offices
Q: Where are your Virtual Offices in London located?
A: Our London Virtual Offices are located in well situated commercial districts, typically close to major transport links and local businesses that compliment a good working environment. The areas in London that we have business centres that offer virtual offices, make up the most popular districts to base your business. Within the West End, we have several locations across Marylebone, Mayfair, Soho and Covent Garden. As we move further east, we offer locations in Holborn, Farringdon and Shoreditch.
Q: Which London location should I select for my business?
A: Certain areas of London are synonymous with certain types of businesses. As an example, if you are a hedge fund or involved in private equity, then our virtual offices in Mayfair are most suitable. If you are in marketing, design or media, then our virtual offices in Soho and Covent Garden may be more appealing to you, as these areas host some of London's leading firms in this sector. For tech companies and start-ups, Shoreditch and Farringdon have become incredibly popular, historically due to the attractive rates on offer, but more so more recently, due to the huge explosion of cafes, restaurants and bars that have opened to cater to the mass influx of young professionals.
Q: How much does a Virtual Office in London cost?
A: This mainly depends on the location within London that the address is situated and the standard of the building. Generally speaking, the cost of a virtual office address can range from £19 per month to £150 per month. The cost of a virtual address is usually tied to the cost of the area in which the office is located. An office in Mayfair, whereby property in Mayfair commands some of the highest prices per square foot in London, would be more expensive than an area in London where leases are cheaper, such as Farringdon or Holborn. That being said, the inverse can be true; a basic building in an expensive or prestigious area may be cheaper than a building of high quality, in an area that’s not as expensive or prestigious. We recommend that you look through the many different options that we have available to make an informed decision.
Q: Which London Virtual Office address services do I need?
A: Depending on your circumstance, there are a number of different options available to you. Across all the means in which you can trade, be it a sole trader, limited company or LLP, the use of our address as a Business Address is suitable if you want to use the address for general use such as on your business cards, websites and marketing material. Other services such as Service Address and Registered Office Address are specifically for businesses and company directors to use. Our Registered Office Use service is used for registering your company at our address as the companies official registered office. When you form your company here in the UK, you’ll be asked to provide an address for this purpose. Service Address, or otherwise known as Directors Address, is asked for when forming the company, so that Companies House can send certain statutory documents to the Director(s) of the company. As most people do not want to use their home address, this is an ideal solution for them.
Q: Can I use your