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Service Office Rent, Coworking Space and Virtual Office Rent

In the last couple of decades, shared office rent (also referred as flexible office rent, instant office rent) has become very popular in Indonesia, especially in big cities like Jakarta, thanks to the growth of startup companies, small to medium enterprises as well as foreign investments. In the old days shared office rent maybe a strange concept, but today shared office rent is very common especially among emerging business practitioners and millennials, companies with remote workforce as well as local and foreign companies looking to establish local presence in Jakarta. This article elaborates the three most common types of shared office rent namely Service Office rent, Coworking Space as well as Virtual Office rent.

What is a Service Office rent
A service office rent is a lease of a fully furnished office that is managed by a service office provider, also known as operator. A service office rent typically runs for 6 to 12 months and extendible. A service office rent is not just flexible in terms of shorter contract but also in terms of size of the office. One can choose from the smallest room to accommodate 1 person or the largest office to accommodate up to 10 persons, or even more.

What does a Service Office rent offer

  1. A business address
    – Service office rent allows your company to have a legal business address
  2. A dedicated phone number
    – Service office rent provides a dedicated phone number so all incoming calls will be answered in your company name
  3. A dedicated ready to use private office of your choice
    – Service office rent allows you to choose a fully furnished and fully equipped office with size that matches your needs
  4. Complete office facilities (meeting rooms, lounge, pantry)
    – Service office rent allows you to access all office facilities
  5. Complete office services
    – Service office rent provides you with receptionist, cleaning, IT services

What are the benefits of Service Office rent

  1. Prestige
    – Service office rent gives you a prestigious business address at Jakarta CBDs
  2. Privacy
    – Service office rent gives you privacy within your own office
  3. Convenience
    – Service office rent allows you to occupy your office instantly and at any time
  4. Time and cost efficiency
    – Service office rent saves you time and capital otherwise required for furnishings
  5. Overhead reduction
    – Service office rent reduces your overhead as most office services are provided
  6. Flexibility
    – Service office rent usually runs for 6-12 months and extendible
  7. Scalability
    – Service office rent gives you more flexibility to increase/reduce your office size
  8. Networking
    – Service office rent gives access to shared facilities conducive to networking
  9. Efficient use of resources
    – Service office rent provides shared services and facilities, hence minimizes wasted resources

Why is Service Office rent popular
In case you are still wondering why service office rent becomes increasingly popular, here is some feedback from service office clients:

  1. Service office rent offers private office at a much more affordable cost than conventional office rent
  2. Service office rent saves time, we can start working instantly
  3. Service office rent saves capital, no need to worry about furnishings
  4. Service office rent adds to prestige, we can have a prestigious business address in Jakarta CBDs at an affordable price
  5. Service office rent lowers overhead, less office staff is needed compared to conventional office rent
  6. Service office rent optimizes resources and reduces waste
  7. Service office rent allows networking hence access to more opportunities

Who are Service Office clients

  1. Representative office of foreign companies
    – Service office rent is a convenient choice for representative office of foreign companies
  2. Small and medium enterprises
    – Service office rent is suitable for companies with small number of employees as it is more cost efficient than conventional office rent
  3. Representative office or branch of local companies
    – Service office rent is a prestigious choice for companies looking to set up presence in the capital city of Jakarta
  4. Startup companies
    – Service office rent is a cost efficient option for startup companies with limited budget for office rent
  5. Project based companies
    – Service office rent allows companies with new projects to kick off without any downtime
  6. Companies with interim needs
    – Service office rent allows companies with temporary needs, such as transition period, without disrupting business

What is Coworking Space
Coworking Space is in practice the real shared office rent, where you and your co-workers or other business practitioners each rent a working desk in an open or shared office setting. Unlike service office rent which gives you a dedicated office space, Coworking Space gives you total freedom to sit on your dedicated desk or wherever you like within the shared office.

What does Coworking Space offer
Coworking Space rent includes the same facilities and services as in a Service Office rent but without a private office:

  1. A business address
  2. A working desk (can be a dedicated desk)
  3. A dedicated phone number
  4. Receptionist & secretarial services (calls answering, mails and documents handling)
  5. Complete office facilities (meeting room, lounge pantry)

What are the benefits of Coworking Space rent

  1. Prestige
    – Coworking Space rent provides a prestigious business address in Jakarta CBD
  2. Convenience
    – Coworking Space rent offers working desk that can be occupied instantly
  3. Cost efficiency
    – Coworking Space rent is cheaper than a service office rent or a conventional office rent
  4. Flexibility
    – Coworking Space rent can be shorter than a service office rent
  5. Scalability
    – Coworking Space rent can be upgraded to a service office rent anytime
  6. Networking
    – Allows maximum interactions and networking opportunities with others
  7. Efficient use of resources
    – Coworking Space rent allows sharing of facilities and services, resulting in a more efficient use of resources

Why is Coworking Space rent popular
Coworking Space rent becomes popular for the same reason as service office rent. Though renting a desk in a Coworking Space does not give you much privacy, it does save time, cost and overhead. In fact, Coworking Space rent is the cheapest way to have a business address and a physical office in Jakarta CBDs which is not just modern but equipped with full office facilities (meeting room, lounge, pantry) and professional receptionist, secretarial and other services.

Who are Coworking Space clients

  1. Startup entrepreneurs
  2. Freelancers
  3. Self-employed entrepreneurs
  4. Independent professionals
  5. Remote workers
  6. Temporary/Part-time professionals

What is a Virtual Office rent
A Virtual Office rent is the cheapest, most flexible type of office rent. Simply said, a virtual office rent gives you a “space-less office”. Virtual office rent is an office rent without a physical office.

What does a Virtual Office rent offer
With the exception of a private office and a dedicated working desk, much like a Service Office rent and Coworking Space rent, a Virtual Office rent includes the same facilities and services:

  1. A business address
  2. A dedicated phone number
  3. Receptionist & secretarial services (calls answering, mails and documents handling)
  4. Complete office facilities (meeting room, lounge pantry)
  5. Working desk (optional)

What are the benefits of a Virtual Office rent
A Virtual Office rent gives the same benefits Coworking Space and Service Office with the exception of a dedicated working desk or a physical office, such as:

  1. Prestige
    – A Virtual Office rent offers a prestigious business address in Jakarta CBD
  2. Convenience
    – A Virtual Office rent gives you the flexibility to work from any place at any time
  3. Flexibility and Scalability
    – A Virtual Office rent usually runs for 1 year but it can be upgraded any time to a Service Office rent or Coworking Space
  4. Inexpensive and affordable rent
    – A Virtual Office rent is cheaper than a Service Office rent and Coworking Space, making it the cheapest type of “office” rent at prestigious Jakarta CBD location

Why is a Virtual Office rent popular
A Virtual Office rent becomes popular for the same reasons as service office rent and Coworking Space. The main attraction of a Virtual Office rent is its cost efficiency as there is practically no office overhead. Though it does not give you a physical office, it does give you a prestigious business address in Jakarta CBDs as well as access to modern, fully furnished and equipped full office facilities (meeting room, lounge, pantry) and professional receptionist and secretarial services.

Who are Virtual Office rent clients
The following are typical Virtual Office rent clients:

  1. Startup entrepreneurs
  2. Freelancers
  3. Self-employed entrepreneurs
  4. Small business owner
  5. Independent professionals
  6. Companies with remote workforce
  7. Temporary/Part-time professionals
  8. Holding companies

Who cannot choose Virtual Office rent
Certain companies/businesses are required by law to have a physical office, as such instead of a Virtual office rent, they will need a Service Office rent or a conventional office rent. The following are types of companies and industries that cannot choose virtual office rent:

  1. Representative office of foreign companies
  2. Companies engaged in the following line of business: e-commerce, construction, property, tourism, event organizer, transportation

Conclusion
Shared office, flexible office, instant office, whatever it is called, will likely to stay and grow especially in this digital era where virtual activities have become our daily activities. Besides, in the wake of coronavirus, we are forced to adapt to a different work-life pattern whereby working from home and remote workforce have become the new normal. Moreover, in economic uncertainty following the crisis, we learn to be more efficient in using our resources. All these factors will continue to support the growth of shared office because the benefits it offers match the needs of today’s world.

Amethyst Executive Suites provides Service Office rent, Virtual Office rent as well as Coworking Space at Jl. Sudirman (Central Jakarta CBD) and Jl. Simatupang (South Jakarta CBD). Amethyst’s office rent services are suitable for startup companies, small and medium enterprises, as well as representative offices of established multinational companies. To find out more about our office rent and promotional offers, please visit www.amethystsuites.com or call or whatsapp +62 896 3694 1711 (Sahid Sudirman Center) or +62 896 3694 1722 (18 Office Park).

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