In order to do business, you must have a statutory registered office. Previously, these registered offices could only be physical, but thanks to an amendment to the Civil Code in 2009, your registered office can now also be virtual.A virtual registered office fulfils all the legal requirements, but the entrepreneur only rents this address and does not use it physically. Perhaps because he does not need such an office for his business at all, he wants to minimize initial costs, or his business is mainly conducted in the field (e.g. traders, carriers, taxi drivers).