Serviced Offices in Malta can be a set of individual offices sublet from a larger suite of offices. The Serviced Office administrator/proprietor rents (or owns) entire floors (or buildings) and leases out the smaller office spaces or workstations to businesses that don’t need, or can’t afford, large space. This variation on the traditional office idea has rapidly grown within Malta. Serviced Offices can go by many different names, depending on country and locality, such as: instant offices, plug and play offices, open plan office, executive suites, office business centre, office suite, executive office, furnished office, flexible office and shared-office space to name a few.
Serviced offices in Malta are suitable for businesses of all sizes, industries and requirements, with contracts available on as simple as a workstation (desk) or as large as a entire floor with rental terms that are flexible and tailor-made to business needs and requirements. This dynamic setting allows for the creation of a layout that is personal to one’s business, whether it is a simple traditional look or a more brand-specific, or creative image. Serviced offices are incredibly flexible in that respect and are there to fulfill the needs and requirements of any kind of business. If you’re after a standard layout, you would be able to move in almost immediately; however if there are layouts and alterations specified it may take a few days or weeks to complete. Another advantage is that serviced offices come fully furnished or offer this option.
There are many added benefits when renting space in a Serviced office. Generally, serviced offices for rent are located within a commercial centre and their proximity to restaurants, public transport, fitness centres and shops is easily accessible. They may also enjoy amenities that smaller offices may not be able to afford such as fibre optic dual internet connection (with backup lines), alarm systems, car parks, video conferencing, backup generators, and business support services like mail management, secretarial services and the like.
Serviced offices for rent in Malta tend to be favoured as the more cost-effective options for a short to medium term setup. For traditional office space agreements, the move in & set-up procedure is normally much lengthier, there is less flexibility than a short term agreement can provide and the start-up costs – especially when customisations are required -can be rather extensive. In addition, more often than not, the costs related with managing a traditional office can sometimes be disregarded. On the contrary, servived offices come fully equipped and ready-to-use, permitting you to build your business in a premium location without unnecessary expenses or a large initial capital outlay. This quick setup is most suitable for new businesses and startups; if you are relocating to a new position or are undergoing renovations at an existing office.
Serviced offices also help reduce the load on office administrators, allowing them to focus on the more pressing tasks of running their business. Many of the services provided within a serviced office can be added to a bill in a single combined invoice at the end of each month facilitating administration. Moreover, if you choose to utilise the space in a Serviced Office you are able to focus directly and make savings on your business since general maintenance, utilities and operating fees are included and you will not have to worry about cleaning, managing the property, hiring additional staff like technicians, handymen, and administering the relative payments.