Tips & Tricks: Your Co-working Space Tenancy Agreement!

BE CAREFUL TO THE ACCURACY OF YOUR CO-WORKING SPACE TENANCY AGREEMENT

Nowadays, co-working spaces are offering more and more membership agreements, which cannot be considered as proper and accurate tenancy agreements. What do I mean with proper and accurate? If you need a tenancy agreement for opening a company bank account or applying to a visa, you often need it to be officially stamped by the Inland Revenue Department. A membership agreement is not recognized by the Inland Revenue Department, so it cannot be duty stamped.

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