Cost Efficiency Comparison
Compared with investing in an office space, equipment, relevant taxes, supplies and staff, employees or outsourced services of management, accounting, legal support, cleaning, catering, communication etc.; services provided by Business Suites Turkey offers your venture enormous amounts of cost and time savings.
Please find below an approximate comparison of an annual office budgets with our virtual office and office lease services that provide the exact same benefits; you will see that BST provides over 65% cost saving:
|
Minimum Annual Startup Cost |
Traditional Office |
BST Virtual Office |
|
Incorporation (LLC legal assistance + minimum expenses) |
€10,000 |
€6,000 |
|
Office Lease (most affordable in city center for a 50 sqm office space) |
€10,000 |
€4,000 |
|
Office Equipment & Supplies (basic office furniture for office with one staff only + basic desktop publishing devices and annual office supply average) |
€10,000 |
None |
|
Utilities (minimum electricity, heating, water, telephones and internet services etc.) |
€5,000 |
None |
|
One Director Salary (based on BST3 minimum wage salary + social security costs) |
€20,000 |
€6,000 |
|
Accounting Services (minimum annual service package offered by diligent international service accounting firms) |
€7,500 |
€4,500 |
|
Legal Services (minimum annual service package offered by diligent international service law firms) |
€7,500 |
€4,500 |
|
Cleaning & Catering Services (weekly cleaning service and basic kitchen supplies for office of one employee) |
€5,000 |
None |
|
TOTAL |
€75,000 |
€25,000 |
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