DEFINITION
Operating Address (OA)
An operating address is the physical location where a business conducts its core activities. It is distinct from a registered address, with it primarily being used for legal correspondence.
Synonyms
Business address, workplace address
Acronyms
OA
Share
Synonyms
Business address, workplace address
Acronyms
OA
Examples
A cryptocurrency exchange is headquartered in Zurich, Switzerland and uses this as its registered address. This means that legal correspondence will be done through this address and it will be interred into the Swiss commercial register, the Handelsregister. However, the company’s customer support office is headquartered in Geneva and this is where the company performs its main activities. Therefore, this will be the operating address.
FAQ
What is the difference between a registered address and an operating address?
A registered address is for legal correspondence and doesn’t necessarily relate to where businesses actually perform business activities. The operating address is where business activities are performed.
Can a company have multiple operating addresses?
Yes, companies with multiple locations or branches can have more than one operating address.
Why is the operating address important for compliance?
Identifying the operating address of a legal entity helps ensure the legitimacy of a business’s operations and allows regulators to confirm the physical existence of the entity. This in turn proves that the business isn’t an undisclosed shell company.
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