A serviced office space is an office that is provided and equipped by a facility management company. The services provided may vary by provider but generally include specialized office space (conference rooms, workrooms, etc.), utilities, IT infrastructure and various office equipment.

In general, serviced offices aim to provide all necessary business facilities in one bundle and in a ready-to-use state, eliminating the need for preparation and set-up procedures. Depending on the provider, a serviced office can be rented at different payment and equipment conditions:

Facilities and equipment can be rented together for a fixed payment that covers most of the facilities and services, or each item can be rented separately, giving more flexible pricing policy
All equipment can be leased to a single company for the exclusive use of the company's employees, or it can be used in a common space shared by other companies renting serviced office space in the same business center

Serviced office advantages
Serviced office advantages are numerous and can be roughly divided into the following categories:

Convenience;
Business presence
Economic substance