Why Tech Companies Should Set Up a Virtual Office in Texas

In recent years, analysts have called Texas and the major cities in the state the new "Silicon Valley". In Austin alone, the number of people working in high-tech industries has grown by 28%. Dallas, Fort Worth, San Antonio, and Houston have seen similar increases.

Hybrid and remote working has become the new normal in the tech sector, with both employees and employers adapting well to it. 60% of tech professionals want to work remotely 100% and 20% want to work at least 50% of the time from home.

With this change in employee expectations, employers no longer need to invest in large physical offices. As a result, demand for virtual offices in Texas has soared in recent years.

In this article, we look at the nine compelling reasons your business should become part of the Texas tech hub. Then, we will share the details of 12 Regus offices at prime business addresses in the state that you can use as your virtual office.

Why tech companies can benefit from a virtual address in Texas

The tech scene in Texas is thriving. It’s become a magnet for entrepreneurs, investors, and the most talented staff.

There are many important reasons behind the growth of the tech sector in the state. Below, find out why Texas has become the go-to destination for technology companies.

Diverse and skilled workforce

Texas is home to many top-tier universities producing some of the most talented graduates in America.

Notable universities in the state include the University of Texas, Texas A&M, the University of Houston, and Texas Tech University. There are many coding academies in Texas, too, where programming skills are readily upgraded.

For tech companies, the talent pool is deep. Texas is full of tech hubs with Austin and Dallas in particular attracting the best employees from across the state and beyond.

Other key draws include competitive salaries and a lower cost of living compared to the rest of the country.

Business-friendly environment

Texas prides itself on how well it accommodates the needs of the businesses that operate from here. This is even woven into the legislative fabric of the state, with the state legislature only meeting every two years to prevent endless regulatory changes and promote commercial stability.

The state and the individual cities also each provide a raft of grants and other support measures to help businesses. One of these grants is the renowned Texas Enterprise Fund, one of the largest ‘deal-closing’ funds of its kind.

This fund guarantees that if you can prove your business has provided a significant community or economic benefit, you will be eligible for funding. This demonstrates Texas’ commitment to helping companies to set up, expand to, or move here.

Texas also invests billions in roads, transport, and other infrastructure to ensure companies here can remain seamlessly connected, regardless of what city they establish themselves in.

Combined with the lack of red tape and low running costs, the state is a magnet for tech entrepreneurs.

Tax advantages

Texas has no income tax, period. It's one of the few remaining states where individuals and businesses keep all the cash they make.

The state also provides help to businesses that invest in research and development. This is alongside the federal tax credit you receive when you operate here. You can get back up to 75% of the expenses you incur when your company innovates to try to gain a competitive advantage.

Each city in the state offers its tax advantages, too. Dallas offers incentives to manufacturers and aerospace companies. Houston gives breaks to energy firms and life science companies. But these are just a fraction of the incentives on offer in Texas.

Shop around the cities and you’ll be sure to find compelling commercial reasons to establish your business in each.

Thriving tech cities

Cities in Texas also offer attractive tax breaks for tech companies that invest in them. Notably, Fort Worth offered Facebook and San Antonio offered Rackspace Technology major tax perks to set up in their cities.

And tax is not the only reason companies look towards Texas. Companies like Oracle, Charles Schwab, and HPE came here because of innovation hubs like the Texas Innovation Center.

The Center works with startups, scale-ups, and big corporations to help monetize their ideas. They get firms to work together and this often leads to greater creativity and breakthroughs in product development.

Collaborative business environment

Collaboration happens all year round in Texas. Each of the major cities hosts regular tech networking events so that you can share your insights with fellow entrepreneurs. These are great places where you learn about new trends and technology that can help you grow your company.

The state is also home to many tech conferences, large and small, during the year. Here, you get to see the tech of tomorrow for yourself before it's released to the market. It’s also an opportunity to find brand-new buyers and engage with them directly at their stands during the show.

Investment opportunities

Texas is home to a large venture capital community thanks to its booming economy. Texas is one of three states that attract 35% of all foreign inward investment in the U.S., too.

A selection of private equity and VC firms in the city, together with angel investors, specifically try to cultivate growth in the tech sector. Many of the local tech incubators and accelerators include access to funding opportunities as part of their service.

If your idea is compelling enough, Texas is a great place to find backers who believe in your vision.

Market access

Texas and California are the two most populous states in the country. This provides tech firms with a sizable, wealthy, and diverse market for their products and services.

Being centrally-placed, companies here are well-positioned to serve clients on the East and West coasts, too. The growing Mexican and Latin American markets are also close by.

Industry clusters

Texas is not all about oil nor is it all about tech, as important as they both are.

The state is also home to significant clusters in the following industries:

For tech firms, these sizable sectors are a chance to develop specialized solutions tailored for these industries.

If you solve the problem for Texan companies, your product may solve the same problems for companies in the rest of the country and around the world.

Resilient state

Thanks to the diversity of its economy, Texas has a unique ability to overcome economic challenges that other states find much harder.

After the financial crisis of 2008, Texas avoided the Great Recession and performed much better than other states in the union.

Since then, Texas has continued to diversify its economy. When some sectors suffer in the economic cycle, other sectors thrive. This spread of industries provides the state, its businesses, and citizens with a cushion in times of uncertainty and upheaval.

Top cities in Texas with a strong tech industry

The five biggest tech cities in Texas are Austin, Dallas, Fort Worth, Houston, and San Antonio. Other popular tech virtual address locations in the state include Round Rock, Plano, and Irving.

Below, we survey the tech scene in each city and share with you who's there already. We also list three prime Regus Texas virtual business addresses you can choose from in each metropolis.

Virtual offices in Austin, TX: The 'Silicon Hills'

Austin is a hub for tech businesses. One of the biggest employers in the city is Dell. But you’ll also find that tech giants like Google, eBay, Apple, and Cisco all have a major presence here.

Many local businesses like Zebra and WorkRise have achieved "unicorn" status meaning they have valuations of $1bn or more. This is the fastest-growing tech destination in the state.

If you're looking for a virtual office in Austin, TX, consider these three prime Regus business addresses.

501 Congress Avenue

501 Congress Avenue, right in the heart of Austin, is a prime location in the city. The center is easy to get to with the 150 6th/Congress bus stop and the Downtown Light Rail Station very close by. There's also structured parking and bicycle storage here too.

Choosing this center as your virtual address sends a strong statement of intent to investors and clients. The exposed ceilings, stylish decor, and central location leave a great impression. If one of your investors or clients wants face-to-face time with you, meet them in one of our state-of-the-art meeting rooms.

Step outside the office into the heart of Austin at the end of the day to enjoy what the city has to offer. There are great restaurants, shops, and entertainment venues to enjoy. Don't forget to check out the local attractions like the Mexic-Arte Museum and the Museum of the Weird, too.

Highlights include:

Information about 501 Congress Avenue:

Dobie Center

Dobie Center is next door to the University of Texas Campus. On your doorstep are thousands of ambitious undergraduates who have the talent to drive your business forward. This part of the city is also home to many high-tech businesses and an active investor community.

This center, complete with a car park, is stylish, benefitting from stylish brick and wood walls and modern street art murals. It's a great place to welcome investors and clients who want a face-to-face meeting.

You can also book conference rooms by the hour or office space by the day as a Regus virtual address client.

This is a lively and fun part of town with a wide selection of cafes and eateries. Whether you want a business breakfast or somewhere to entertain clients after hours, you'll find it here.

Highlights include:

Information about Dobie Center:

Plaza 7000

Located in one of the city's main important tech clusters, Plaza 7000 is one of the most sought-after virtual offices in Austin, Texas.

This is a well-appointed center located in a stunning and modern glass building. From its large windows, you can see right across the city. Inside, you'll find a stylish and minimalist decor, making this an attractive place to establish your business.

To show investors and clients that you mean business, book a meeting room here by the hour and show them around the center. The outside seating area and terrace are great for formal and impromptu get-togethers.

There's also a popular and fully kitted-out gym and fitness room onsite if you want to burn off some calories. After you freshen yourself up in the center showers, refuel at the on-site restaurant and coffee bar.

Close by to the center is the Village, a major Austin shopping mall. Pop here to pick up the essentials or spend time enjoying its great choice of shopping and dining options.

Highlights include:

Information about Plaza 7000, Austin, TX:

Virtual offices in Dallas, TX

Dallas is home to a booming tech scene and a thriving venture capital community. You'll find a wide range of fintech, health tech, and leading IT companies in the city.

It's even appointed its own Entrepreneur-in-Residence. Their job is to support tech startups and help the city build up its talented and diverse workforce.

Become part of the tech community here with your own virtual office in Dallas, TX. Here are three of the leading Regus centers in the city.

5956 Sherry Lane

5956 Sherry Lane is in a great part of downtown Dallas. Our center, located on the top floor, gives amazing views of the city. 5956 Sherry Lane is easy to get to by public transport but, if you fancy taking the car in, there's private covered parking available for you.

This modern, stylish center benefits from an aesthetically well-balanced mix of bold and neutral colors. You can see the attention to detail everywhere, even in the restrooms. There's an on-site gym and 24-hour security too.

Virtual address clients can book office space here on a day-by-day basis if they want to work from the city. You can also meet investors and guests at one of the state-of-the-art conference rooms. Just call the reception team and book rooms by the hour.

At the end of the meeting, show them stunning views of the city from one of the four private balconies.

Being so central, there's lots to do in the area. Check out the wide range of shops if you need to unwind with a little retail therapy. Take out investors, clients, and the team for a treat in the many nearby shops and restaurants.

Highlights include:

Information about 5956 Sherry Lane:

Uptown

Uptown is another prime Regus location at a prestigious address in downtown Dallas. The center has fantastic transport connections thanks to its easy access to Highway 75 and Spur 366.

Uptown boasts a modern and inspiring interior layout. The center is spacious and light, conducive to collaborating and networking with other businesses.

This is one of the liveliest and most exciting parts of Dallas. There are some great independent shops, restaurants serving a range of cuisines, and amazing nightlife.

You should visit the brilliant Arts District too, as it’s home to some of the city's best cultural attractions.

Highlights include:

Information about Uptown: