Founders may decide that an external workspace—whether a co-working facility or an office—would be advantageous for productivity and collaboration with co-located team members. If founders wish to rent office space, OCV advises them to discuss budgetary and tax implications with the finance team before making any leasing commitments.
Out-of-US founders will need to pay leasing bills directly and then submit expenses through the company's payroll platform for reimbursement.