Which is the quickest & easiest way to start expanding your business with the help of Virtual Office in India

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Dear Friends,
More and more small businesses/ SMEs/startups across India have taken Virtual office address & solution to start spreading and growing in India. There have been many instances when companies decided to make most out of the opportunities emerging, growing economy of India.
The Indian economy has opened doors for many startups and entrepreneurs to implement their new ideas on the Indian business market. Testing waters in new and diverse business geography like India can be tricky and risky. Thus, companies look for a virtual office that will give them a physical office address and a telephone number at a prime corporate business location and meeting room spaces needed. This saves the company hassle of hiring staff and spending a significant amount of money on renting.
Setting up such a branch office in India gives businesses the buffer time needed to focus on the expansion of their business. Should the business fail to capture the market, the company can pull out without suffering any major financial losses.
The concept of a virtual office in India is at a growing stage, but it is calculated to grow at a rate of around 25% per year. A city that is seeing high growth in India is Chennai. Virtual office in Chennai is located in the IT corridor of the city. This area is well-connected to other business of the city and is ideal to start a new company.
When a company enters India or expands its operations, three type of business can be started – liaison office, a wholly-owned subsidiary, or branch office. Starting up a new company in India can be done in the following steps:-
Business registration Requirements:-
  1. Obtaining a director identification number (DIN) from the Ministry of Corporate Affairs portal
  2. Getting a digital signature certificate from a private agency authorized by the Ministry of Corporate Affairs
  3. Reserving the company’s name with the Registrar of Companies (ROC)
  4. Getting the company documents stamped at the State Treasury or authorized bank
  5. Getting the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate affairs
  6. Making a seal
  7. Obtaining a permanent account number (PAN)
  8. Obtaining a tax account number (TAN)
  9. Registering with the Office of Inspector, Shops, and Establishments Act
  10. Registering for Value-Added Tax (VAT) at the Commercial Tax Office
  11. Registering for Profession Tax at the Profession Tax Office
  12. Registering with the Employees’ Provident Fund Organization
  13. Registering for medical insurance at the regional office of the Employees’ State Insurance Corporation.
BENEFITS OF VIRTUAL OFFICE
Business address: The best way to get a business address is to take a virtual office address in India. Your calls and e-mails are handled by the professional staff at a very economical cost of setting up a physical office.
Bank account: With virtual office address, the company can open and operate a bank account in India with all major international banks. Certain professional firms provide assistance and signatory services for this function. To open a branch office in India, permission from the Reserve Bank of India (RBI) must be sought.
Association & Business bodies for a business network: A variety of industry associations exist in India to provide support to new companies. Virtual offices provide a variety of benefits for firms looking to test a new idea in India while keeping their operations costs low. A professional business presence is necessary for the success of any new company. With virtual offices, such as step can be taken.
VIRTUAL OFFICE IS USED TO TAKE GST REGISTRATION, WHICH IS MENTIONED BELOW:-
  1. Virtual Office Address for GST Registration-Register for a GST number anywhere in India with the help of Virtual office. With a virtual office address, you will be able to register for GST for that location. Moreover, you will be provided with all the necessary documentations like NOC, Agreement, Signage, Electricity Bill. Note: Very useful for companies, when they do not need a physical office, but only want Virtual office address in any state of India, for GST registration.
  2. Virtual Office for Business Registration-Register your business anywhere in India without a physical office address with a Virtual Office Address. You will be provided with complete documentation, prime location address, and all in-office services. Virtual Office address can be used for registering your business with MCA (Ministry of Corporate affairs) or local bodies. Note: Very useful for any company to get their Business registration done, anywhere in India, at a very low cost.
  3. Virtual Office for Mailing Address-If you need a Prime Office Address for the purpose of courier handling then virtual office in the solution for you. With the help of virtual office, you can get an address for mailing purpose at prime business centers anywhere in India.

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