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Showing posts from October, 2019

Can companies avail input tax credit for most of their business expenses

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Dear Friends, The New GST reforms will clear all errors in the GST input credit process. This will reduce down the tax burden on companies or business owners So that the benefit can be shared with customers by lowering the cost of products or services. The input tax credit is one of the important features of GST, “Any GST registered person can avail GST input tax credit paid on the inward supply of goods or services which is used for the growth of the business. Under the current GST tax regime, if a retailer purchases a fridge, under GST, he can claim input tax credit paid on the new fridge when he files taxes. Also, the input tax credit could be claimed on the tax paid on taking a client for lunch, or on goods or services used for companies' CSR (corporate social responsibility). In GST, the input tax credit can be availed on all business expenses except employee benefits and construction. The new GST system is much more business-friendly and will increase...

What is the reason behind Virtual Office Addresses going for the GST Registration

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Dear Friends, We should be grateful to the Internet, online business or e-commerce has grown into a multi -million-trillion-dollar industry worldwide. From the specialized product lines and rare availability of parts to companies' branded goods and seasonal wise gift products, the virtual business stores exist everywhere, bringing the global business world close. And with the advancement of new technologies, the growth in eCommerce or online business is happening at a very high speed. As the online or eCommerce businesses function without a traditional physical office space, a virtual office address space and services provide equivalent to all the facilities and services offered by a physical office workplace. As the business owners expect, that the cost of taking the virtual office significantly is reduced. There are many benefits in using a virtual office address and services to grow online or eCommerce business, let us discuss them below:- What do we Understand by Virtual...

To build my business credit, do I really need to have a commercial address

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Dear Friends, Growing you business credit is very important part of any business. Usually businesses do not need investment in the starting stages of the business.Good business credit score can increase the value of the business. Business credit is track history of business/ company/ investor financial responsibility. The business credit score is used to calculate whether a company is in good financial reputation to give financial assistance to, it can also allow a lower interest rates or lower insurance premiums. The need for Virtual office Commercial business Address to take Business Credit. For new small businesses or startups, commercial address give and maintains business credibility. But we need to understand that , banks and investor generally do not accept home address or PO Box addresses as business addresses. Home addresses can bring up security/safety & privacy issues. Sometime homeowners’ association don’t permit for businesses to be operated from residen...

What is the procedure of APOB in Amazon India

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Dear Friends, The digital world is growing at a very fast rate and it is becoming more and more efficient, While hi-tech technological advancement in the field of business, medicine, and much more is making the global world an interesting place to live in. Virtual Office Address for GST Registration:- Virtual office spaces are hi-tech and productive with a lot of use for eCommerce or online companies. A virtual office offers a prime address location, with corporate image and adaptive usage. Virtual Office Spaces:- Virtual office spaces are great for e-commerce companies, considering the number of basic office necessities they offer to a company in terms of their professional services. The virtual office business model offers a simple effective business solution to a complex and incurring high-cost problem. Take a Virtual Office for Business Registration in all Over India/ PAN India. What do you do, if you want a prime location Business Address but do not need a brick a...

How can my eCommerce or online business benefit from virtual office space and services in India

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Dear Friends, We should be grateful to the Internet, online business or e-commerce has grown into a multi -million-trillion-dollar industry worldwide. From the specialized product lines and rare availability of parts to companies' branded goods and seasonal wise gift products, the virtual business stores exist everywhere, bringing the global business world close. And with the advancement of new technologies, the growth in eCommerce or online business is happening at a very high speed. As the online or eCommerce businesses function without a traditional physical office space , a virtual office address space and services provide equivalent to all the facilities and services offered by a physical office workplace. As the business owners expect, that the cost of taking the virtual office significantly is reduced. There are many benefits in using a virtual office address and services to grow online or eCommerce business, let us discuss them below. Book Best Virtual Office Space ...

Why is the internet the best thing to happen for small Indian business companies

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Dear Friends, We would not have grown so-much without the Internet. Today, we use the internet or worldwide web (WWW) for anything and everything. Like online air travel tickets to the online grocery store. As we are totally dependent on the Internet, it is has become a necessity in today's life. When we are thinking of starting a company, having the companies internet or online existence is very important. The Internet stores information regarding, mostly all companies addresses, phone numbers, etc. The Internet has become a mandatory business tool for any business. Virtual Office for Business Registration 1. The Internet provides level playing for every business:- People visiting a company website, does not know if its an individually managed company or a big corporate business/ only when a person studies website, then only he can get more information about the company. Normal people are looking at the website to meet their requirements. Customers come to website to buy...