How can any individual or registered business avail the services of a virtual office address in India

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Dear Friends,
Virtual office address and services have been around for some years and doubt related to virtual office services keep coming in the mind of business owners. We will try to clarify these doubts in this answer.

Registered Office Address In Virtual Office

A registered office address is a legal requirement of all limited companies and limited liability partnerships (LLP). Its main objective is to provide companies house, HMRC and other Government bodies with the office address for delivering statutory mail and legal notices.
Virtual Office Space, Address on Rent all 29 states of India
It has to be a full, physical postal address in the same state where your company is registered. Both residential and non-residential addresses are permitted, but most commercial addresses are used. Your registered office doesn’t need to be in the same part of the county where you have your main trading activities or nor do you visit there. It is specifically for receiving office mail and storing Government statutory records for inspection purposes.

What is virtual address PAN India

The company can use the virtual office address for business/company registration, GST registration. Since the virtual office address gives a prime location professional address it can be used for business correspondence like business cards, letterheads and company brochures, and mails. Plus getting a courier/parcel/mail forwarding service, with this service, one will get his or her mails on time at the desired location I required. A virtual office does not require any office lease or utility payments, no hardware, and other miscellaneous costs.
As Virtual offices can be set up in different cities like Bangalore, Guru-gram, etc. Having a physical office working space in all the location is financially not workable for new startup small company, but simply having a Virtual office address and a phone number can increase companies business market area for their products/services. With the virtual address and phone numbers, the virtual office providers also provide services like fax and mail handling services.
Virtual office address and services are getting very popular, one company can have several office addresses in different locations in the country by virtual office addresses. To incorporate your business with virtual office services, it will provide a business address at a very low price. And when a company requires a physical office address for temporary utilization one can use the co-working space for that.

Services provided by Virtual Office

  • Virtual office space:– It gives a company to have a high profile prime address in a city when they want to expand their business operations at multiple or other locations at a very low cost.
  • Mailing address:– This facility can be used for receiving, sending and forwarding courier/parcel/mail at the desired address.
  • Conducting Business meetings:– It can be rented at short notice for a short period of time i.e as minimum as one hour.

Types of business which can use virtual office

Any individual business owner or registered business can take the services of a virtual office address. The only requirement is KYC (Know your customer) documents to be provided to the virtual office address provider.
Virtual Office address for registration of LLP in India.
To register an LLP,
  • You need a registered address
  • NOC from the landlord.
  • Latest Utility Bill Copy
  • Virtual Office Agreement Copy
Virtual Office For GST Registration
What is GST registration in multiple states of India
If you a company is providing services in multiple states of India,
Reason being
  • New GST registration will be required.

When does a company need multiple state GST registration

For example: If you are a Delhi based service provider who provides services in Bangalore, then you need a GST registration for both the locations.
When the setup is in more than one state of operation
  • The company needs to obtain multiple GST registrations.
  • Complete compliance with each of that registration.
  • The invoicing/bill should be stored according to the states.
  • The input tax credit should become state-centric.
When the setup is in multiple states.
  1. The Company needs to obtain a GST registration in every state where it has an office.
  2. GST compliance for every state should be handled on an individual state basis.
  3. Invoices/bills raised should be handled, according to the different states.
  4. Input tax credit services as per the specific state.
In the past even if a company is doing business in multiple states, one registration uses to work which is for the place where you have your companies head office. In the present GST system, the need to break down the taxes into relevant states and pay as per the relevant state.
When and how to get registered in different states under GST
If doing business in different cities require multiple GST registrations. In case, you are a service provider in multiple states without a physical presence there, you only need to get a registration in the state you are physically present. But if you are present in other states as a service provider or a good supplier then you need to obtain a GST registration in all the states you operate in. so, therefore, you need individual GST registration on all these states.
How do GST registration for company branch offices and business verticals in different states of work
As per the CGST Act, the suppliers of the taxable goods and services required to register under GST in a state. There the provision provided in the GST Act for obtaining GST registration for branches. A taxable person under GST in each state or Union Territory can obtain the GST registration form where the taxable supply of goods or services is made. The first 2 numbers in GSTIN are tied to the state of registration. If a business is being operated in 2 different states, then the first 2 numbers of the GSTIN would change while the PAN of the entity would remain the same. If there is more than 1 GST registration within a state the entity code would also change.
GST registration for branches within a State
  1. Have more than one business vertical.
  2. The business has to be registered to pay taxes under the GST composition scheme.
  3. All the business verticals have to pay tax on the supply of goods or services to another vertical of the same business and issue a tax invoice for such supply.
For separate GST registration to be issued within a state the following conditions have to take care of.
GST registration for Branches
GST registration can be obtained by making it in FORM GST REG-01. FORM GST REG-01 in the form which is used by all the businesses to apply for GST registration. The normal procedure for the GST registration application and documents required are to be submitted by the business for obtaining GST registration. This application is forwarded to the officers for verification and then the certificate is granted which takes around 7 working days. The GST registration certificate indicated the principal place of the business and also the additional places of the business.
Advantages of taking a GST number/registration through a virtual office address in India
The virtual office address is a business center that is provided to the clients with a professional image without the stress of traditional images. A virtual office is taken by E-commerce, travel agents, real estate brokers, CAs, etc. For e.g., E-commerce sellers take the Virtual office address of the warehouses in the different states with the GST number. Virtual office address with GST number explore the business and help to maintain the IGST from CGST and SGST. When you take a virtual office address with GST registration then there is no problem with invoices.
Advantages of GST registration are mentioned below
  1. GST will help remove the effect of the tax in India. This is the way we can see that the crucial step forward reforming the indirect tax system in India.
  2. The interstate business will be cheaper. The tax burden will be reduced for the companies since a uniform tax will be paid in all the stated across the country.
  3. For the international players, this uniform tax structure on indirect tax will help in ease of doing business.
  4. It will also streamline the unorganized players as all the stakeholders who have already paid tax will compliance proofs to claims their set-offs. This will bring transparency in the system.
Virtual Office for GST, Business Registration in India
Types of Virtual Office Space Plans
  • Virtual office address for Business Registration
  • Virtual office address for GST Registration
  • Virtual office space For Mailing Address
The cost of Virtual office Address starts at minimum Rs.1000/ per month
For more detailed information contact us 24/7 —+91 8882702020

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