The world has completely changed from the way that things used to be. Everyone used to get up in the morning at a certain time, commute to an office building and then return home in the evening. This is still the norm for many people today but there are also others who have adopted a new lifestyle. They stay in their homes and complete all the work that they have to from the comfort of their preferred environment.
Owing to these changing times, virtual places of business or virtual offices have become increasingly popular. A virtual office address allows businesses to have a physical work address and also conduct other office services without having to physically go to the building.
People can avail services such as a mailing address, a receptionist, video conferencing and meeting rooms if they wish. These services can help them run their business in a much more effective way.
Under the new GST scheme, businesses that meet certain conditions have to register themselves under it. There are many advantages under the GST scheme that can also be helpful to the success of businesses.
Benefits of VPOB or Virtual Offices
These are some of the benefits of virtual offices that make them so popular:
No time required for commute
Employees do not have to travel to a physical office building in order to carry out their daily activities which means that they can work from home. Thus, they will not have to spend time commuting to and from their office. This will help them have extra time that they can use in other productive ways. They will have reduced stress from not having to deal with traffic or a fear of being late to their place of work.
Employees tend to work more efficiently in a virtual office setup. Since they are working from home, they are able to maintain their own schedule and get their work done. People who dislike working in office spaces cramped with many people will greatly enjoy being able to work from the comfort of their homes like this. Employees are also happier working for a lower pay as long as they get to work from home which helps companies save more money.
In a physical office space, employees have to be able to commute to their office daily, meaning that they have to live at a certain level of proximity from there. However, with the virtual office in India, employers will be able to hire people from all over the country knowing that they can work from home. Thus, the company or business can now have a much wider reach with highly talented employees that may not have been available to be hired before, owing to the physical workspace constraints.
Reduced cost of running a business
The business does not have to worry about paying high rent for the office space, getting furniture or utility payments. The money that is saved from here can be invested into the employees or into the business in some other productive way.
In a normal bricks-and-mortar office setup, a large workforce and accommodation space would be required to maintain it. In the virtual office setup, specialized software can be used to complete the work that is required. A personal receptionist can be hired by the business to converse with clients on their behalf. This will also provide a professional look to the business and help clients trust them more.
Fantastic work-life balance
Normally, someone would only be able to spend time with their family at certain times of the day depending on when they return from their workplace. A great work-life balance may be in the cards now for most people as they are able to complete their work and also spend more time with their family.
How do VPOB and GST Registration go Together?
A business has to get registered under the GST scheme if its turnover exceeds a certain amount. For certain businesses such as e-commerce businesses, GST registration is compulsory and heavy penalties will be applied to those who fail to do so when they must. In order to register under the GST scheme, a business needs a physical mailing address.
Normally, a business would use the address of their physical office space to do this. As discussed previously, renting commercial office spaces can be financially burdensome. Thus, businesses can register under the GST scheme using their virtual address. If their business is active in more than one state, they can register it under the GST scheme using the same virtual address for all. This will help them avoid the tedium associated with registering each office building in each state separately.
InstaSpaces: Best Virtual Office Servies Provider at Affordable Prices in India
InstaSpaces is one of the leading virtual office providers in India. We have provided virtual offices to a large number of clients and helped them successfully register their businesses under the GST scheme as well. We have virtual office addresses for locations all across India. We will guide you in picking the best possible virtual address for your business; one that will help you attract as many clients as possible and also lay a foundation for the success of your business.
When you purchase a virtual office address for GST registration, we will also provide you with all the documents that you need for your GST registration including a No Objection Certificate(NOC) and electricity bill. We also provide GST registrations across all states and union territories in India. If your business is active in more than one state, we will help you register it in all of them using the same virtual office address. We will also refund your money completely in case the registration is unsuccessful.
We are incredibly excited at the prospect of working with you. The concepts of virtual offices and GST registration may be new to you but please do not fret as we will help you understand them at your own pace. Please put your complete trust in us and know that you can count on us for whatever you may need during this entire process. In case you have any doubts, please feel free to reach out to us at any time.
Happy Office Hunting!