Hey Folks, Today in this blog, We are going to tell you about cheap virtual office renewal through Instaspaces. As it is the starting of the new financial year. All of you have to renew your virtual office solutions. No need to pay high prices for the virtual office renewals. Instaspaces is here to renew your virtual office solution by providing you the virtual office at the end of the first year at very cheap prices.
In case you are looking for the cheapest and most cost-effective Virtual Office Renewal plan, then you can opt for space options provided by InstaSpaces across all 29 states of the country.
Since InstaSpaces is the biggest on-demand booking platform for virtual offices PAN India, We have the cheapest to most premium space partners in every city/state.
Renewals of virtual office plans for GST registration / Business Registration start at INR 999/month.
Therefore rather than continuing your registration in high-cost and premium business centers, you can instantly save lots of cost shifting your registration to more cost-effective, yet similarly, professional business center/coworking space booked through InstaSpaces.
Further, in today’s age, all registration processes are completely online and digital. You or any of your staff can easily change your registered address on GST website or MCA portal by just submitting a fresh set of documents (NOC, Electricity Bill, Rent Agreement) within 2-7 days, your address will be shifted.
If you need assistance in changing address, InstaSpaces is one shop-solution as they will connect them to their partner accountants, and they will do the address change procedure for a small fee.
Is virtual office renewal important for Businesses?
It is important to renew the virtual office every year. If you don’t renew the virtual office on time then you have to face the following problems:
Legal notice to government departments by space owner
The space partners have the right to notify the concerned departments and government organizations to which registrations are taken, that this particular company is no more housed out of their location. The reason for the same is to absolve their space of any liabilities arising out of the registered company from that
day onwards.
Fines on unsuccessful Physical Verifications
Most government departments do routine physical verification and checks to see the legitimacy of the registered address (for example in case of GST registration) there is a specific mandatory requirement on GST portal whereby the GST officer has to do at least once in initial years do physical verification of the GST Address submitted by the company. AT that point of time failure of successful registration may lead to fines up to INR 25000 per visit.
Notices from GST Department
Any notice received from GST Authorities of that state will be sent on the registered GST address of that the state. Space owner might not accept such courters or forward such courters if the virtual office plan hadn’t been renewed on time.
Documents required for Virtual office Renewal
Virtual office renewal requires the following documents:
Documents Required for Business Registration Virtual Office Plan
- Adhaar Card Copy of Business Owner
- PAN Card Copy of Business Owner
- PAN Card of the Business*
- Certificate of Incorporation*
- Any Address Proof of Business Registered Address*
Note – Points marked “*” Not required in case of a new business/company)
Documents Required for GST Registration Virtual Office Plan
- Adhaar Card Copy of Business Owner
- PAN Card Copy of Business Owner
- Any Address Proof of the business’ primary registered address
(Copy of COI or GST Certificate or Partnership Deed, etc.)
Documents Required for Mailing Address Virtual Office Plan
- Adhaar Card Copy of Business Owner
- PAN Card Copy of Business Owner
- Any Address Proof of the business’ primary registered address
(Copy of COI or GST Certificate or Partnership Deed, etc.)
Virtual office renewal Process, Step by step guide 2019
You have to follow the steps given below to renew your virtual office solution:
- Visit https://www.instaspaces.in/
- Instaspaces live chat/call assistance will assist you with the locations, pricing, and images of each venue.
- Finalize your location & proceed for payment.
- Along with Booking Confirmation Voucher, you will be requested to share your business’ documents for KYC purpose.
- Within 3 days, the entire documentation for virtual office will be completed.
- You will be provided with NOC (No Objection Certificate), Rent Agreement, and utility bill of the recent month.
- With these documents, now you can proceed with your registration.
Final Words
This is all about the virtual office renewal. Hope, the above article is useful for you and if you have any doubt or query regarding the same then you can comment below or mail us at [email protected]. We would help you.