The inception of GST in India has made it compulsory for businesses to acquire a unique GSTIN for their organization. Even though it may sound like a painful process, there are easy alternatives to acquire a GST address with ease.
Acquiring virtual office space is one of the easier alternatives to acquire a professional GST address in whatever location your heart desires. This is one of the major opportunities businesses fail to recognize.
This article is written to give people a brief idea about virtual office spaces and how a business can easily acquire one in the startup hub of Karnataka, Bangalore. If you are interested to learn more, get your reading mode on and scroll along.
Table of Contents
What is a virtual office space
Virtual office space is pretty basic in terms of its name and working, as it enables the owner to get a professional business address in a prime business location. You can own the business address without needing to rent a physical office space that will cost you in the thousands.
As the name clearly states, virtual office space has no physical location but just an address you can rent for business and GST purposes.
Why is Bangalore appropriate for a virtual office address
The great city of Bangalore is referred to as the startup capital of India. The city is very famous for its immense number of startup based companies that have made their home ground in there.
With many MNC’s like General Electric setting up shop in Bangalore, it can prove very beneficial from a business point of view.
A business address in Bangalore can make your business seem very professional in the eyes of the customer. This can be one of the most advantageous points to get a virtual office space in Bangalore.
Importance of GST in India
Goods and Service tax is one of the most famous moves in the tax economy of India. This tax model allows the tax to be collected on value addition at various points. GST is also a destination-based tax, easing the tax structure and preventing the cascading effect of taxes.
GST is divided into
- CGST ( Central GST )
- SGST ( State GST )
The inclusion of GST into the democratic government of India has brought in a lot of subsidies and transparency into the small scale business departments.
The best advantage of getting a GST registered Virtual office space in Bangalore
Getting virtual office space in Bangalore is very beneficial for businesses, in several ways. Some of these advantages are
Save Money on rent and Maintenance
The real estate in Bangalore is slowly reaching unaffordable prices. With a very high rent value, it can be detrimental for your business to acquire a space in the region within the city.
A virtual Office eases you from the high rent prices as well as the maintenance amount. Even though the maintenance seems like a small amount, they can slowly add up to an immense level. With a business registration, the cost of water and current bills can go bring your business profits down.
Save time and money on travel costs
Bangalore is very famous for its large amount of traffic, be it any time of the day. Even though public transports are cheap, they can be unreliable to reach your location on time.
The cost of hiring a cab, particularly at peak hours will cost you a ton of money. With a virtual office in Bangalore, you can get a professional business address without needing to relocate your office to the startup city.
InstaSpaces: Best GST registration provider in Bangalore
InstaSpaces is one of the leading virtual office solution providers in India, with locations across all the 28 states of India. The office locations are situated in prime business locations, surrounded by top businesses and startups.
Bangalore is one of their strong points, where they offer spaces in the following locations.
You can acquire a GST address, by registering with any one of the options below.
- GST registration:- This option gives you a unique GSTIN for your business. You cannot use this for your business registration.
- The company as well as GST registration:- This address is a hybrid and serves you with a unique GSTIN as well as a business address in Bangalore.
We hope this article gave you insight, on how a virtual office can help you acquire a GST registration in Bangalore. To learn more about InstaSpaces, feel free to contact us at the points below.
Phone:- +91–888-270-2020
Email:- [email protected]
If you have any more doubts or queries, feel free to text our Instabuddies on site.
Happy office hunting
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