“Work hard in a smart way that amplifies the efforts of your work seamlessly”
We are not gonna bore you with philosophical sayings related to the field of business. We promise to not get you all excited about life by putting up some motivational quotes. This blog was written to simplify the concept of Principal Place Of Business ( PPOB ) and educate you on the best ways to get one.
But before we dive into the blog, there are some questions we would like to ask you?
Do you make an account of the amount of money that’s being invested in your business?
If you have been accounting for them, we congratulate you on the smart move. If not, then we highly recommend you record your cashflow details with the help of a proper accountant.
Now the second question,
Would you like to save some of that money by investing in cheaper office spaces for your business?
If you said yes, pat yourself on the back cause you have made yet another smart choice. You are also in the right location by making this choice.
At this blog, we discuss everything related to office spaces and in this article, we have clearly explained how you can save money by opting for virtual office space in India. So turn your reading mode on and scroll along.
Can you explain the term PPOB
When a business owner more than one operating point in a single state, it poses a problem for the MCA. They have to mark one of these spaces as your primary business location and this is where the terms PPOB ( Principal Place Of Business ) and APOB ( Additional Place Of Business ) come into play.
PPOB is the official main operating base of a business in one state. Principal Place Of Business is situated in the address location that has been mentioned as the professional business address in the registrar of companies. This location holds all the formal documents and other details of the company.
All the other locations are classified as the Additional Place Of Businesses ( APOB ) and will be termed as additional access locations for your business.
What is the best way to get a PPOB in India
Renting a virtual office space is one of the best ways to get a PPOB address in India, for many reasons
- The registration procedure is simple and convenient.
- You get proper documentation.
- The rent is much cheaper than the traditional Office Spaces.
- You can avail of prime business locations at a very low cost.
- You can get space to store your documents.
- A lot of Additional Services can also be availed at nominal costs.
and there are many more benefits to the virtual office scene. But we have kept this list short to give you a good idea of why virtual office space is the best way to get Principal Place of Address in India.
What is a Virtual Office Space
InstaSpaces rank among the leading virtual office service providers in India with office locations across all the 29 states of India. They even offer virtual office locations in all the union territories in India.
How can InstaSpaces provide my business with the best PPOB Address in India
They believe in customer satisfaction and professionalism, which can be found in all the services offered by the team. They encourage unsatisfied customers to go for a full 100% money refund, which rarely happens thanks to the high-quality address locations and the hardworking team behind InstaSpaces.
We believe It is better to show than tell and that is why we have put a list of some locations they offer in Mumbai
- Bandra-Kurla Complex
- Santa Cruz
The team of InstaSpaces also offers picture-perfect documentation for all their virtual Office locations. These documents will be handed over to you within 3-5 business days of registering in a virtual office location. They also promise to offer documents with zero mention of virtual office space.
- No Objection Certificate
- A utility bill
- Proof of registrations
If you have any more doubts or queries, feel free to contact one of our Instabuddies on site. You can also contact us at the points mentioned below
Email:- [email protected]
We hope this article added some kind of value to your time.
Until next time,
Happy office Hunting…0 109