Virtual Place of Business (VPOB)



A Virtual Office for GST Registration (VPOB) is a facility that allows businesses to register for the Goods and Services Tax (GST) without having a physical office address.

A Virtual Office allows you to expand your business anywhere in India without physically occupying an office across India. Such an office is also known as a Virtual Place of business (VPOB) for E-commerce sellers. With Virtual Office you can get a professional business address for your company in a new state where you do not have GST registration.

One major attraction there’s no office lease, no utility payments, no hardware and none of the associated costs that come with having a brick-and-mortar space. All that savings can not only be passed along to clients, but it also affects your profit margin, allowing you to invest more in your people


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Required Documents Register

Requirements for Virtual Business Place

Identity Proof:

Copy of passport, driver's license, or any government-issued ID of the business owner(s) or director(s).

Address Proof:

Utility bill, bank statement, or rental agreement showing the address of the business premises.

Company Name:

Proposed company name along with alternate options, if applicable.

Director Details:

Details of directors including name, address, nationality, and occupation.

Articles of Association:

Memorandum of Association and Articles of Association outlining the company's constitution and internal regulations.

Shareholding Structure:

Distribution of shares among shareholders, if applicable.

Registered Office Address:

Physical address of the company's registered office.

Digital Signature Certificate:

Digital signatures of authorized signatories for online filings.

Requirements To Register

Eligibility:

Any individual or entity can register a business, subject to compliance with legal requirements and regulations.

Compliance:

Ensure compliance with all statutory and regulatory requirements throughout the registration process and beyond.

Company Type:

ComplyLocal facilitates the registration of various types of businesses including private limited companies, limited liability partnerships (LLPs), sole proprietorships, and partnerships.

Registration Process:

The registration process involves obtaining a Digital Signature Certificate (DSC), filing the necessary documents with the Registrar of Companies (RoC), and obtaining the Certificate of Incorporation.

Timeline:

The timeline for company registration varies depending on the type of business entity and the efficiency of document submission.

Cost:

The cost of registration includes government fees, professional fees, and any additional expenses incurred during the process.

Benefits of Registering with ComplyLocal

Expert Guidance:

Benefit from expert guidance and support from our experienced professionals throughout the registration process.

Time-Saving:

Save time and effort with our streamlined processes and efficient document preparation services.

Compliance Assurance:

Ensure compliance with all legal and regulatory requirements, minimizing the risk of penalties or legal issues in the future.

Transparent Pricing:

Enjoy transparent pricing with no hidden costs or surprises, helping you budget effectively for your business registration needs.

Personalized Service:

Receive personalized service tailored to your specific business requirements and objectives.

Post-Registration Support:

Access ongoing support and assistance for any queries or issues related to company registration and compliance.

Faqs

What is the minimum requirement to register a business with ComplyLocal?

The minimum requirement includes identity proof, address proof, proposed company name, and details of directors.

How long does it take to register a company with ComplyLocal?

The timeline for company registration varies depending on the type of business entity and the efficiency of document submission, typically ranging from a few days to a few weeks.

What are the benefits of registering a private limited company?

Benefits include limited liability protection, enhanced credibility, access to funding opportunities, and favorable tax treatment.

What are the ongoing compliance requirements after company registration?

Ongoing compliance requirements include filing annual returns, maintaining statutory registers, conducting board meetings, and complying with tax obligations.

Can foreign nationals or entities register a business with ComplyLocal?

Yes, foreign nationals or entities can register a business in India subject to certain conditions and regulatory requirements.

What are the fees associated with registering a company with ComplyLocal?

A: The fees include government fees, professional fees, and any additional expenses incurred during the registration process. Detailed cost estimates are provided upfront.