India is not only one of the largest countries in the world, but also one of its largest economies. Starting a business here is quite advantageous from various points of view, among which the easiness of registering a business.
In order to simplify the procedure, even more, an Indian virtual office can be used in the first phase of company registration to secure a local address. This a service that can be customized to the needs of a client and the best news is that it can be obtained in various cities in the country, including in Bangalore.
If you are interested in obtaining a virtual office in Bangalore, below, you can find out the facilities you use with it. We are also at your service if you want to open a company in India, including in Bangalore.
The virtual office as a service
The flexibility acquired by companies and single entrepreneurs in the past few years has led to the development of a new niche of services, among which co-working spaces and virtual offices are some of the most employed.
In India, virtual offices are more and more employed because of the large distance between important cities and regions, facilitating communication.
A virtual office in Bangalore can be a great solution for those interested in a flexible manner of running a company or having a local address in one of India’s most important business centers.
Facilities available in a virtual office in Bangalore
Generally speaking, a virtual office comes equipped with the following:
- local phone number and other devices that ease communication;
- e-mail address and physical address for those in need of such services;
- meeting rooms that can be booked for business reunions;
- other equipment, such as printers and scanners.
Particularly, your own virtual office in Bangalore can come with these or other facilities based on your needs.
We would like to mention that the virtual office is not an actual workspace, it is an address you can use to receive and send out correspondence and official documents. With it, you can obtain a virtual assistant to handle various tasks.
The virtual office is a great solution for those wondering how to form a company in India in the shortest time possible. Using the services of an accountant in India gives you access to better services and a complete understanding of accounting regulations, especially if you are a foreign investor and first-time comer to this country. This is why you can rely on our local specialists if you need specialized accounting services.
We can also help you with your accounting requirements. Among these, we offer payroll solutions for all types of companies. In compliance with the rules of the Employment Code, we provide a range of services to local and foreign companies with employees in relation to payroll in India.
How can a Bangalore virtual office be used?
A virtual office is an optimal solution when seeking to open a company in Bangalore and you need a local address. Usually located in renowned business centers, such offices can be employed to have a mailing address the Trade Register needs to prove the physical existence of your business in India.
Apart from this, which is the most common use of a virtual office in Bangalore, it is also a suitable option for those who want to have a contact point to be reached in this region.
The virtual office is contracted by both single entrepreneurs and companies that are interested in a cheap and secure option of having a presence in Bangalore when their headquarters are in other parts of the country.
If you need more information on how a virtual office works, our India company formation specialists can explain.
Obtaining a virtual office
The virtual office can be obtained through a services contract where all the details are written. The payment can be made at once for the entire duration or monthly, however, due to the low prices such a service has, the first option is often preferred.
The contract will contain all the services attached, as well as other fees if certain special requirements are made during a month. One of the best examples in this sense is a meeting room reservation that must be made a few days in advance in order to ensure its availability.
A virtual office in Bangalore can be your point of interaction with clients and business associates here without you having to worry about paying rent or detaching an employee to work here.
How much does it cost to obtain a virtual office?
The cost of a virtual office in Bangalore is nearly never the same, as this service is personalized, and each client wants different facilities. However, the prices can start at around 1,000 INR per month.
Bangalore as a business hub
According to recent news, Bangalore and Hyderabad are expected to be two of Asia’s most important cities over the next few years.
In respect to Bangalore:
- between 2020 and 2024, Bangalore should register an annual economic growth of 9.9%;
- the average rent in the city is also expected to grow by 3.2% per year;
- the city is the number 1 location for technology tenants in India.
If you want to start a business in Bangalore or simply need a presence here, the virtual office can be a good choice. Contact us now for detailed information on how to buy such a service.