What Does the Indian Company Law Say?
As per Indian Company Law, a company must provide a physical address for registration. Sections 12 of the Indian Companies Act, 2013 lays it down clearly as follows:
12. (1) A company shall, [within thirty days of its incorporation] and at all times thereafter, have a registered office capable of receiving and acknowledging all communications and notices as may be addressed to it.
(2) The company shall furnish to the Registrar verification of its registered office within a period of thirty days of its incorporation in such manner as may be prescribed.
(3) Every company shall— (a) paint or affix its name, and the address of its registered office, and keep the same painted or affixed, on the outside of every office or place in which its business is carried on, in a conspicuous position, in legible letters, and if the characters employed therefore are not those of the language or of one of the languages in general use in that locality, also in the characters of that language or one of those languages;
(b) have its name engraved in legible characters on its seal; if any;
(c) get its name, address of its registered office, and the Corporate Identity Number along with telephone number, fax number, if any, e-mail and website addresses, if any, printed in all its business letters, billheads, letter papers, and in all its notices and other official publications; and
(d) have its name printed on hundies, promissory notes, bills of exchange and such other documents as may be prescribed:
What is a Virtual Office Address?
Today’s workforce is more scattered than ever, and more and more companies are doing away with physical offices and moving to a remote working model. This means that companies have no real need for office space, apart from conducting business-related communication. Therefore, businesses can now register for a virtual office address. When we say virtual, we don’t mean a space online; it simply refers to a professional address that can be used for all business correspondence and mail.
The vendors who maintain these spaces are experts at handling all business communications efficiently – from maintaining mailing records and forwarding important communication to business owners so they can effectively conduct their business. This helps take some of the pressure off of business owners and lets them focus on other important tasks at hand.
Services a Virtual Office Can Render
Here is a list of some of the main services provided by virtual offices. Please note that different vendors may offer other services in addition to the ones mentioned below. The services mentioned are representative of the basic services provided:
-Assistant: A dedicated professional will be provided to execute various tasks and operations assigned by clients. If an organization chooses to, this assistant can act as a representative in meetings on behalf of the company.