Rent business addresses in Mumbai

A virtual business address in the capital of India

With and without founding a company!
No brokerage fees!
No money for office equipment!
No lengthy search for an office!
No search for service providers!
No search for personnel!
Equipment and reception staff are significant cost factors that put a huge strain on your budget. With Tempulse.Global's virtual offices, you minimize your costs. You save time searching for a location abroad.

Mumbai

  • One of the most populous cities in the world
  • The financial, commercial and entertainment capital of India
  • One of the ten most important trading centers in the world in terms of global financial flow
  • It is home to important financial institutions and the corporate headquarters of numerous Indian companies and multinational corporations

CORPORATE INCOME TAX

In India, the basic corporate tax rate for domestic companies is generally 30%. However, there are various incentives and provisions that can lead to lower effective tax rates:

  1. Reduced tax rate: For domestic companies that waive certain benefits and exemptions, a reduced tax rate of 22% (plus applicable surcharges and levies) applies.
  2. Manufacturing companies: New domestic companies that are active in manufacturing and were founded after October 1, 2019 can benefit from an even lower tax rate of 15% if they waive certain benefits and start production by March 31, 2023 (plus applicable surcharges and levies).
  3. Surcharges and levies: Additional surcharges and a health and education levy are levied on the corporate income tax. The surcharge is 10% for companies whose taxable income exceeds INR 1 crore (approx. INR 10 million). The health and education cess is 4% on the corporate tax and surcharge.
  4. Minimum Alternative Tax (MAT): Companies are subject to a minimum alternative tax of 15% on book income if the regular corporate tax applied to taxable income is lower. This is intended to ensure that companies with high book profits but a low regular tax liability due to various deductions pay a minimum amount of tax.

It is important to note that the tax framework and rates are subject to change depending on the annual financial laws and guidelines issued by the Indian government. 

Companies should review current tax regulations or seek professional advice to ensure that they calculate and report all applicable taxes correctly.

GDP in (EUR)

The gross domestic product (GDP) of India for 2022, converted into euros at an assumed average exchange rate of EUR 0.95 for USD 1, is around EUR 3.246 trillion.

SALES TAX RATE

In India, sales tax is referred to as Goods and Services Tax (GST). GST, which was introduced in July 2017, is a comprehensive indirect tax that has replaced many of the earlier indirect taxes, such as VAT, service tax, customs duty, etc. 

GST is applied to the sale of goods and supply of services and is divided into four main tax rates:

  1. Zero-rated (0%): Certain essential goods and services are exempted from GST or zero-rated to keep them affordable.
  2. Low rate (5% and 12%): Certain goods and services, including food and processed food, are taxed at a lower rate to minimize inflation.
  3. Standard rate (18%): This is the most commonly applied tax rate and applies to the majority of goods and services.
  4. High rate (28%): Certain luxury goods and harmful products (such as tobacco and luxury cars) are subject to this higher tax rate.

In addition to these main rates, there are special rates for certain goods such as precious metals, as well as additional levies on luxury goods and sin taxes on products such as alcohol and tobacco that exceed the standard GST.

GST aims to unify the earlier fragmented tax system and create a single national market, leading to greater efficiency and less complexity in tax administration. GST is seen as a target-based system that aims to broaden the tax base while reducing the tax burden on the end consumer.

You only pay for the services that you currently need and use!

Available services

Why Mumbai?
With over twelve million inhabitants, it is the most populous city in India and therefore also an important center for culture, business and trade and is a city of extremes. Mumbai is located on a peninsula on the west coast of India facing the Arabian Sea. The city has grown breathtakingly in recent years and is home to many multinational companies. The Indian market is very powerful and extremely lucrative for investors. The sixth largest metropolitan region in the world is the economic center of India and climatically Mumbai is located in the tropical climate zone. The administrative city area covers 603.40 square kilometers and stretches along the west coast of the island of Salsette off the coast of Maharashtra. Mumbai is divided into six zones. These are divided into 24 city districts, which are characterized by the British and Portuguese colonial era and have a lot to offer architecturally.

Cosmopolitan Mumbai is home to great linguistic diversity. The most widely spoken language in the city is Marathi, the main language of the state of Maharashtra and the official language of Mumbai. The rich upper classes live in Malabar and Cumballa Hills, on the west side of the city center, called Mumbai City District and Hiranandani Gardens at Powai Lake on the north side. About 28,508 people live in one square kilometer of the city. With 114,001 inhabitants per square kilometer, the Marine Lines district has one of the highest population densities in the world. Wealth and abject poverty live side by side.

Economically, development opportunities in Mumbai are expected primarily in the service sector. The computer industry also has favorable opportunities. TATA Consultancy Services is India's largest IT company based in Mumbai. Some companies in the city have already taken over labor-intensive areas in data entry and processing for European clients. The middle class in Mumbai is growing rapidly and prosperity is increasing the demand for mobility. As a potential supplier to the global automotive industry, vehicle manufacturing offers untapped opportunities in the industrial sector. Only 190 km away, the car cluster of the city of Pune is of particular importance. Mumbai has considerable opportunities to be developed as a research and development location and to become a trade and distribution center. The low real estate prices in Greater Mumbai in the north of the city are increasing the demand for real estate for companies and the city is on a growth trajectory.

Tourism plays an important role in Mumbai's economy. With 4,900,000 foreign visitors, Mumbai was the 27th most visited city in the world in 2016. Mumbai is thus a perfect hot-spot to internationalize its business instantly. With a high level of digital perfection, excellent features and benefits. On arrival, everything is organized and ready to go. Surrounded by well-known companies, a business address in Mumbai puts your company in the spotlight and ensures a significant reputation boost in your industry.

Advantages

Your business address in Mumbai is fantastically located in the center of the city and can be set up very quickly and easily. With a presence in Mumbai, India, you can take your business to the next level. It is ready for immediate use and is located in an extremely lucrative economic environment. Similar to our Shanghai location for China, Mumbai is a symbol of economic upswing for India. The megacity is not only the center of business, finance and trade. It is also home to the world's largest film industry, "Bollywood", which is conquering more than just the Asian markets with its musicals and romances. It has long since become a dream factory for an audience of billions. In the coming years, 50 billion US dollars are to be invested in Mumbai's urban development. Skyscrapers, tin shacks, diet clinics, yuppies, religious leaders, garbage collectors. Rich and poor meet every day in this densely populated city.

Mumbai is an attractive business location and is located in the state of Maharashtra. Mumbai is a major transportation hub with highways, overland bus terminals, air and rail links and two seaports, the Jawaharial Nehru Port (JNPT) and the Nhava Sheva Container Terminal (NSICT). The city is the main hub for traffic to South India. The busiest routes are to the Gujarat coast to the north and to Rajasthan and Delhi and to Goa and the Malabar coast. Print media, radio, the TV and film industry, as well as a number of excellent educational institutions and the University of Mumbai and SNDT Woman's University and research institutes are based in Mumbai. With TEMPULSE.GLOBAL NEW WORK, there is an opportunity to tap into this market immediately. Excellent features and attractive benefits are available with the business address in Mumbai to utilize for yourself and your business.

Your business address

Your name

Your company name

Tardeo Air Conditioned Market Building

Mumbai 400034

India

*You will receive theexact address when you book

Street view
Prices

Monthly

Postbox typePrivateStandardOffice
Account including 1 mailbox monthly use38,67
162,17
599,40
Mobile application (IOS & Android)   
Contract term1 month1 month1 month
Incoming letters included 510
Scan envelope (front) 510
Scanning letter contents1310
Included pages when scanning234
Save letters5 days10 days20 days
Storage of parcels2 days5 days10 days
Cloud connection   




yearly

Postbox typePrivateStandardOffice
Account including 1 Postbox per year Use425,10
1.783,86
3.571,62
Mobile application (IOS & Android)   
Contract term12 months12 months12 months
Incoming letters included 510
Scan envelope (front) 510
Scanning letter contents1310
Included pages when scanning234
Save letters5 days10 days20 days
Storage of parcels2 days5 days10 days
Cloud connection   

Real employees

Real employees who take care of incoming mail and office management competently and confidentially. TempulseMail increases your success instead of jeopardizing it.

Scan mail

The high-quality OCR scan gives you a digital insight into your letters and parcels in no time at all

Real business addresses

You can choose from 64 prestigious business addresses worldwide. From Germany to Europe and around the globe.

Mail forwarding

However, if you would like to have a specific letter or parcel physically available, you can simply use TempulseMail.

Mobile app

You can access your digital mailbox in two ways at any time. Either via the intuitive online interface or via the free TempulseMail software.

EXCLUSIVE

Storage / Destruction

While our employees sort out clear advertising mail directly, the rest of the irrelevant mail can be conveniently destroyed by yourself.

Local phone number

After signing up, you could save as many phone numbers as you want in your account, anywhere in the world.

Real employees

Real employees who take care of incoming mail and office management competently and confidentially. TempulseMail increases your success instead of jeopardizing it.

Real business addresses

You can choose from 64 prestigious business addresses worldwide. From Germany to Europe and around the globe.

Mobile app

You can access your digital mailbox in two ways at any time. Either via the intuitive online interface or via the free TempulseMail software.

EXCLUSIVE

Local phone number

After signing up, you could save as many phone numbers as you want in your account, anywhere in the world.

Mail forwarding

However, if you would like to have a specific letter or parcel physically available, you can simply use TempulseMail.

Scan mail

The high-quality OCR scan gives you a digital insight into your letters and parcels in no time at all

Storage / Destruction

While our employees sort out clear advertising mail directly, the rest of the irrelevant mail can be conveniently destroyed by yourself.