OSP stands for Other Service Provider. It is governed as per the Department of Telecommunication of India Act, 1999. An Other Service Provider is a company which provides applications services that necessitate IT enabled services such as Tele-Banking, Tele-Marketing, Tele-medicine and a range of other services.
OSP License can be obtained only by Private Limited Companies and Limited Liability Partnerships. It is mandatory for service providers in India providing services such as telemedicine, telebanking, call center, etc to possess an OSP License.
The startup company needs to posses the following documents before applying for an OSP License
- Certificate of Incorporation and MOA, AOA
- Self attested copies of Aadhar card and Address Proof (be it PAN card, Aadhar card or voter card)
- Two photographs of all the respective directors
- Cancelled Cheque
- No objection certificate on a ten rupees stamp paper and notarized as well
- Utility bill like electricity bill and water bill which is not older than two months
- Rent Agreement
The first step is to register your company in DOT Portal.
Submit the specified documents. All these documents must be certified with a seal from the one of the directors of the company.
Fill in the director KYC details and then submit the forms
The department will soon issue an OSP License after the documents’ verification is complete.
The companies dealing with IT enabled services and Telecomm services requires OSP License.
Yes, returns must be filed annually within six months of completion of the current financial year.
It is valid up to twenty years from the date of its issue. Also, if returns are not filed for three consecutive years, the License becomes invalid.
Yes, OSP License can be renewed. For that, you need to fill in a renewal form.
No, one License is issued for one particular place. Multiple Licenses must be filed for multiple branches.
No, you must own a Private Limited Company or LLP to apply for OSP License.
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