Today licensing is necessary for everyone starting a business. But, you must first complete your Company Registration process before applying for a license. Further, you have to obtain a VNO License for starting an Internet Service Provider Business issued by the telecommunication department.
Now let's learn in detail about the VNO License.
VNO (Virtual Network Operator) buys bandwidth and resell them to internet users virtually. However, this license is for operating on a small scale.
The TRAI (Telecom Regulatory Authority of India) issues the license after evaluating the application.
Three categories of VNO License:
Click here to see the list of SSA in India.
Total Capital Required- Rs. 15,50,000/-
Total Capital Required- Rs. 1,15,000/-
Total Capital Required- Rs. 20,000/-
Here are the 9 easy steps directed as per guidelines:
It takes about 3-5 months for the complete process of getting a VNO License.
The telecommunication department issues a "letter of intent" within two months. After that, it takes about 1-3 months to give bank guarantees and extra information asked by the Telecommunication Department.
A VNO license in India is valid for 10 years, as per the unified license guidelines.
In conclusion, if you operate your business without a license, you will have to pay heavy fines or close down your business. Therefore, to be on the safer side, keep a record of all the documents. Most importantly, acquire all the licenses and permits as soon as possible.
For any further information contact our experts at www.starteazy.in