Company Registration on OMR IT Expressway, Chennai
Starting a company on Chennai's OMR IT Expressway? V Viswanathan Associates provides end-to-end company registration and incorporation services for tech startups, IT services firms, and businesses along the Old Mahabalipuram Road corridor. From private limited company registration to GST and Startup India recognition, we handle everything so you can focus on building your business.
OMR IT Expressway: Chennai's Silicon Valley
The Old Mahabalipuram Road (OMR), officially known as Rajiv Gandhi Salai, stretches over 35 kilometres from Madhya Kailash in the north to Mahabalipuram in the south. Often called Chennai's IT Expressway or the city's Silicon Valley, this corridor is home to over 500 IT companies, technology parks, and innovation centres employing more than 500,000 professionals. The OMR corridor has transformed from a quiet suburban road into India's most concentrated IT and technology hub outside Bangalore.
Major technology parks along OMR include ELCOT IT Park at Sholinganallur, Ascendas IT Park, RMZ Millenia, SP Infocity, Siruseri IT Park, and the SIPCOT IT Park at Siruseri. Global technology companies including Infosys, TCS, Cognizant, HCL, Wipro, Zoho, Freshworks, and hundreds of mid-size IT firms have their offices along this corridor. The presence of these anchor companies creates a thriving ecosystem for new ventures, service providers, and technology startups looking to leverage the corridor's talent pool and business infrastructure.
Why Register Your Company on OMR
The OMR IT Expressway offers compelling advantages for new company registrations. The corridor provides access to a massive pool of technology talent, world-class office infrastructure at competitive rentals compared to Bangalore and Mumbai, proximity to Chennai International Airport and Seaport, and an established vendor ecosystem for IT services. Tamil Nadu's startup-friendly policies, including the Tamil Nadu Startup and Innovation Policy 2023, provide additional incentives such as seed funding, patent subsidies, and stamp duty exemptions for eligible startups.
Advantages of OMR for Company Registration
- IT/ITES SEZ benefits: Multiple Special Economic Zones along OMR offering tax holidays, customs duty exemptions, and simplified regulatory compliance
- STPI registration: Software Technology Parks of India offices for export-oriented IT companies with income tax and customs benefits
- Talent availability: Over 500,000 IT professionals and proximity to top engineering colleges including IIT Madras, Anna University, and SRM
- Cost advantage: Office rentals 30-40% lower than Bangalore, with comparable infrastructure quality
- Tamil Nadu Startup Policy: Up to ₹10 lakhs seed funding, patent cost reimbursement, and incubation support
- Transport connectivity: Metro rail extension to OMR (under construction), MRTS connectivity, and proximity to airport
Company Registration Options for OMR Businesses
Private Limited Company
The most popular structure for IT startups and technology companies. Offers limited liability protection, easy fundraising from investors, ESOP issuance capability, and credibility with enterprise clients.
Timeline: 7-10 working days | From ₹7,999
Limited Liability Partnership (LLP)
Ideal for consulting firms, freelance IT teams, and service-based businesses. Lower compliance burden than private limited, no minimum capital requirement, and tax-efficient profit distribution.
Timeline: 7-12 working days | From ₹5,999
One Person Company (OPC)
Perfect for solo tech founders and independent consultants. Single shareholder with limited liability, lower compliance than private limited, and easy conversion to Pvt Ltd when ready to scale.
Timeline: 7-10 working days | From ₹6,999
Wholly Owned Subsidiary (WOS)
For foreign companies establishing India operations on OMR. Complete FEMA compliance, RBI filing, liaison with AD banks, and ongoing statutory compliance management.
Timeline: 15-25 working days | From ₹49,999
Complete Registration Package
Our company registration service for OMR-based businesses includes everything you need to start operations quickly and compliantly. We handle the entire process from name reservation to certificate of incorporation, and follow up with essential post-incorporation compliance.
| Service Included | Details | Timeline |
|---|---|---|
| Company Name Reservation | RUN (Reserve Unique Name) application with MCA, up to 2 name options | 1-2 days |
| DSC & DIN | Digital Signature Certificate and Director Identification Number for all directors | 1-2 days |
| SPICe+ Filing | Incorporation application with MOA, AOA, and registered office address proof | 3-5 days |
| PAN & TAN | Company PAN and TAN allotment (included in SPICe+) | Auto-allotted |
| GST Registration | GSTIN application with proper HSN/SAC code classification for IT services | 3-5 days |
| Bank Account Opening | Assistance with current account opening at startup-friendly banks | 2-3 days |
| MSME/Udyam Registration | Udyam registration for MSME benefits including priority sector lending and government tender preference | 1 day |
| Startup India Registration | DPIIT recognition application for tax benefits under Section 80-IAC and angel tax exemption | 5-7 days |
Industry-Specific Registration Guidance
Different types of businesses along the OMR corridor have specific registration requirements. IT services companies exporting software need STPI or SEZ registration for tax benefits. Fintech startups may require RBI sandbox registration or NBFC licensing. Healthtech companies need CDSCO approvals for medical devices. Our team guides you through the sector-specific regulatory landscape to ensure your company is properly set up from day one.
For companies planning to raise venture capital or angel investment, we structure the incorporation to be investor-ready from the start. This includes proper authorised share capital allocation, clean articles of association allowing for future funding rounds, board composition suitable for institutional investors, and compliance frameworks that withstand due diligence scrutiny.
Post-Registration Compliance Support
Company registration is just the beginning. OMR-based businesses need ongoing compliance support to avoid penalties and maintain good standing with the Registrar of Companies. Our post-registration services ensure your company stays compliant while you focus on growth.
Ongoing Compliance We Handle
- Annual ROC filings: AOC-4 (financial statements) and MGT-7 (annual return) with the Registrar of Companies
- Board meeting compliance: Drafting minutes, maintaining statutory registers, and filing resolutions
- Income tax returns: Corporate ITR filing with proper computation of income, deductions, and MAT
- GST returns: Monthly GSTR-1, GSTR-3B, and annual GSTR-9 filing with input credit reconciliation
- TDS compliance: Quarterly TDS return filing and timely deposit of tax deducted at source
- Statutory audit: Annual audit under the Companies Act with audit report and financial statements
Why Choose V Viswanathan Associates
- Chennai-Based CA Firm — Local expertise with deep understanding of Tamil Nadu's business environment and regulatory framework
- 500+ Companies Registered — Extensive experience incorporating IT, SaaS, fintech, and technology companies across Chennai
- End-to-End Support — From name reservation to ongoing compliance, we handle everything under one roof
- Investor-Ready Structuring — We set up your company for seamless fundraising with clean governance from day one
- Fast Turnaround — Most private limited company registrations completed within 7-10 working days
Ready to Register Your Company on OMR?
Get your private limited company, LLP, or OPC registered quickly and correctly. Complete registration package with GST, MSME, and Startup India recognition included.