Lease Rental Rebate Scheme for Goan Diaspora (Goa IT Policy Schemes)
"Lease Rental Rebate Scheme for Goan Diaspora" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Lease Rental Rebate for Goan Diaspora. A 100% reimbursement of the lease rentals will be provided for a period of first 6 months of operations. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Benefits
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100% lease rental reimbursement for the first 6 months.
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After 6 months: ₹35 per sq. ft. or 80% of lease rental (whichever is lower).
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Benefit available for up to 2 years.
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Incentive based on % of Goan employees: 50% (up to 30%), 75% (30–60%), 100% (above 60%).
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Employees must be on company rolls for at least 1 year.
Eligibility
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Only expenses during the policy period are eligible.
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Units are evaluated annually for continued eligibility.
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Units receiving similar incentives under other Goa Government policies are not eligible.
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Scheme provisions are not binding assurances from the Government.
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Units must operate in Goa (new or existing).
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Eligible entities: Proprietorship, Private Ltd., Public Ltd., Partnership, or LLP.
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Company must be registered in Goa and led by a Goan diaspora CEO/majority stakeholder.
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Must employ at least 15 employees with minimum 60% of Goan origin.
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Unit and partners/directors’ bank accounts must be linked with Aadhaar.
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Udyog Aadhaar is required to claim benefits.
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Unit must operate for at least 1 year and from the same office space for 1 year.
Required Documentation
Copy of new unit registration document/certificate
Copies of PAN, Aadhaar and GST TIN
Memorandum and Articles of Association
Copy of first bill generated showing the date of commencement of operations or other relevant document
Occupancy certificate from developer/local authority for said office space
Details of employees and percentage of employees of Goan origin
Copy of lease deed/lease rental agreement for the built up office space
Proof of payment of rent for the said office space
Copy of Incorporation Certificate
How to Apply?
Log in to the UDP Goa website.
Select Lease Rental Rebate Scheme for Goan Diaspora from the list of schemes.
Click on the Apply button.
You will be automatically redirected to the Goa Online Portal to submit your application.