The Lease Rental Subsidy Scheme is a flagship initiative under Goa’s Information Technology Policy 2018. It aims to support New and Existing IT Units operating in Goa by reimbursing a percentage of their office space lease/rental costs. This initiative, managed by the Department of Information Technology, Government of Goa, is meant to promote Goa as a business-friendly IT destination and reduce infrastructure costs for startups and IT firms.
Scheme Key Highlights (Short Summary)
• Implementing Body: Department of IT, Goa
• Target Group: New & Existing IT Units operating in Goa
• Subsidy Coverage: Up to 50% of annual lease rentals (up to 60% if 30%+ employees are women)
• Duration: 2 years
• Evaluation: Yearly evaluation before release of next installment
• Maximum Cap: ₹10,00,000 for Smaller Business Units (no cap for Mega Units)
• Application Cycle: Quarterly, Bi-annually, or Annually
Benefits
• Lease/rent reimbursement of up to 50% of the annual lease rentals
• 60% reimbursement if 30% or more employees are women
• Reimbursement disbursed pro-rata based on Goan-origin employees:
-
Up to 30% employees of Goan origin: 50% subsidy
-
30%–60% employees of Goan origin: 75% subsidy
-
Over 60% employees of Goan origin: 100% subsidy
• Valid for 2 years of lease/rent
• Land lease benefit: Reimbursement of upfront lease premium and annual lease rentals (for GIDC/Govt. land) post 1 year of operations
• ₹10,00,000 max subsidy for Smaller Business Units; no cap for others
Note:
• Expenses must be post-policy notification
• Subsidy is subject to budget availability
• Evaluation happens annually to continue disbursing subsidy
Eligibility
• Unit must be a New or Existing IT unit operating in Goa
• Must be one of the following entity types:
• Proprietorship Firm
• Private Limited Company
• Public Limited Company
• Registered Partnership Firm
• Limited Liability Partnership
• Bank accounts of the company and/or directors/partners must be Aadhaar-linked
• Should have completed at least one year of operation before applying for the benefit
Exclusions
• Units availing similar financial incentives under other Goa Government policies
• Units that incurred lease expenses before policy notification
Application Process
Online
• Step 1: Visit Goa Online Portal → Click “Register”
• Step 2: Verify Email ID & Mobile Number using OTP
• Step 3: Fill Registration Form → Create Login Credentials
• Step 4: Login with credentials → Navigate to “Services” → “IT Services”
• Step 5: Select “Lease Rental Subsidy Scheme”
• Step 6: Fill application form, upload mandatory documents
• Step 7: Submit and note registration number for tracking
Note: Apply quarterly/bi-annually/annually based on incurred expenses
Disbursement Timeline
• D (Application Receipt)
• D+30 Days – Scrutiny & Checklist Review
• D+60 Days – Empowered Committee Approval
• D+90 Days – Sanction Order / Regret Letter & Disbursement
Documents Required
• Udyog Aadhaar
• Certificate of Incorporation / Registration
• PAN, Aadhaar & GST TIN of unit/partners/directors
• Memorandum & Articles of Association
• First Bill or Proof of Commencement of Operations
• Occupancy Certificate for the leased space
• DPR/Business Plan (3-year projection)
• Employee details with % of Goan-origin employees
• Proof of employment (12 months) – PF slips or salary proof
• Lease deed/rental agreement
• Rent payment receipts
• Upfront lease premium receipts (for land)
• Auditor/CA certified investment proof
Frequently Asked Questions (FAQs)
Q: What is the scheme’s purpose?
A: To reduce office infrastructure costs for IT units through rental/lease reimbursement.
Q: Is there a maximum limit to subsidy?
A: Yes, ₹10,00,000 for Smaller Units. No cap for Mega Units.
Q: Can a unit avail this along with other subsidies?
A: No. If already availing similar Goa Govt. scheme benefits, you’re ineligible.
Q: What about land leased from GIDC/Govt.?
A: You can claim reimbursement of upfront lease premium + annual rentals (after 1 year of operation).
Q: How is the subsidy rate calculated?
A: Based on % of Goan-origin employees:
• ≤30%: 50%, 30%–60%: 75%, >60%: 100%
Q: What’s the application frequency?
A: Quarterly, bi-annually, or annually – after incurring the lease expense.
Q: What is required for continuing benefits?
A: Annual evaluation of eligibility by authorities.
Sources and References
• Guidelines
• Contact Us
• User Manual For Business Entity
• Track Application Status